Form 8-K
8-K — Ribbon Communications Inc.
Accession: 0001104659-26-043511
Filed: 2026-04-15
Period: 2026-04-15
CIK: 0001708055
SIC: 7373 (SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
Item: Financial Statements and Exhibits
Documents
8-K — tm2611696d1_8k.htm (Primary)
EX-99.1 — EXHIBIT 99.1 (tm2611696d1_ex99-1.htm)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
April 15, 2026
Date
of Report (Date of earliest event reported)
RIBBON COMMUNICATIONS INC.
(Exact Name of Registrant as Specified in its Charter)
Delaware
001-38267
82-1669692
(State or Other Jurisdiction
of Incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
6500 Chase Oaks Blvd., Suite 100, Plano, TX
75023
(Address of Principal Executive Offices) (Zip Code)
(978) 614-8100
(Registrant’s telephone number, including
area code)
N/A
(Former Name or Former Address, if Changed Since
Last Report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see
General Instruction A.2. below):
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b)
of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, par value $0.0001
RBBN
The Nasdaq Global Select Market
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities
Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ¨
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective April 15, 2026, the Board of Directors (the “Board”)
of Ribbon Communications Inc. (the “Company”) elected to increase the size of the Board to nine members and appointed
Louis Silver to serve as a member of the Board until the Company’s 2026 Annual Meeting of Stockholders. It is expected that Mr.
Silver will be appointed to one or more of the standing committees of the Board when the Board next meets in May 2026.
Mr. Silver (age 72), currently serves as a corporate advisor and Managing
Director for Alba Capital S.A. and Wicklow Corp., private holding and investment companies. From 2005 to 2015, Mr. Silver was a Principal
at RP Capital UK Ltd., a multi-asset fund focused on liquid and illiquid investments in Eastern Europe, the Middle East and Africa. Mr.
Silver has over 25 years’ experience serving on boards at multiple private and public companies focused primarily on technology
investment. He currently serves on the Board of Directors of Ceva, Inc., a Nasdaq-listed company, where he is Chairman of the Audit Committee
and a member of the Compensation Committee.
The Board believes Mr. Silver is qualified to serve on the Board based
on his extensive background in strategic and investment advisory services, his legal and regulatory compliance experience, as well as
his experience serving as a director of numerous private and public companies, including many in the technology space.
Mr. Silver was appointed to the Board by the Swarth Stockholders (defined
below) pursuant to the Company’s First Amended and Restated Stockholders Agreement dated March 3, 2020 with JPMC Heritage Parent
LLC (“JPMC”), Heritage PE (OEP) III, L.P. (together with JPMC, entities affiliated with the Company’s largest
stockholder, JPMorgan Chase & Co. (collectively with any successor entities, the “JPM Stockholders”)), and ECI
Holding (Hungary) Kft. (as succeeded to by Swarth Investments Ltd., the “Swarth Stockholders”) There are no family
relationships between Mr. Silver and any other director or executive officer of the Company and there have been no transactions between
Mr. Silver and the Company in the last fiscal year, and none are currently proposed, that would require disclosure under Item 404(a) of
Regulation S-K.
In connection with his election as a director, Mr. Silver is entitled
to receive an annual retainer of $60,000 consistent with the Company’s Non-employee Director Compensation Plan (the “Director
Compensation Plan”). The retainer is payable quarterly and pro-rated for the partial year of service. In addition, Mr. Silver
is entitled to receive restricted share units (consistent with the Director Compensation Plan), which, subject to his continued service,
will vest on the earlier of (i) the first anniversary of the grant date of the award and (ii) the next annual shareholders meeting of
the Company which is at least 50 weeks after the immediately preceding year's annual stockholders meeting. The number of shares eligible
to be received upon the vesting of the restricted share units will have a value (based on the closing price of the Company’s common
stock on the date of grant) equal to $170,000 pro-rated for the portion of the year that has elapsed since the Company’s 2025 Annual
Meeting of Stockholders. In addition, Mr. Silver will receive additional annual retainers for his expected service on one or more standing
committees of the Board when appointed. In accordance with the Company’s customary practice, the Company also expects to enter into
its standard form of indemnification agreement with Mr. Silver, which agreement is filed as Exhibit 10.5 to the Company’s Annual
Report on Form 10-K filed with the SEC on March 8, 2018.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press Release of Ribbon Communications Inc., dated April 15, 2026.
