secwatch.observer — SEC 8-K summary
======================================

Issuer:     INTEST CORP (INTT)
CIK:        0001036262
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001437749-24-003390
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

inTEST finalizes separation agreement with ex-Division President Scott Nolen; $95k payout
--------------------------------------------------------------------------------

- Severance of $72,500 (3 months salary), $22,308 PTO payout, and $4,583 COBRA payment, totaling $95,266.
- Performance shares vest at least 5,280 shares (88% of 6,000 target) based on 2023 results.
- 2023 Short Term Incentive Bonus of at least $65,250 to be paid in 2024.
- Executive agrees to non-disparagement, cooperation, and return of company property.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1036262/000143774924003390/0001437749-24-003390-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1036262/000143774924003390/intt20240207_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-003390

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