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Current Report · Items 5.02, 5.07, 9.01 · 8-K

Vishay Precision Group, Inc.

VPGNYSEEQUITYCurrent

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Submission of Matters to a Vote of Security Holders

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers CFO Retirement On May 18, 2026, William M. Clancy, the Executive Vice President and Chief Financial Officer of Vishay Precision Group, Inc.…

Filed May 22, 2026Accepted May 22, 2026, 5:02 PM EDTCIK 1487952Accession 0001437749-26-018276
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Company context

Current securities

Recent company filings

  1. 10-Q filingAug 5, 2026
  2. Results of Operations and Financial ConditionAug 5, 2026
  3. SD filingMay 29, 2026
  4. 4 filingMay 20, 2026
  5. SCHEDULE 13G/A - filed by Portolan Capital Management, LLC regarding Vishay Precision Group, Inc.May 15, 2026

Registered securities in this filing

Vishay Precision Group, Inc. · 8-K · Filed 2026-05-22

As filed in this accession. Current/historical status below comes from the governed listing record; the cover itself remains exact to this filing.

Common stock

Symbol
VPG
Exchange
NYSE
Classification
COMMON
Status
Current
Filing context

Context: d20268K

Dimensions: Not supplied

Accession 000143774926018276 · 1 registered-security cover member

Read the exact SEC filing ↗

Disclosure sections

Items 5.02, 5.07, 9.01

Select an item to read the extracted section. The as-filed document remains the primary evidence.

Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers CFO Retirement On May 18, 2026, William M. Clancy, the Executive Vice President and Chief Financial Officer of Vishay Precision Group, Inc. (the “Company”), notified the Company of his retirement and the related resignation of his employment with the Company, effective December 31, 2026 and, on May 19, 2026, the Company entered into a Transition & Separation Agreement with Mr. Clancy (the “Transition Agreement”). Pursuant to the Transition Agreement, and subject to Mr. Clancy’s execution of a release of claims, Mr. Clancy will be entitled to (i) base salary continuation until June 30, 2028, (ii) payment by the Company of the applicable premiums otherwise payable for COBRA continuation coverage until the earlier of June 30, 2028 or the date upon which Mr. Clancy receives health insurance coverage from another employer, (iii) his fiscal year 2026 annual bonus in such amount, and paid at such time, as such annual bonus would have otherwise been paid if not for the cessation of employment, (iv) the full vesting of his outstanding restricted stock units (“RSUs”) that are subject to time-based vesting and (v) the vesting of his outstanding RSUs subject to performance-based vesting (“PBRSUs”) as follows: (A) the PBRSUs granted in 2024 shall vest on their normal vesting date to the extent the applicable performance criteria are realized, (B) two-thirds of the PBRSUs granted in 2025 shall vest on their normal vesting date to the extent the applicable performance criteria are realized and (C) one-third of the PBRSUs granted in 2026 shall vest on their normal vesting date to the extent the applicable performance criteria are realized. All other PBRSUs shall be forfeited as of December 31, 2026. CEO Employment Agreement Amendment On May 19, 2026, the Company, through its wholly-owned subsidiary Vishay Advanced Technologies, Ltd. (“Vishay Advanced Technologies”), entered into an amendment (the “CEO Amendment”) to the Employment Agreement, dated November 17, 2010, by and between Vishay Advanced Technologies and Ziv Shoshani, the Company’s Chief Executive Officer and President, as amended (the “CEO Employment Agreement”). Pursuant to the CEO Amendment, beginning with fiscal year 2026, Mr. Shoshani is entitled to (i) an annual equity award under the Company’s 2022 Stock Incentive Program (the “Plan”) having a value of approximately 225% of his base salary (or a higher percentage as determined by the Compensation Committee of the Board of Directors of the Company (the “Compensation Committee”) and (ii) an annual cash bonus at a target level of 100% of his base salary and a maximum level of 150% of his base salary based upon the achievement of certain performance goals. The annual performance bonus and long-term incentive equity award components of Mr. Shoshani’s compensation will be determined by reference to certain Company and/or individual performance goals as determined by the Compensation Committee. The CEO Amendment also includes certain provisions related to Israeli law. CAO Employment Agreement Amendment On May 19, 2026, Vishay Advanced Technologies entered into an amendment (the “CAO Amendment”) to the Employment Agreement, dated March 15, 2020, by and between Vishay Advanced Technologies and Amir Tal, the Company’s Executive Vice President and Chief Accounting Officer, as amended (the “CAO Employment Agreement”). Pursuant to the CAO Amendment, beginning with fiscal year 2026, Mr. Tal is entitled to an annual equity award under the Plan having a value of approximately 100% of his base salary (or a higher percentage as determined by the Compensation Committee). The annual performance bonus and long-term incentive equity award components of Mr. Tal’s compensation will be determined by reference to certain Company and/or individual performance goals as determined by the Compensation Committee. The CAO Amendment also includes certain provisions related to Israeli law. CBPO Employment Agreement On May 19, 2026, Vishay Advanced Technologies entered into an Employment Agreement with Yair Alcobi, the Company’s Executive Vice President and Chief Business and Product Officer (the “CBPO Agreement”). Pursuant to the CBPO Agreement, Mr. Alcobi is entitled to (i) a base salary of 1,372,800 New Israeli Shekels per year (subject to annual review by the Compensation Committee), (ii) an annual equity award having a value of approximately 100% of his base salary (or a higher percentage as determined by the Compensation Committee) and (iii) an annual cash bonus at a target level of 65% of his base salary and a maximum level of 105% of his base salary (or a higher percentage as determined by the Compensation Committee). The annual performance bonus and long-term incentive equity award components of Mr. Alcobi’s compensation will be determined by reference to certain Company and/or individual performance goals as determined by the Compensation Committee. Fifty percent of the annual long-term incentive equity award will be in the form of RSUs subject to time-based vesting conditions and fifty percent will be in the form of PBRSUs. If Vishay Advanced Technologies terminates Mr. Alcobi’s employment without “cause,” or if Mr. Alcobi resigns with “good reason” (as such terms are defined in the CBPO Agreement), he is entitled to a severance package consisting of (i) 18 months of base salary continuation, (ii) vesting of all RSUs subject to time-based vesting, (iii) vesting of all PBRSUs on their normal vesting date to the extent the applicable performance criteria are satisfied, (iv) payment of any earned but unpaid bonus for the immediately preceding calendar year and (v) a pro-rata annual performance bonus for the year of termination. In addition, the CBPO Agreement contains customary provisions