secwatch.observer — SEC 8-K summary
======================================

Issuer:     IDEXX LABORATORIES INC /DE (IDXX)
CIK:        0000874716
Form:       8-K
Filed at:   2024-12-12T23:59:59+00:00
Accession:  0000874716-24-000150
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

IDEXX Laboratories adopts nonqualified deferred compensation plan for select management and highly compensated employees
--------------------------------------------------------------------------------

- Participants may defer 5–50% of base salary, 5–100% of annual bonus, and 5–100% of stock units.
- Cash deferrals fully vested; stock unit deferrals vest per award agreement; discretionary company contributions may vest on change in control, death, disability, or retirement.
- Company currently has no intention to make discretionary contributions; distributions occur upon separation, specified date, death, or unforeseeable emergency.
- Stock unit deferrals settled in shares; cash deferrals deemed invested in participant-chosen options; all accounts are unfunded unsecured promises.
- Plan effective Dec 6, 2024; administered by Compensation and Talent Committee and Employee Plans Administrative Committee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/874716/000087471624000150/0000874716-24-000150-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/874716/000087471624000150/idxx-20241206.htm
  HTML page:      https://secwatch.observer/filing/0000874716-24-000150

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer