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8-K//Current report

Sensata Technologies Holding plc 8-K

Accession 0001477294-26-000002

$STCIK 0001477294operating

Filed

Jan 25, 7:00 PM ET

Accepted

Jan 26, 4:03 PM ET

Size

174.7 KB

Accession

0001477294-26-000002

Research Summary

AI-generated summary of this filing

Updated

Sensata Technologies Holding plc Adjusts CEO & CFO Compensation

What Happened

  • Sensata Technologies Holding plc announced on Form 8-K that its Compensation Committee approved changes to executive pay for CEO Stephan von Schuckmann and EVP & CFO Andrew Lynch. The Committee met on January 20, 2026; the filing is dated January 26, 2026.
  • Effective July 1, 2026, CEO Stephan von Schuckmann’s base salary will increase from $1,117,000 to $1,150,000 and his target annual bonus opportunity will rise from 125% to 135% of base salary. The Board also approved a long‑term incentive award for him with a grant‑date value of $8,700,000, to be granted April 1, 2026.
  • Effective April 1, 2026, CFO Andrew Lynch’s base salary will increase from $540,000 to $650,000. The Board approved a long‑term incentive award for him with a grant‑date value of $1,500,000, also to be granted April 1, 2026. Both LTIP awards will consist of restricted stock units and performance‑based restricted stock units under the Company’s 2021 Equity Incentive Plan and will vest per terms set on the grant date.

Key Details

  • Committee approval date: January 20, 2026; Form 8‑K filed January 26, 2026.
  • CEO base salary: $1,117,000 → $1,150,000 effective July 1, 2026; bonus target: 125% → 135% of base.
  • CEO long‑term incentive grant‑date value: $8,700,000 (RSUs + performance RSUs), grant date April 1, 2026.
  • CFO base salary: $540,000 → $650,000 effective April 1, 2026; LTIP grant‑date value: $1,500,000, grant date April 1, 2026.

Why It Matters

  • These changes increase guaranteed cash compensation and potential equity‑based payouts for Sensata’s top executives, signaling the Board’s intent to retain leadership and align pay with company performance.
  • For investors, the equity awards could lead to future dilution and will be recorded as compensation expense under standard accounting rules; the magnitude depends on final grant mix and vesting conditions set April 1, 2026.
  • The filing contains no changes to executive roles or departures—only compensation adjustments.