Ttec Hldgs Inc SEC Filings

TTEC Holdings, Inc. has issued its proxy statement for the 2026 virtual annual meeting, asking stockholders to vote on four key proposals, including a redomestication from Delaware to Texas. Stockholders of record on March 31, 2026, when 48,611,167 shares were outstanding, may vote.

The Board recommends electing seven directors, ratifying PricewaterhouseCoopers LLP as independent auditor for 2026, and approving an advisory Say‑on‑Pay vote for named executive officers. The company also seeks approval to convert into a Texas corporation, aligning its legal home with its Austin headquarters and leveraging recent Texas corporate law changes.

TTEC reports 2025 revenue of $2,137 million, with about 22% from its TTEC Digital segment and 78% from TTEC Engage. The proxy highlights governance structures, risk oversight (including cybersecurity and AI), and an independent board framework despite TTEC’s controlled‑company status, with CEO and founder Kenneth D. Tuchman holding 57.3% of the voting power.

TTEC Holdings solicits votes for its 2026 virtual Annual Meeting on May 21, 2026. The Board asks shareholders to elect seven directors, ratify PricewaterhouseCoopers as auditor, approve advisory executive compensation, and approve redomestication from Delaware to Texas by conversion. The record date was March 31, 2026, with 48,610,513 shares outstanding.

The proxy reviews 2025 operating highlights: revenue of $2,137 million (TTEC Digital $469 million, TTEC Engage $1,668 million), ~51,000 global employees, and recent principal office move to Austin. The Board and Nom/Gov committee recommend the Texas redomestication citing operational alignment, potential litigation and tax considerations, and proposed charter/bylaw provisions.

TTEC Holdings, Inc. announced a leadership change at its TTEC Digital segment. David J. Seybold, Chief Executive Officer of TTEC Digital, will depart effective April 30, 2026 to pursue other opportunities. He will remain with the company through that date to support a smooth transition.

The company appointed Christopher J. Brown as President of TTEC Digital effective immediately. Brown has more than 20 years of experience in digital transformation and capital markets and has held senior roles at TTEC since 2015, including chief of staff to the Chairman and CEO and head of Corporate Development.

In connection with his new role, Brown’s expected executive employment terms include a $500,000 base salary, annual variable cash incentive eligibility of up to $450,000, and annual long-term incentive eligibility of up to $425,000, with actual awards discretionary and tied to company, segment, and individual performance.

TTEC Holdings director Marc Holtzman reported open-market purchases of the company’s common stock. On March 9, 2026, he bought 50,000 shares at an average price of $2.4892 per share. On March 5, 2026, he bought an additional 23,056 shares at an average price of $2.6785 per share.

After these transactions, Holtzman directly owned 241,770 common shares. The filing also lists small indirect holdings attributed to a minor child and his spouse, reflecting family-related ownership separate from his direct holdings.

TTEC Holdings, Inc. director Marc Holtzman reported two open-market purchases of common stock, buying a total of 100,000 shares. He acquired 50,000 shares on March 2, 2026 at an average price of $2.3134 per share and 50,000 shares on March 4, 2026 at an average price of $2.3674 per share.

Following these transactions, his direct ownership increased to 168,714 common shares. He also reports indirect holdings for minor children and a spouse. The reported prices are averages of multiple trades executed within specified intraday price ranges.

TTEC Holdings chief financial officer Kenneth R. Wagers III reported the vesting of 57,679 Restricted Stock Units (RSUs) on March 1, 2026, which were granted as part of a larger award of 288,392 time-based RSUs made on March 1, 2024 and scheduled to vest in five equal annual installments of 20% beginning March 1, 2025. The vesting converted into an equal number of common shares, increasing his directly held common stock before related tax withholding. To cover tax obligations from this vesting, 14,045 common shares were withheld at $2.50 per share, and a footnote clarifies that no shares were sold in the market. After these transactions, he directly owned 118,296 shares of common stock and 173,035 RSUs, reflecting continued equity-based compensation alignment.

TTEC Holdings, Inc. reported fourth quarter and full year 2025 results and issued a 2026 outlook. Q4 2025 revenue was $570.0 million, up 0.4%, with a GAAP net loss of $170.5 million driven by a $205.4 million non-cash goodwill impairment; non-GAAP net income was $22.8 million and adjusted EBITDA was $62.2 million or 10.9% of revenue. For full year 2025, revenue was $2.137 billion, down 3.2%, with a GAAP net loss of $185.1 million and non-GAAP net income of $52.8 million; adjusted EBITDA was $213.7 million or 10.0% of revenue and free cash flow reached $83.0 million as borrowings on the line of credit declined to $905 million. For 2026, TTEC guides revenue to $2.005–$2.055 billion, non-GAAP adjusted EBITDA of $220–$240 million, and non-GAAP EPS of $1.06–$1.32, implying modest revenue pressure but further margin expansion.

TTEC Holdings, Inc. files its annual report describing a global, AI-enabled customer experience business with 2025 revenue of $2,137 million, including $469 million from TTEC Digital and $1,668 million from TTEC Engage.

The company served over 720 clients across multiple industries through roughly 51,000 employees in 22 countries, using both on-site and remote delivery. It highlights heavy regulation, expanding AI use, and significant cybersecurity and data-privacy responsibilities.

TTEC reports borrowings of $905.0 million under a credit facility of up to $1.05 billion and is working with a financial advisor on refinancing alternatives. It also records a 2025 non-cash goodwill impairment of $205.4 million related to TTEC Digital, following a $233.5 million impairment in 2024 at TTEC Engage, and outlines extensive strategic, operational, AI-related, and regulatory risks.

Federated Hermes, Inc. has filed a Schedule 13G reporting beneficial ownership of 2,541,863 shares of TTEC Holdings, Inc. common stock, representing 5.24% of the class as of the event date 12/31/2025. Federated Hermes and related reporting persons, including the Voting Shares Irrevocable Trust, Thomas R. Donahue, Ann C. Donahue, and J. Christopher Donahue, report sole or shared voting and dispositive power over these shares. They state that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of TTEC. The reporting persons also expressly disclaim beneficial ownership of securities held by managed funds.

Federated Hermes, Inc. has filed a Schedule 13G reporting beneficial ownership of 2,541,863 shares of TTEC Holdings, Inc. common stock, representing 5.24% of the class as of the event date 12/31/2025. Federated Hermes and related reporting persons, including the Voting Shares Irrevocable Trust, Thomas R. Donahue, Ann C. Donahue, and J. Christopher Donahue, report sole or shared voting and dispositive power over these shares. They state that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of TTEC. The reporting persons also expressly disclaim beneficial ownership of securities held by managed funds.