---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-035554"
form_type: "8-K"
ticker: "TEL"
cik: "0001385157"
company_name: "TE Connectivity plc"
filed_at: "2024-03-18T23:59:59+00:00"
generated_at: "2026-06-04T14:50:42.718860+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# TE Connectivity shareholders OK share cancellation, 2024 equity plan, non-compete amendments

## Summary
- Shareholders approved cancellation of 5,895,500 repurchased shares; share capital reduced by CHF 3,360,435 to CHF 180,447,625.
- Approved the 2024 Stock and Incentive Plan, authorizing 19,939,500 shares for issuance.
- Non-compete post-termination consideration cap changed to average annual compensation over three years per Swiss law; employment agreements amended for five named executives.
- Articles of Association amended for hybrid/virtual meetings, board compensation, and capital band renewal (one year).

## SEC filing metadata
- accession: 0001104659-24-035554
- form_type: 8-K
- ticker: TEL
- cik: 0001385157
- company_name: TE Connectivity plc
- filed_at: 2024-03-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 5.03, 16.3, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1385157/000110465924035554/0001104659-24-035554-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1385157/000110465924035554/tm248776d4_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-035554
- JSON: https://secwatch.observer/filing/0001104659-24-035554.json
- Plain text: https://secwatch.observer/filing/0001104659-24-035554.txt

## Key facts
- Governance Changes
  TE Connectivity plc: Shareholders approved amendments to Articles of Association primarily relating to changes in Swiss law, including capital band renewal and share capital reduction (effective 2024-03-14).
  - Change: charter amendment
  - Effective: 2024-03-14
  source text: The amendments to the Company’s Articles of Association reflecting the above became effective on March 14, 2024 upon registration with the Commercial Registry.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1385157/000110465924035554/0001104659-24-035554-index.htm

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