Short answer
Teledyne Technologies (TDY) filed an 8-K current report with the SEC on April 23, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item 5.03 (Amendments to Articles of Incorporation or Bylaws), Item 5.07 (Submission of Matters to a Vote of Security Holders), Item 8.01 (Other Events). CFO Blackwood salary increased to $660,000 from $640,000, with 2026 stock-option eligibility equal to 95% of base salary.
Teledyne Technologies 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- CFO Blackwood salary increased to $660,000 from $640,000, with 2026 stock-option eligibility equal to 95% of base salary
- VanWees salary increased to $613,000 from $595,000; Cibik salary increased to $603,000 from $585,000
- Shareholders approved 4,000,000 additional shares for the incentive plan, extending its expiration from 2027 to 2036
- Full-value awards now consume 2.45 reserve shares per award share, reducing dilution versus the prior 2.93 ratio
- Nonemployee director annual compensation limit increased from $750,000 to $1,000,000 per director
Item 5.03 · Amendments to Articles of Incorporation or Bylaws
- Stockholders holding at least 25% of voting power can now call special meetings
- New right increases shareholder ability to advance proposals or director nominations outside annual meetings
- Bylaws impose record-date, ownership, disclosure, and procedural requirements on requesting stockholders
- Restrictions prevent duplicative proposals addressed recently or scheduled for Board-called meetings
- Other certificate revisions are technical and have no substantive shareholder-rights impact
Item 5.07 · Submission of Matters to a Vote of Security Holders
- Two Class III directors, Michelle A. Kumbier and Robert A. Malone, elected through 2027 Annual Meeting
- Deloitte & Touche LLP ratified as 2026 independent auditor, with 42,556,251 votes for
- Executive compensation approved on a non-binding basis, with 38,895,426 votes for
- Stockholder right to call special meetings approved, with 40,612,763 votes for
- Amended and Restated 2014 Incentive Award Plan approved, with 37,981,611 votes for
Item 8.01 · Other Events
- Non-employee director compensation re-approved under amended incentive plan, pending stockholder approval at 2026 Annual Meeting
- Compensation terms unchanged from current First Amended Plan
- Board-approved administrative rules govern director restricted stock units and fees
- Stockholder approval creates a condition for continuing the director compensation framework
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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