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURE
Pursuant to the requirements
of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Date: April 15, 2026
Ribbon Communications Inc.
By:
/s/ Patrick Macken
Name:
Patrick W. Macken
Title:
Executive Vice President, Chief Legal Officer and Secretary
EX-99.1 — EXHIBIT 99.1
EX-99.1
Filename: tm2611696d1_ex99-1.htm · Sequence: 2
Exhibit 99.1
Ribbon Appoints
Louis Silver to its Board of Directors
FOR IMMEDIATE RELEASE: April 15, 2026
Plano, TX – Ribbon Communications Inc.
(Nasdaq: RBBN), a global leader in real-time communications technology and IP optical networking solutions, today announced the appointment
of Louis Silver to its Board of Directors.
“We are pleased to have Lou join the Board” said Shaul
Shani, Chairman of the Board at Ribbon. “Lou has a long history of working with technology companies and brings significant international
experience in finance, corporate governance, and regulatory compliance matters. We believe he will be a great addition for us”
continued Mr. Shani.
Mr. Silver currently serves as a corporate advisor and Managing
Director for Alba Capital S.A. and Wicklow Corp., private holding and investment companies. From 2005 to 2015, Mr. Silver was a
Principal at RP Capital UK Ltd., a multi-asset fund focused on liquid and illiquid investments in Eastern Europe, the Middle East and
Africa. Mr. Silver has over 25 years’ experience serving on boards at multiple private and public companies focused primarily
on technology investment. He currently serves on the Board of Directors of Ceva, Inc., a Nasdaq-listed company, where he is Chairman
of the Audit Committee and a member of the Compensation Committee.
Mr. Silver’s appointment brings the size of Ribbon’s
Board to nine members, six of whom are independent. Mr. Silver was appointed as a designee of Swarth Investments Ltd. pursuant to
the Company’s First Amended and Restated Stockholders Agreement.
About
Ribbon
Ribbon Communications
(Nasdaq: RBBN) delivers secure cloud communications and IP
and optical networking solutions to service providers, enterprises and critical infrastructure sectors globally. We engage deeply
with our customers, helping them modernize their networks for improved competitive positioning and business outcomes in today's smart,
always-on and data-hungry world. Our end-to-end portfolio of communications software and IP Optical networking solutions delivers superior
value and innovation by leveraging cloud-native architectures, automation and analytics tools, and leading-edge security.
We maintain a keen focus on our commitments to Environmental, Social, and Governance (ESG) matters, offering an annual Sustainability
Report to our stakeholders. To learn more about Ribbon, please visit rbbn.com
Page 1 of 2
Important Information Regarding Forward-Looking Statements
The information in this release contains forward-looking statements
regarding future events that involve risks and uncertainties. All statements other than statements of historical facts contained in this
release, including those regarding the expected benefits from use of Ribbon Communication’s products, are forward-looking statements.
The actual results of Ribbon Communications may differ materially from those contemplated by the forward-looking statements. For further
information regarding risks and uncertainties associated with Ribbon Communications' business, please refer to the "Risk Factors"
section of Ribbon Communications' most recent annual or quarterly report filed with the SEC. Any forward-looking statements represent
Ribbon Communications' views only as of the date on which such statement is made and should not be relied upon as representing Ribbon
Communications' views as of any subsequent date. While Ribbon Communications may elect to update forward-looking statements at some point,
Ribbon Communications specifically disclaims any obligation to do so.
Investor Contact
+1 (978) 614-8050
ir@rbbn.com
Media Contact
Catherine Berthier
+1 (646) 741-1974
cberthier@rbbn.com
Page 2 of 2
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