secwatch.observer — SEC 8-K summary
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Issuer:     ESCO TECHNOLOGIES INC (ESE)
CIK:        0000866706
Form:       8-K
Filed at:   2023-05-05T23:59:59+00:00
Accession:  0001104659-23-056387
Event type: other
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ESCO Technologies grants RSUs to three executive officers under LTI program
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- CEO Bryan H. Sayler receives 7,489 RSUs; CFO Christopher L. Tucker receives 2,985 RSUs; GC David M. Schatz receives 1,548 RSUs.
- RSUs vest in three equal portions on last NYSE trading days of Nov 2024, 2025, and 2026 (18, 30, 42 months from grant).
- Dividend equivalents accrue quarterly and are paid in cash upon vesting of each portion; unvested portions forfeit accrued amounts.
- RSU award value equals 50% of each officer's fiscal 2023 target long-term incentive compensation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866706/000110465923056387/0001104659-23-056387-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866706/000110465923056387/tm2314713d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-056387

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