Every 8-K that Teledyne Technologies Incorporated (TDY) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow TDY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TDY filings page.
Teledyne Technologies Incorporated amended its prior report to add compensation terms for Vice Chairman Jason VanWees’s planned retirement. VanWees is to retire February 1, 2027, then serve as strategic advisor to the Executive Chairman through May 3, 2027; he will receive his regular base salary during that period and is entitled to take any remaining accrued vacation. The agreement provides a $170,000 lump-sum payment, less standard deductions and withholding, within 30 days following May 3, 2027. He will provide reasonable cooperation through December 31, 2027.
Teledyne Technologies Incorporated announced that Vice Chairman Jason VanWees will retire from his current position effective February 1, 2027, when he will be 55. Mary Grace DeForest, currently Senior Vice President and General Manager of Teledyne Microwave, has been appointed Corporate Vice President of Investor Relations and Mergers and Acquisitions, effective November 1, 2026.
Teledyne said VanWees led the identification and acquisition of 75 complementary businesses for cumulative consideration of $12.8 billion. DeForest's current group has 880 employees and annual revenue of $320 million. Executive Chairman Robert Mehrabian said the transition dates overlap to ensure continuity. Teledyne also reported compound annual shareholder return greater than 17% for nearly 27 years as an independent company; over that period, sales grew approximately 8x and market capitalization over 100x.
Teledyne Technologies Incorporated announced that it has entered into a definitive Merger Agreement to acquire Varex Imaging Corporation in an all-cash transaction. Teledyne will acquire all outstanding Varex common shares for $18.90 per share in cash, implying an aggregate transaction value of approximately $1.1 billion, including Varex’s equity awards and net debt as of April 3, 2026. The boards of directors of both companies unanimously approved the deal.
Varex develops X-ray tubes, digital X-ray detectors (including advanced photon counting detectors), and related components for medical imaging, non-destructive inspection, security, and industrial applications. Teledyne highlights the complementarity of Varex’s X-ray sources and detectors with its existing digital imaging and vacuum electronics businesses. The transaction is anticipated to close in early 2027, subject to customary closing conditions, including required regulatory approvals and approval of Varex stockholders. Varex plans to file a proxy statement with the SEC for a special stockholder meeting to adopt the Merger Agreement.
Teledyne Technologies reported record second quarter 2026 orders, sales and operating profit. Net sales were $1,662.5 million, up 9.8% from a year earlier, with GAAP diluted EPS of $5.37 and non-GAAP diluted EPS of $6.28, an increase of 20.8%.
Non-GAAP operating margin improved to 23.4% from 22.2%, led by strong growth in the Digital Imaging segment, where sales rose 12.7% and non-GAAP operating income 31.2%. Management reported a funded backlog of approximately $5.0 billion, with growth across all segments.
Cash from operations reached $315.2 million and free cash flow $284.7 million. The company repaid $450.0 million of debt, reducing net debt to $1,686.9 million and ending the quarter with a consolidated leverage ratio of 1.1x. Teledyne raised full-year 2026 GAAP EPS guidance to $20.73–$20.99 and non-GAAP EPS guidance to $24.45–$24.65.
Teledyne Technologies reported board and stockholder actions from its 2026 annual meeting and related meetings. The Personnel and Compensation Committee raised executive base salaries effective April 1, 2026, including increasing CFO Stephen Blackwood’s salary from $640,000 to $660,000 and Vice Chairman Jason VanWees’ from $595,000 to $613,000. Executive Vice President and General Counsel Melanie Cibik’s salary rose from $585,000 to $603,000. Starting in 2026, Blackwood and Cibik will be eligible for annual stock option grants valued at 95% and 90% of base salary, respectively.
Stockholders approved an Amended and Restated 2014 Incentive Award Plan and an amendment to the Restated Certificate of Incorporation granting holders of at least 25% of voting power the right to call special meetings, with detailed procedures set in amended bylaws. All director nominees were elected, Deloitte & Touche LLP was ratified as auditor, and the advisory vote on executive compensation passed.
Teledyne Technologies reported strong first quarter 2026 results with record sales and profitability. Net sales were $1,560.1 million, up 7.6% from $1,449.9 million a year earlier, driven by growth in Digital Imaging, Instrumentation and Aerospace and Defense Electronics.
GAAP diluted earnings per share rose to $4.85 from $3.99, while non-GAAP diluted EPS increased to $5.80 from $4.95, a 17.2% gain. GAAP operating margin improved to 18.9% and non-GAAP operating margin to 22.6%, reflecting higher sales and disciplined costs.
