---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-21-022857"
form_type: "8-K"
ticker: "MLAB"
cik: "0000724004"
company_name: "MESA LABORATORIES INC /CO/"
filed_at: "2021-09-29T23:59:59+00:00"
generated_at: "2026-06-29T00:49:45.620133+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Mesa Labs CEO, CFO sign amended employment agreements; director David Kelly to retire April 2022

## Summary
- Director David M. Kelly to retire from Board effective April 3, 2022, after 11 years of service.
- New employment agreements with CEO Gary Owens (base salary $620k), CFO John Sakys, and SVPs DiNoia and Archbold, effective Sept 29, 2021.
- Severance for termination without cause/good reason: 1x base+target bonus, 24 months COBRA, accelerated equity vesting.
- On change of control, severance doubles to 2x base+target bonus and all unvested equity vests immediately.
- Agreements are indefinite; CEO's seven-year-vesting equity from prior grant vests on voluntary resignation without good reason.

## SEC filing metadata
- accession: 0001437749-21-022857
- form_type: 8-K
- ticker: MLAB
- cik: 0000724004
- company_name: MESA LABORATORIES INC /CO/
- filed_at: 2021-09-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/724004/000143774921022857/0001437749-21-022857-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/724004/000143774921022857/mlab20210924_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-21-022857
- JSON: https://secwatch.observer/filing/0001437749-21-022857.json
- Plain text: https://secwatch.observer/filing/0001437749-21-022857.txt

## Key facts
- Executive change
  David M. Kelly retired as Director at MESA LABORATORIES INC /CO/.
  - Action: retired
  - Role: Director
  source text: On September 24, 2021, David M. Kelly informed Mesa Laboratories, Inc. (the “ Company ”) of his planned retirement from the Board of Directors of the Company, including the Compensation Committee, to be effective as of close of business on April 3, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/724004/000143774921022857/0001437749-21-022857-index.htm

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