Teledyne Technologies held its 2026 Annual Meeting where stockholders approved director elections, auditor ratification, executive compensation, a restated certificate enabling 25% stockholder-called special meetings, and an amended incentive plan adding 4M shares.
Key takeaways
Stephen F. Blackwood base salary increased to $660,000 effective April 1, 2026, with 95% stock option eligibility.
Jason VanWees and Melanie S. Cibik base salaries raised to $613,000 and $603,000 effective April 1, 2026.
Stockholders approved Amended 2014 Incentive Plan increasing shares by 4M, extending term to 2036, and raising non-employee director pay limit to $1M.
Restated Certificate approved, granting 25% voting power stockholders right to call special meetings per Bylaws.
Class III directors Michelle A. Kumbier and Robert A. Malone elected; all major proposals passed with strong support.
Non-employee director compensation re-approved: $210K annual RSU grant, $110K retainer plus role premiums.