---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-142871"
form_type: "8-K"
ticker: "ESE"
cik: "0000866706"
company_name: "ESCO TECHNOLOGIES INC"
filed_at: "2021-11-23T23:59:59+00:00"
generated_at: "2026-06-28T05:57:48.743609+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# ESCO Technologies director Solley to retire; board approves 10b5-1 repurchase plan and executive PSUs

## Summary
- Director Larry W. Solley to retire effective 2022 annual meeting; board reduces size from 8 to 7.
- Committee approved fiscal 2022 PSUs for executive officers with EBITDA and relative TSR performance targets.
- CEO Richey granted PSUs target value $1,462,905 (16,338 shares); CFO Tucker $357,265 (3,990); GC Schatz $173,976 (1,943).
- Audit & Finance Committee approved a 10b5-1 repurchase plan via J.P. Morgan, max term one year, starting late 2021/early 2022.
- Plan permits repurchases when predetermined conditions are met, independent of company's material non-public info.

## SEC filing metadata
- accession: 0001104659-21-142871
- form_type: 8-K
- ticker: ESE
- cik: 0000866706
- company_name: ESCO TECHNOLOGIES INC
- filed_at: 2021-11-23T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866706/000110465921142871/0001104659-21-142871-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866706/000110465921142871/tm2133666d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-142871
- JSON: https://secwatch.observer/filing/0001104659-21-142871.json
- Plain text: https://secwatch.observer/filing/0001104659-21-142871.txt

## Key facts
- Executive change
  Larry W. Solley departed as director at ESCO TECHNOLOGIES INC.
  - Action: retire
  - Role: director
  source text: On November 17, 2021, director Larry W. Solley notified the Nominating and Corporate Governance Committee of the Company’s Board of Directors that he has decided to retire from the Board, effective the date of the Company’s 2022 Annual Meeting of Stockholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/866706/000110465921142871/0001104659-21-142871-index.htm

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