AI English summary of an SEC filing — figures as filed

Teledyne said it entered into a Ninth Amended and Restated Employment Agreement with Dr. Robert Mehrabian on December 16, 2025. He continues to serve as Executive Chairman, with the agreement term running through December 31, 2028.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Dec 18, 2025Period of report Dec 16, 2025Summary published (UTC) Oct 12, 2026

Key points

AI summary

Teledyne said it entered into a Ninth Amended and Restated Employment Agreement with Dr. Robert Mehrabian on December 16, 2025. He continues to serve as Executive Chairman, with the agreement term running through December 31, 2028.
The company said Dr. Mehrabian's base salary is $1,300,000 effective January 1, 2026, with an AIP target of 150% of base salary. Starting in 2026, his Performance Plan target is 110% of base salary. Teledyne also said it will grant a one-time special retention performance-based restricted stock award of $3.3 million in 2026.
The Personnel and Compensation Committee approved an annual base salary of $1,000,000 for President and Chief Executive Officer George C. Bobb III effective January 1, 2026, the company said. Starting in 2026, his AIP target is 130% of base salary and his Performance Plan target is 140% of base salary.
Teledyne said the Board approved a Sixth Amended and Restated Bylaws permitting stockholders holding in the aggregate at least 25% of the combined voting power of all outstanding voting securities to call a special meeting of stockholders. The Restated Bylaws become effective upon stockholder approval of a Charter Amendment at the 2026 annual meeting of stockholders; the company's current Bylaws remain in effect until then.

Summary

AI-written

Analysis scope · Filing body only (exhibits excluded)We analyzed the filing body only. The exhibits exceeded the length limit and were excluded, so figures, financial statements and presentation materials in them were not reviewed.

Mehrabian Employment Agreement Amendment and Term

Teledyne said it entered into a Ninth Amended and Restated Employment Agreement with Dr. Robert Mehrabian on December 16, 2025. He continues to serve as Executive Chairman, with the agreement term running through December 31, 2028.

Source · Based on the filing body (exhibits excluded)

Mehrabian Base Salary and Performance Compensation

The company said Dr. Mehrabian's base salary is $1,300,000 effective January 1, 2026, with an AIP target of 150% of base salary. Starting in 2026, his Performance Plan target is 110% of base salary. Teledyne also said it will grant a one-time special retention performance-based restricted stock award of $3.3 million in 2026.

Source · Based on the filing body (exhibits excluded)

Bobb Compensation Changes

The Personnel and Compensation Committee approved an annual base salary of $1,000,000 for President and Chief Executive Officer George C. Bobb III effective January 1, 2026, the company said. Starting in 2026, his AIP target is 130% of base salary and his Performance Plan target is 140% of base salary.

Source · Based on the filing body (exhibits excluded)

Restated Bylaws and Special Meeting Calling Requirements

Teledyne said the Board approved a Sixth Amended and Restated Bylaws permitting stockholders holding in the aggregate at least 25% of the combined voting power of all outstanding voting securities to call a special meeting of stockholders. The Restated Bylaws become effective upon stockholder approval of a Charter Amendment at the 2026 annual meeting of stockholders; the company's current Bylaws remain in effect until then.

Source · Based on the filing body (exhibits excluded)

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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