Teledyne Technologies Details Separation Terms for Retiring Vice Chairman Jason VanWees

Summary of Filing: Form 8-K/A (Item 5.02)

Teledyne Technologies Incorporated filed an amendment to its Form 8-K originally filed on September 28, 2026, to disclose finalized compensation arrangements regarding the retirement of Jason VanWees, Vice Chairman.

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Key Terms of the Separation Agreement

On September 25, 2026, Teledyne and Mr. VanWees executed a Separation, Cooperation and General Release Agreement (effective October 3, 2026, following a statutory seven-day revocation window):

1. Retirement & Transition Schedule:

   • February 1, 2027: Retires as Vice Chairman and resigns as an officer and director of Teledyne and all subsidiaries.
   • Advisory Period: February 1, 2027 through May 3, 2027 (the "Separation Date"). During this window, Mr. VanWees will serve as a strategic advisor to Executive Chairman Dr. Robert Mehrabian while receiving his regular base salary and utilizing accrued vacation.

2. Separation Consideration:

   • A lump-sum cash severance payment of $170,000 (less standard withholdings), payable within 30 days following the Separation Date.
   • Termination of his Amended and Restated Change in Control Agreement as of May 3, 2027.

3. Post-Employment Covenants:

   • Cooperation Period: From February 1, 2027 through December 31, 2027, Mr. VanWees will provide reasonable cooperation (capped at 20 hours per calendar quarter) regarding historical matters.
   • Non-Solicitation & Non-Disparagement: Covenants restricting employee solicitation and disparagement continue through December 31, 2027.
   • Confidentiality: Standard non-disclosure provisions including restrictions on participating in transactions or shareholder proposals involving Teledyne.

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Market & Trading Significance

• Impact: Low
• This amendment is a standard administrative update under Item 5.02(e) following an orderly, previously announced retirement transition. The cash consideration is immaterial relative to Teledyne's balance sheet, and no open-market equity transactions or immediate operational disruptions are involved.