Short answer
Varex Imaging Corp (VREX) filed an 8-K current report with the SEC on August 10, 2026 reporting Item 1.01 (Entry into a Material Definitive Agreement), Item 5.02 (Departure/Election of Directors or Officers), Item 7.01 (Regulation FD Disclosure), Item EX-99.1 (Exhibit EX-99.1). Merger agreement accelerates full vesting of named executives’ in-the-money options, RSUs and PSUs at closing.
Varex Imaging Corp 8-K event analysis
AI summary of each reported item and its exhibits
Item 1.01 · Entry into a Material Definitive Agreement
- Merger agreement accelerates full vesting of named executives’ in-the-money options, RSUs and PSUs at closing
- Executive equity payout values: Sanyal $8.70M, Maheshwari $2.77M, Hartmann $1.45M, Jonaitis $1.45M
- Aggregate disclosed executive transaction payouts total approximately $14.36M
- Vesting acceleration increases merger-related compensation costs and benefits senior management upon deal completion
Item 5.02 · Departure/Election of Directors or Officers
- Compensation Committee-approved officer arrangements tied to the merger agreement
- Treatment of Company options, RSUs and PSUs governed by merger terms
- Equity award treatment may affect officer retention incentives and merger-related compensation costs
Item 7.01 · Regulation FD Disclosure
- Section 7.01 contains only standard Regulation FD incorporation and liability disclaimers
- No substantive business, financial, or market-moving disclosure provided in the excerpt
Item EX-99.1 · Exhibit EX-99.1
- Teledyne agreed to acquire Varex for $18.90 per share in cash, valuing the transaction at approximately $1.1 billion
- Cash consideration provides Varex shareholders a defined exit value, subject to stockholder approval and customary closing conditions
- Completion anticipated in early 2027, with regulatory approval representing a key timing and execution risk
- Complementary X-ray tubes, detectors, and imaging technologies expand Teledyne’s healthcare and industrial imaging portfolio
- Varex employs approximately 2,400 people, creating integration and retention considerations for investors
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Varex Imaging Corp 8-K filings
Get the next VREX 8-K as it lands
Follow VREX for push alerts, or ask the research agent what this filing means.