CEO Gary Owens to depart by April 13; remains non-executive through June 22

MESA LABORATORIES INC /CO/

Owens steps down as President and CEO effective ~April 13, 2026; stays in non-executive role until June 22, 2026.
Owens resigned from the Board on March 20, 2026; no disagreement with Company cited.
Transition Agreement provides severance of 1x base salary ($815K) plus 1x target bonus ($896.5K), prorated FY27 bonus, and accelerated vesting of certain equity awards.
Owens eligible for up to $10,000 legal fee reimbursement; severance conditioned on signing a release of claims.
No successor CEO has been named; Board is managing the transition.

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