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RESIDEO TECHNOLOGIES, INC. (REZI) filed an 8-K current report with the SEC on June 4, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement), Item 5.02 (Departure/Election of Directors or Officers). Thomas Surran becomes CEO and director upon ADI Spin-Off completion, expected between mid-Q3 and mid-Q4 2026.
RESIDEO TECHNOLOGIES, INC. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Thomas Surran becomes CEO and director upon ADI Spin-Off completion, expected between mid-Q3 and mid-Q4 2026
- Jay Geldmacher transitions to executive advisor and leaves the Board, creating planned leadership succession
- Surran’s annual salary is $900,000 with a 135% target bonus beginning after the 2026 transition period
- $1.583 million restricted-stock-unit award vests fully on the third anniversary, aligning retention with post-spin-off performance
- Executive package includes severance eligibility, $5 million liability coverage, and an annual physical benefit up to $7,500
Other items in this filing:
- Item 1.01: Entry into a Material Definitive Agreement
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Other RESIDEO TECHNOLOGIES, INC. 8-K filings
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