---
schema_version: "secwatch.filing_event.v1"
accession: "0000066570-24-000016"
form_type: "8-K/A"
ticker: "MSA"
cik: "0000066570"
company_name: "MSA Safety Inc"
filed_at: "2024-03-05T23:59:59+00:00"
generated_at: "2026-06-05T04:22:11.558240+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

# MSA Safety discloses separation terms for former SVP Bob W. Leenen

## Summary
- Leenen receives six months garden leave with base salary and benefits; equity vesting through Aug 31, 2024.
- After release, he gets CHF 418,626 (~$473K) in nine-month base salary equivalent.
- Cash payments for forfeited PSUs: CHF 322,206 for 2022 grant and CHF 199,250 for 2023 grant.
- Accrued vacation payout: CHF 36,496 (~$41K); reaffirms non-compete, non-solicit, confidentiality covenants.
- Termination agreement effective Feb 28, 2024; full terms to be filed in Q1 10-Q.

## SEC filing metadata
- accession: 0000066570-24-000016
- form_type: 8-K/A
- ticker: MSA
- cik: 0000066570
- company_name: MSA Safety Inc
- filed_at: 2024-03-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/66570/000006657024000016/0000066570-24-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/66570/000006657024000016/msa-20240228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000066570-24-000016
- JSON: https://secwatch.observer/filing/0000066570-24-000016.json
- Plain text: https://secwatch.observer/filing/0000066570-24-000016.txt

## Key facts
- Executive change
  Bob W. Leenen departed as Senior Vice President and President, MSA International at MSA Safety Inc.
  - Action: departed
  - Role: Senior Vice President and President, MSA International
  source text: In a Current Report on Form 8-K filed on February 9, 2024 (the “Prior 8-K”), MSA Safety Incorporated (the “Company”) previously reported the departure of Bob W. Leenen, Former Senior Vice President and President, MSA International.
  evidence_url: https://www.sec.gov/Archives/edgar/data/66570/000006657024000016/0000066570-24-000016-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.