secwatch.observer — SEC 8-K summary
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Issuer:     Vontier Corp (VNT)
CIK:        0001786842
Form:       8-K
Filed at:   2023-06-13T23:59:59+00:00
Accession:  0001193125-23-165726
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vontier amends deferred comp plan, adopts new severance plan for execs
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- EDIP amended: employer contributions capped at 6% for new participants after Sep 30, 2023; new 5-year graded vesting.
- Separation Plan: CEO gets 2.0x base salary (non-CIC) or 2.5x base+target bonus (CIC); other NEOs get 1.0x or 2.0x.
- Equity acceleration immediately upon CIC termination; health benefits up to 30 months for CEO.
- Stock ownership guidelines: unvested performance stock units no longer count toward ownership requirements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1786842/000119312523165726/0001193125-23-165726-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1786842/000119312523165726/d458356d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-165726

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