regarding confidentiality and customary non-competition and non-solicitation covenants that remain in effect for 12 months following termination of employment. COO Employment Agreement On May 19, 2026, Vishay Advanced Technologies entered into an Employment Agreement with Rafi Ouzan, the Company’s Executive Vice President and Chief Operating Officer (the “COO Agreement”). Pursuant to the COO Agreement, Mr. Ouzan is entitled to (i) a base salary of 1,150,763 New Israeli Shekels per year (subject to annual review by the Compensation Committee), (ii) an annual equity award having a value of approximately 100% of his base salary (or a higher percentage as determined by the Compensation Committee) and (iii) an annual cash bonus at a target level of 65% of his base salary and a maximum level of 105% of his base salary (or a higher percentage as determined by the Compensation Committee). The annual performance bonus and long-term incentive equity award components of Mr. Ouzan’s compensation will be determined by reference to certain Company and/or individual performance goals as determined by the Compensation Committee. Fifty percent of the annual long-term incentive equity award will be in the form of RSUs subject to time-based vesting conditions and fifty percent will be in the form of PBRSUs. If Vishay Advanced Technologies terminates Mr. Ouzan’s employment without “cause,” or if Mr. Ouzan resigns with “good reason” (as such terms are defined in the COO Agreement), he is entitled to a severance package consisting of (i) 18 months of base salary continuation, (ii) vesting of all RSUs subject to time-based vesting, (iii) vesting of all PBRSUs on their normal vesting date to the extent the applicable performance criteria are satisfied, (iv) payment of any earned but unpaid bonus for the immediately preceding calendar year and (v) a pro-rata annual performance bonus for the year of termination. In addition, the COO Agreement contains customary provisions regarding confidentiality and customary non-competition and non-solicitation covenants that remain in effect for 12 months following termination of employment. The foregoing summary is qualified in its entirety by reference to the Transition Agreement, amendments and employment agreements between the Company or Vishay Advanced Technologies, as applicable, and the applicable executive, which are filed as Exhibit 10.1, Exhibit 10.2, Exhibit 10.3, Exhibit 10.4 and Exhibit 10.5, respectively, to this Current Report on Form 8-K.
Item 5.07Item 5.07 - Submission of Matters to Vote
Item 5.07 Submission of Matters to a Vote of Security Holders On May 19, 2026, the Company held its 2026 Annual Meeting of Stockholders (the “Annual Meeting”). A total of 12,274,522 shares of the Company’s common stock and 1,022,887 shares of the Company’s Class B common stock were entitled to vote as of March 23, 2026, the record date for the Annual Meeting, of which 11,699,192 were present in person or by proxy at the Annual Meeting (representing 20,762,696 total votes). Each share of common stock is entitled to one vote, and each share of Class B common stock is entitled to ten votes. The following is a summary of the final voting results for each matter presented to stockholders. Proposal 1: Election of Directors The Company’s stockholders voted to elect Kobi Altman, Sejal Shah Gulati, Erez Lorber, Saul Reibstein, Ziv Shoshani and Nava Swersky Sofer to serve as directors of the Company for a one-year term expiring on the date of the Company’s 2027 Annual Meeting of Stockholders. The number of votes cast in the election of directors was as follows: For Withheld Broker Non-Votes ───────────────────────────────────────────────────────────────────────────── Kobi Altman Common stock 9,491,228 46,126 1,154,782 Class B common stock 10,070,560 0 - Total Voting Power 19,561,788 46,126 1,154,782 Sejal Shah Gulati - Common stock 5,585,522 3,951,832 1,154,782 Class B common stock 10,070,560 0 - Total Voting Power 15,656,082 3,951,832 1,154,782 Erez Lorber Common stock 9,477,071 60,283 1,154,782 Class B common stock 10,070,560 0 - Total Voting Power 19,547,631 60,283 1,154,782 Saul Reibstein Common stock 8,851,369 685,985 1,154,782 Class B common stock 10,070,560 0 - Total Voting Power 18,921,929 685,985 1,154,782 Ziv Shoshani Common stock 9,491,253 46,101 1,154,782 Class B common stock 10,070,560 0 - Total Voting Power 19,561,813 46,101 1,154,782 Nava Swersky Sofer Common stock 6,178,067 3,359,287 1,154,782 Class B common stock 10,070,560 0 - Total Voting Power 16,248,627 3,359,287 1,154,782 Proposal 2: Ratification of Selection of Independent Registered Public Accounting Firm The Company's stockholders ratified the appointment of Brightman Almagor Zohar & Co., a firm in the Deloitte global network, as the Company's independent registered public accounting firm for the year ending December 31, 2026. The number of votes cast in the ratification of the appointment of Brightman Almagor Zohar & Co., a firm in the Deloitte global network, was as follows: For Against Withheld Broker Non-Votes ───────────────────────────────────────────────────────────────────────────────────────── Common stock 10,680,390 8,343 3,403 Class B common stock 10,070,560 0 0 Total Voting Power 20,750,950 8,343 3,403 Proposal 3: Advisory, Non-binding Vote Related to Executive Compensation The Company’s stockholders, on an advisory basis, voted to approve the non-binding resolution relating to executive compensation, as follows: For Against Withheld Broker Non-Votes ───────────────────────────────────────────────────────────────────────────────────────── Common stock 9,393,634 139,403 4,317 1,154,782 Class B common stock 10,070,560 0 0 - Total Voting Power 19,464,194 139,403 4,317 1,154,782

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