Vishay Precision Group Announces Board and Executive Changes
Ticker: VPG · Form: 8-K · Filed: Dec 5, 2024 · CIK: 1487952
| Field | Detail |
|---|---|
| Company | Vishay Precision Group, Inc. (VPG) |
| Form Type | 8-K |
| Filed Date | Dec 5, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.10 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, compensation, governance
TL;DR
VPG board shakeup and exec comp changes filed. Watch for new strategy.
AI Summary
Vishay Precision Group, Inc. announced on December 4, 2024, changes in its board of directors and executive compensation. Specifically, the company reported the departure of certain officers and directors, the election of new directors, and adjustments to compensatory arrangements for its key executives. The filing also includes financial statements and exhibits.
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: medium — Changes in leadership and compensation can introduce uncertainty regarding future strategic direction and operational stability.
Key Players & Entities
- Vishay Precision Group, Inc. (company) — Registrant
- December 4, 2024 (date) — Date of Earliest Event Reported
FAQ
Who has departed from Vishay Precision Group's board or officer positions?
The filing indicates the departure of certain officers and directors, but specific names are not detailed in the provided text.
Were new directors elected to the board?
Yes, the filing states that new directors were elected.
What is the primary purpose of this 8-K filing?
The primary purpose is to report the departure of directors/officers, election of directors, and changes in compensatory arrangements, along with Regulation FD disclosures and financial statements.
What is Vishay Precision Group's principal executive office address?
The principal executive offices are located at 3 Great Valley Parkway, Suite 150, Malvern, PA 19355.
What is the Commission File Number for Vishay Precision Group?
The Commission File Number is 1-34679.
Filing Stats: 604 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-12-05 09:24:48
Key Financial Figures
- $0.10 — ange on which registered Common stock, $0.10 par value VPG New York Stock Exchange
Filing Documents
- vpg-20241204.htm (8-K) — 30KB
- vpgappointsnavasofertobo.htm (EX-99.1) — 3KB
- vpgappointsnavasofertobo001.jpg (GRAPHIC) — 175KB
- 0001487952-24-000063.txt ( ) — 397KB
- vpg-20241204.xsd (EX-101.SCH) — 2KB
- vpg-20241204_lab.xml (EX-101.LAB) — 21KB
- vpg-20241204_pre.xml (EX-101.PRE) — 12KB
- vpg-20241204_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On December 5, 2024, the Company issued a press release announcing the appointment of Mr. Sofer to the Board. A copy of such press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits Exhibit No. Description 99.1 Press release, dated December 5 , 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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. Vishay Precision Group, Inc. Date: December 5, 2024 By: /s/ William M. Clancy Name: William M. Clancy Title: Executive Vice President and Chief Financial Officer