Sensata Technologies Holding plc
For the period ended Sep 30, 2026. Filed Oct 27, 2026.
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Sep 30, 2026 · Filed Oct 27, 2026
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Item 5. Other Information
(a) Disclosure provided pursuant to Item 5.02 of Form 8-K. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 22, 2026, Sensata Technologies, Inc., a wholly owned subsidiary of Sensata Technologies Holding plc (the “Company”) and Patrick Hertzke, Executive Vice President, Chief Growth and Transformation Officer, mutually agreed to a separation of employment. Since joining the Company, Mr. Hertzke has led several growth and transformation initiatives that are now being integrated into the Company's operating segments. Mr. Hertzke will continue in his current role through December 31, 2026 (“the Departure Date”) and will work together with the Company to ensure an orderly transition of his responsibilities through the Departure Date. Mr. Hertzke’s departure is not the result of any disagreement with the Company on any matter relating to its operations, policies, or practices.
In connection with his departure, Mr. Hertzke will execute a Release Agreement, which includes customary provisions relating to, among other things, a release of claims and non-disparagement obligations. Execution and effectiveness of the Release Agreement are conditions to Mr. Hertzke's receipt of severance benefits under the Company's Severance and Change-in-Control Plan (the “Severance Plan”). Subject to the effectiveness of the Release Agreement and compliance with its terms, Mr. Hertzke will be entitled to receive severance benefits in accordance with the Severance Plan and the terms of his outstanding equity awards. The material severance benefits include:
Cash Severance: An amount equal to 12 months of base salary, payable in installments over a 12-month period beginning January 1, 2027 (the “Severance Period”).
Bonus Payment: An amount equal to 100% of Mr. Hertzke’s target bonus, payable in installments during the Severance Period.
Health Benefits: Continued participation in health and dental plans during the Severance Period, subject to COBRA and other applicable terms.
No additional severance, retention, consulting, transition, or other special compensation arrangements have been entered into in connection with his departure.
The foregoing summary is qualified in its entirety by reference to the Severance Plan, previously filed as Exhibit 10.10 to the Company’s Quarterly Report on Form 10-Q filed April 29, 2024.
(c) Rule 10b5-1 Trading Plans
During the three months ended September 30, 2026, no director or officer of the Company adopted orterminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K.
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