secwatch.observer — SEC 8-K summary
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Issuer:     ESCO TECHNOLOGIES INC (ESE)
CIK:        0000866706
Form:       8-K
Filed at:   2023-10-03T23:59:59+00:00
Accession:  0001104659-23-106090
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ESCO Technologies adopts Supplemental Clawback Policy effective Oct 2, 2023, amends Performance Compensation Plan
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- Supplemental Clawback Policy covers current and former executive officers consistent with SEC Rule 10D-1 and NYSE listing standards.
- Policy requires recoupment of excess incentive-based compensation in the event of an accounting restatement due to material noncompliance.
- Performance Compensation Plan amended to subject PCP payments to the Supplemental Clawback Policy, effective for fiscal 2023 awards.
- No indemnification allowed for recouped amounts; policy applies to all incentive-based compensation received on or after Oct 2, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/866706/000110465923106090/0001104659-23-106090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/866706/000110465923106090/tm2327104d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-106090

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