Cash from operations was $234.0 million and free cash flow $204.3 million. Management raised its full-year 2026 EPS outlook, guiding GAAP diluted EPS to $20.08–$20.44 and non-GAAP diluted EPS to $23.85–$24.15, and highlighted a quarter-end consolidated leverage ratio of 1.3x.
Teledyne Technologies Incorporated has amended its main credit agreement to change how interest on its borrowings is calculated. On February 25, 2026, the company and its lenders signed a First Amendment to the Second Amended and Restated Credit Agreement with Bank of America as administrative agent.
The amendment removes the Secured Overnight Financing Rate (SOFR) adjustment feature from the agreement and deletes all related references. The prior SOFR adjustment was 0.10% (ten basis points), so eliminating it simplifies the company’s floating-rate interest formula under this syndicated credit facility.
Teledyne Technologies reported several board and executive compensation updates. Director Kenneth C. Dahlberg plans to retire at the end of his term at the 2026 annual meeting, after which the board size will be set at 10 directors and the number of Class III directors will be reduced from three to two.
The compensation committee approved 2025 cash bonuses under the Annual Incentive Plan for senior leaders, including $922,100 for President and CEO George C. Bobb III and $1,611,100 for Executive Chairman Robert Mehrabian. It also approved cash awards under the 2023–2025 Performance Plan after determining performance reached 50.9% of target, and confirmed that 69% of 2023 performance-based restricted stock will vest based on relative stock performance versus the S&P 500 Index.
For 2026, the committee set new incentive structures, with target bonuses up to 150% of base salary for certain executives and new performance-based restricted stock and cash performance plan cycles tied to operating profit, revenue, and total shareholder return against the S&P 500. It also approved a one-time special performance-based restricted stock unit grant of $3.3 million for Dr. Mehrabian.
Teledyne Technologies Incorporated filed a current report to let investors know it has released its latest financial results. On January 21, 2026, the company issued a press release covering its fourth quarter and full fiscal year 2025 performance. The report itself does not present the detailed numbers, but points readers to the press release, which is attached as Exhibit 99.1 and incorporated by reference. The filing is presented under the results of operations and financial condition item, signaling it relates specifically to recent earnings and overall financial health for the year.
Teledyne Technologies Incorporated reported that director Denise R. Singleton informed the Board on December 30, 2025 of her decision to retire from the Board, effective January 1, 2026, due to potential meeting conflicts. Her departure is described as a retirement rather than the result of a dispute.
With Ms. Singleton’s retirement, the Board of Directors set its size at 11 members effective January 1, 2026, and reduced the number of Class 1 directors from four to three. The filing focuses solely on this governance change and does not discuss financial results or major strategic transactions.
Teledyne Technologies Incorporated updated long-term compensation for its executive chairman and CEO and proposed enhanced shareholder meeting rights. Dr. Robert Mehrabian entered into a Ninth Amended and Restated Employment Agreement running through December 31, 2028, with a base salary of $1,300,000 from January 1, 2026, a 150% of salary target under the Annual Incentive Plan, and a 110% of salary target under a performance plan. Starting in 2026, he is slated for performance-based restricted stock grants of at least 110% of salary and a one-time $3.3 million retention performance-based restricted stock award, plus stock options with grant-date fair value equal to 110% of salary.
For President and CEO George C. Bobb III, annual base salary will be $1,000,000 from January 1, 2026, with targets of 130% of salary under the Annual Incentive Plan and 140% under a performance plan, along with performance-based restricted stock and stock options each sized at 140% of salary. The board also approved revised bylaws to permit stockholders holding at least 25% of the combined voting power to call a special meeting, subject to approval of a related charter amendment at the 2026 annual meeting, after which the new bylaws would replace the current ones.
Teledyne Technologies (TDY) filed an 8-K noting it issued a press release with third quarter 2025 financial results (Exhibit 99.1).
The Board of Directors was fixed at 12 members effective October 21, 2025, with the appointments of Laura A. Black as a Class I Director and George C. Bobb III as a Class II Director, each serving until the 2027 Annual Meeting. Mr. Bobb has been President and Chief Executive Officer since April 28, 2025. Ms. Black will join the Audit Committee and the Nominating and Governance Committee. A press release announcing these appointments is included as Exhibit 99.2.
As a non‑employee director, Ms. Black is eligible for an annual cash retainer of $110,000, paid in two installments, and an automatic RSU grant each Annual Meeting equal to $210,000 divided by the fair market value per share. First‑time non‑employee directors appointed mid‑year receive a prorated retainer and an RSU grant equal to $105,000 divided by fair market value. RSUs vest on the earlier of one year after grant, separation from board service, or a change of control, with shares issued upon vesting unless deferred.