Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers (e) On September 28, 2026, Teledyne Technologies Incorporated (“Teledyne”) announced that Jason VanWees was retiring as Vice Chairman effective February 1, 2027. On September 25, 2026, Teledyne and Mr.…
Filed Oct 2, 2026Accepted Oct 2, 2026, 5:05 PM EDTCIK 1094285Accession 0001094285-26-000053
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers
(e) On September 28, 2026, Teledyne Technologies Incorporated (“Teledyne”) announced that Jason VanWees was retiring as Vice Chairman effective February 1, 2027. On September 25, 2026, Teledyne and Mr. VanWees entered into a Separation, Cooperation and General Release Agreement (the “Separation Agreement”) which becomes effective on October 3, 2026 following a seven-day revocation period. The Separation Agreement provides in part that:
• Mr. VanWees will retire as Vice Chairman as planned on February 1, 2027 and thereafter will serve as strategic advisor to the Executive Chairman through May 3, 2027 (the “Separation Date”);
• Additionally, through December 31, 2027, Mr. VanWees will provide reasonable assistance and cooperation to Teledyne and its affiliates in connection with matters arising from, relating to, or occurring during his employment with Teledyne and about which he possesses relevant knowledge;
• During the period Mr. VanWees serves as a strategic advisor through the Separation Date, he will receive his regular base salary and be entitled to take any remaining accrued vacation time; and
• In exchange for his agreements in the Separation Agreement, including the cooperation and non-solicitation provisions, Teledyne will pay Mr. VanWees a lump sum payment of $170,000, less standard deductions and withholding, within 30 days following the Separation Date.
The Separation Agreement includes a general release of claims, limited non-solicitation and non-disparagement provisions, non-disclosure agreements and other customary terms and conditions. A copy of the Separation Agreement is attached as Exhibit 10.1 to this Amended Current Report on Form 8-K and is incorporated herein in its entirety by reference.