Sensata Technologies Holding plc filed SEC Form 8-K: Leadership Update
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Industrial Machinery/Components
Industrials
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 20, 2026
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| Item 5.02 | Compensatory Arrangements of Certain Officers. | ||||
On January 20, 2026, the Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of Sensata Technologies Holding plc (the “Company”) approved certain changes to the compensation arrangements of Stephan von Schuckmann, Chief Executive Officer, and Andrew Lynch, Executive Vice President and Chief Financial Officer. In connection with its annual review of executive compensation and after considering market data and Company performance, the Committee determined that these adjustments were appropriate to support retention and further align each executive’s compensation with the Company’s strategic objectives.
Effective July 1, 2026, Mr. von Schuckmann’s annual compensation will be modified as follows:
•Base Salary: Increased from $1,117,000 to $1,150,000.
•Annual Bonus Opportunity: His target annual bonus opportunity will increase from 125% to 135% of base salary, subject to the achievement of performance goals established by the Committee.
Additionally, the Board approved long-term incentive compensation for Mr. von Schuckmann with a grant-date value of $8,700,000, consisting of restricted stock units and performance-based restricted stock units. The long-term incentive award will be granted on April 1, 2026 (the “Grant Date”) pursuant to the Company’s 2021 Equity Incentive Plan and will vest in accordance with the vesting schedule and other terms established by the Committee on the Grant Date.
Effective April 1, 2026, Mr. Lynch’s base salary increased from $540,000 to $650,000. Additionally, the Board approved long-term incentive compensation for Mr. Lynch with a grant-date value of $1,500,000, consisting of restricted stock units and performance-based restricted stock units. The long-term incentive award will be granted on the Grant Date pursuant to the Company’s 2021 Equity Incentive Plan and will vest in accordance with the vesting schedule and other terms established by the Committee on the Grant Date.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SENSATA TECHNOLOGIES HOLDING PLC | |||||||||||||||||
| /s/ David Stott | |||||||||||||||||
| Date: | January 26, 2026 | Name: David Stott | |||||||||||||||
| Title: Executive Vice President, General Counsel | |||||||||||||||||
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