Varex Imaging Corp. Announces Board and Executive Changes

TL;DR

Varex Imaging (VREX) board shakeup and exec comp changes filed. Watch for new strategy.

AI Summary

Varex Imaging Corporation announced on September 5, 2025, a change in its board of directors and executive compensation arrangements. The filing details the departure of certain officers and the election of new directors, alongside updates to compensatory plans for key executives.

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 Numbers

• 001-37860 — SEC File Number (Identifies the company's filing with the SEC.)
• 81-3434516 — EIN (Employer Identification Number for Varex Imaging Corp.)

Key Players & Entities

• Varex Imaging Corporation (company) — Registrant
• September 5, 2025 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• Salt Lake City, Utah (location) — Principal executive offices

FAQ

Key Financial Figures

• $100,000 — eriod, she will receive compensation of $100,000, plus continued health insurance covera

Filing Documents

• vrex-20250905.htm (8-K) — 26KB
• 0001681622-25-000090.txt ( ) — 138KB
• vrex-20250905.xsd (EX-101.SCH) — 2KB
• vrex-20250905_lab.xml (EX-101.LAB) — 21KB
• vrex-20250905_pre.xml (EX-101.PRE) — 12KB
• vrex-20250905_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 September 5, 2025, (the "Effective Date"), Varex Imaging Corporation (the "Company"), and Kimberley Honeysett, the Company's Senior Vice President, Chief Legal Officer, and Corporate Secretary ("CLO") entered into an agreement (the "Transition Agreement"), reflecting Ms. Honeysett's decision to transition out of her role as CLO of the Company. Pursuant to the Transition Agreement, Ms. Honeysett will continue as CLO until October 3, 2025 (the "Transition Period"). Thereafter, Ms. Honeysett will provide certain transition services to the Company as a non-executive employee or advisor until December 12, 2027 (the "Continued Service Period"). During the Continued Service Period, Ms. Honeysett will report to the Company's Chief Executive Officer (the "CEO") and perform services reasonably requested by the CEO. During the Transition Period, Ms. Honeysett will continue to be paid at her current salary and be eligible for all Company benefits for which she was eligible immediately preceding the Effective Date. During fiscal year 2026, Ms. Honeysett will continue to receive the annual salary she was receiving immediately preceding the Effective Date, be eligible to receive a bonus under the Company's management incentive plan and receive benefits as outlined in the Transition Agreement. Thereafter, and through the end of the Continued Service Period, she will receive compensation of $100,000, plus continued health insurance coverage and other benefits as outlined in the Transition Agreement. In accordance with the terms of the Company's equity plan and outstanding award agreements, as a continuing employee or advisor during the Continued Service Period, Ms. Honeysett will continue to vest in her outstanding equity awards. She will not be eligible to receive new equity grants. Ms. Honeysett will continue to be cov

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. VAREX IMAGING CORPORATION Dated: September 11, 2025 By: /s/ Sunny S. Sanyal Sunny S. Sanyal Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR