Sensata Technologies Reports Board and Executive Changes
Ticker: ST · Form: 8-K · Filed: Jun 14, 2024 · CIK: 1477294
| Field | Detail |
|---|---|
| Company | Sensata Technologies Holding PLC (ST) |
| Form Type | 8-K |
| Filed Date | Jun 14, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-changes
TL;DR
Sensata board shake-up and exec comp changes filed.
AI Summary
Sensata Technologies Holding plc announced on June 10, 2024, changes in its board of directors and executive compensation. Specifically, the company reported the departure of certain officers and the election of new directors. The filing also covers compensatory arrangements for certain officers and matters submitted to a vote of security holders.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance and executive compensation matters, which typically carry low immediate risk.
Key Players & Entities
- Sensata Technologies Holding plc (company) — Registrant
- June 10, 2024 (date) — Date of earliest event reported
FAQ
Who are the departing officers of Sensata Technologies Holding plc?
The filing indicates the departure of certain officers but does not specify their names in the provided text.
When did the reported changes take effect?
The earliest event reported is dated June 10, 2024.
What specific compensatory arrangements are detailed for officers?
The filing mentions compensatory arrangements of certain officers but does not provide specific details in the provided text.
Were any matters submitted to a vote of security holders?
Yes, the filing indicates that matters were submitted to a vote of security holders.
What is the SIC code for Sensata Technologies Holding plc?
The Standard Industrial Classification (SIC) code for Sensata Technologies Holding plc is 3823, which pertains to Industrial Instruments for Measurement, Display, and Control.
Filing Stats: 1,098 words · 4 min read · ~4 pages · Grade level 10.3 · Accepted 2024-06-14 08:01:13
Filing Documents
- st-20240610.htm (8-K) — 84KB
- 0001477294-24-000131.txt ( ) — 238KB
- st-20240610.xsd (EX-101.SCH) — 2KB
- st-20240610_def.xml (EX-101.DEF) — 15KB
- st-20240610_lab.xml (EX-101.LAB) — 26KB
- st-20240610_pre.xml (EX-101.PRE) — 15KB
- st-20240610_htm.xml (XML) — 3KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 10, 2024, Jennifer L. Slater, Executive Vice President, Performance Sensing, Vehicles Business Unit of Sensata Technologies Holding plc (the "Company"), informed the Company of her decision to resign as an executive officer of the Company to pursue other opportunities. Ms. Slater will remain with the Company until June 28, 2024 (the "Departure Date") to help with the transition of her responsibilities. Ms. Slater's decision to resign from the Company was not the result of any disagreement relating to the Company's operations, policies or practices.
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. The Annual General Meeting of Shareholders (the "General Meeting") of Sensata Technologies Holding plc (the "Company") was held on June 11, 2024. A total of 129,653,185 ordinary shares, or 86.01% of the total shares entitled to vote, were represented at the General Meeting in person or by proxy. Set forth below are the matters the shareholders voted on and the final voting results. The proposals below are described in detail in the Proxy Statement for the General Meeting previously filed with the Securities and Exchange Commission. 1. Ordinary resolution to approve the election of Directors: Nominee Votes For Votes Against Abstentions Broker Non-Votes Andrew C. Teich 118,917,189 4,343,831 47,906 6,344,259 John P. Absmeier 122,548,417 712,577 47,932 6,344,259 Daniel L. Black 121,998,193 1,262,862 47,871 6,344,259 Lorraine A. Bolsinger 121,561,084 1,700,155 47,687 6,344,259 John Mirshekari 122,550,331 711,347 47,268 6,344,259 Constance E. Skidmore 121,761,267 1,500,022 47,637 6,344,259 Steven A. Sonnenberg 122,507,597 753,372 47,957 6,344,259 Martha N. Sullivan 121,657,748 691,788 959,390 6,344,259 Jugal Vijayvargiya 122,032,272 1,228,186 48,468 6,344,259 Stephen M. Zide 122,330,964 929,559 48,403 6,344,259 Each of the nominees was elected for a term of one year. 2. Ordinary advisory resolution to approve the compensation of our named executive officers: Votes For Votes Against Abstentions Broker Non-Votes 119,178,275 3,913,006 217,645 6,344,259 This resolution was approved. 3. Ordinary resolution to ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for fiscal year 2024: Votes For Votes Against Abstentions Broker Non-Votes 129,521,136 88,175 43,874 — This resolution was approved. 4. Ordinary advisory resolution to approve the Director Compensation Report: Votes For Votes Against Abstentions Broker Non-Votes
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SENSATA TECHNOLOGIES HOLDING PLC /s/ David K. Stott Date: June 14, 2024 Name: David K. Stott Title: Senior Vice President, General Counsel and Corporate Secretary 4