Vishay Precision Group, Inc. Files Definitive Proxy Statement

TL;DR

<b>Vishay Precision Group, Inc. has filed its Definitive Proxy Statement for the period ending March 25, 2024.</b>

AI Summary

Vishay Precision Group, Inc. (VPG) filed a Proxy Statement (DEF 14A) with the SEC on April 9, 2024. Vishay Precision Group, Inc. filed a Definitive Proxy Statement (DEF 14A) on April 9, 2024. The filing covers the period ending March 25, 2024. The company's principal executive offices are located at 3 Great Valley Parkway, Suite 150, Malvern, PA 19355. The filing is made pursuant to Section 14(a) of the Securities Exchange Act of 1934. No filing fee was required for this statement, as indicated by the 'No fee required' checkbox.

Why It Matters

For investors and stakeholders tracking Vishay Precision Group, Inc., this filing contains several important signals. This DEF 14A filing is a standard regulatory requirement for public companies to provide shareholders with information regarding upcoming meetings, director nominations, executive compensation, and other corporate governance matters. Shareholders will use this document to make informed decisions when voting on proposals at the company's annual meeting, including the election of directors and approval of executive compensation plans.

Risk Assessment

Risk Level: low — Vishay Precision Group, Inc. shows low risk based on this filing. The filing is a routine DEF 14A, indicating standard corporate governance procedures rather than significant new events or financial distress.

Analyst Insight

Review the proxy statement for details on executive compensation, director nominees, and any shareholder proposals to understand potential impacts on corporate governance and shareholder value.

Key Numbers

• 2024-04-09 — Filing Date (Date the Definitive Proxy Statement was filed.)
• 2024-03-25 — Period of Report (The period the proxy statement's information pertains to.)
• 1934 — SEC Act (The Securities Exchange Act of 1934.)

Key Players & Entities

• Vishay Precision Group, Inc. (company) — Registrant and filer of the proxy statement.
• Securities Exchange Act of 1934 (regulator) — The act under which the filing is made.
• Malvern, PA (location) — Location of the company's principal executive offices.
• 3 Great Valley Parkway, Suite 150 (location) — Street address of the company's principal executive offices.

FAQ

Industry Context

Vishay Precision Group, Inc. operates in the electronic components and accessories industry, as indicated by its SIC code 3670.

Regulatory Implications

The filing is made under Rule 14a-101 of the Securities Exchange Act of 1934, which governs the content of proxy statements.

What Investors Should Do

1. Review the proxy statement for details on director nominations and qualifications.
2. Analyze executive compensation packages and any proposed changes.
3. Examine any shareholder proposals and the company's recommended voting action.

Key Dates

• 2024-04-09: Filing of Definitive Proxy Statement — Provides shareholders with information for upcoming decisions.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a standard disclosure document. No specific comparative data from a previous filing was immediately apparent in the provided text.

Key Financial Figures

• $10,000 — otal of which is not expected to exceed $10,000. 4 Are there any stockholders who o

Filing Documents

• vpg-20240408.htm (DEF 14A) — 883KB
• vpg-20240408_g1.jpg (GRAPHIC) — 133KB
• vpg-20240408_g2.jpg (GRAPHIC) — 106KB
• vpg-20240408_g3.jpg (GRAPHIC) — 110KB
• vpg-20240408_g4.jpg (GRAPHIC) — 11KB
• 0001487952-24-000019.txt (&nbsp;) — 2377KB
• vpg-20240408.xsd (EX-101.SCH) — 4KB
• vpg-20240408_def.xml (EX-101.DEF) — 6KB
• vpg-20240408_lab.xml (EX-101.LAB) — 8KB
• vpg-20240408_pre.xml (EX-101.PRE) — 5KB
• vpg-20240408_htm.xml (XML) — 96KB

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 19 Company Management 22

Executive Compensation

Executive Compensation 24 Report of the Compensation Committee 31 Compensation Tables 32 Certain Relationships and Related Transactions 46 Proposal Three – Advisory Vote on Executive Compensation 47 Other Matters 52 Availability of Annual Report and Form 10-K to Stockholders 52 Stockholder Proposals and Nominations for 202 4 Annual Meeting 52 VISHAY PRECISION GROUP, INC. 3 GREAT VALLEY PARKWAY SUITE 150 MALVERN, PENNSYLVANIA 19355 ________________ PROXY STATEMENT ________________ The accompanying proxy is solicited by the Board of Directors of Vishay Precision Group, Inc. for use at the 2024 Annual Meeting of Stockholders to be held on Wednesday, May 22, 2024 at 9:00 a.m., local time. The meeting will be held in a virtual format via the Internet. ABOUT THE MEETING Why are we holding the 2024 Annual Meeting? As a matter of good corporate practice, and in compliance with applicable corporate law and the rules of the New York Stock Exchange ("NYSE"), we hold a meeting of stockholders annually. This year's meeting will be held on May 22, 2024. There will be at least three items of business that must be voted on by our stockholders at the meeting, and our Board of Directors (the "Board") is seeking your proxy to vote on these items. This proxy statement contains important information about Vishay Precision Group, Inc. and the matters that will be voted on at the meeting. Please read these materials carefully so that you have the information you need to make informed decisions. Throughout this proxy statement, we will refer to ourselves as "Vishay Precision Group, Inc.," "VPG," "we," "our," or the "Company." Why did I receive a notice in the mail regarding the Internet availability of proxy materials instead of a full set of proxy materials? In accordance with rules adopted by the Securities and Exchange Commission ("SEC"), we may furnish proxy materials, including this proxy statement and our 2023 Annual Report to Stockholders, to our

View Full Filing

View this DEF 14A filing on SEC EDGAR