Vishay Intertechnology, Inc. - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Vishay Intertechnology, Inc. (VSH) on February 25, 2026. The report details actions taken by the Compensation Committee of the Board of Directors regarding officer compensation for the 2026 fiscal year.
Key Financial Metrics
The filing does not provide revenue, profit, cash flow, margins, debt, or liquidity metrics. It focuses exclusively on executive compensation adjustments.
Material Changes
The Compensation Committee established 2026 base salaries for seven officers. Additionally, the minimum target annual cash bonus opportunity for Michael O'Sullivan and David Tomlinson was increased to 55% beginning in 2026. No other bonus opportunities were adjusted.
- Marc Zandman: ILS 4,700,211 (approx. $1,360,000 USD)
- Joel Smejkal: $1,060,488
- Roy Shoshani: $711,524
- David McConnell: $490,970
- Michael O'Sullivan: $478,826 (Bonus target increased to 55%)
- Peter Henrici: $461,687
- David Tomlinson: $399,558 (Bonus target increased to 55%)
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, management commentary on business performance, or discussion of risks and contingencies. The only unusual item noted is the specific salary payment for Marc Zandman in Israeli shekels, converted to USD based on the 2025 average exchange rate.
Investor Verification Checklist
- Verify the impact of the 55% bonus target increase for Messrs. O'Sullivan and Tomlinson on total compensation expense.
- Confirm the exchange rate used for Marc Zandman's salary conversion if precise USD valuation is required.
- Review the company's most recent 10-K or 10-Q for actual financial performance metrics, as this 8-K does not contain them.