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- Departure Of Cfo (new) — CFO William Clancy is retiring effective December 31, 2026, creating a seven-month transition window for leadership succession.
VPG CFO Clancy retiring Dec 2026; CEO, senior execs receive enhanced equity compensation
Filed May 22, 2026 · Period ending May 18, 2026 · ~1 min read
Key Changes
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CFO William Clancy retiring effective Dec 31, 2026. Separation package includes base salary continuation through Jun 2028, COBRA coverage, fiscal 2026 bonus, and accelerated vesting of time-based RSUs plus partial vesting of performance RSUs based on grant year.
Item 5.02 verify on EDGAR → -
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CEO Ziv Shoshani's compensation enhanced starting fiscal 2026: annual equity awards at 225% of base salary and cash bonus target of 100% (max 150%) of base salary, both tied to performance goals.
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CBPO Yair Alcobi and COO Rafi Ouzan received formalized employment agreements with 100% salary equity awards, 65% target bonuses (105% max), and 18-month severance if terminated without cause.
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1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Source-verified from EDGAR · Narrative written by AI · Jun 21, 2026 · How we verify