Transcat Inc.
05/19/2026 | Press release | Distributed by Public on 05/19/2026 14:31
Management Change/Compensation (Form 8-K)
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On May 13, 2026, the Compensation Committee of the Board of Directors of Transcat, Inc. (the "Company"), approved an increase in compensation for Michael W. West, the Company's Chief Operating Officer, effective as of March 29, 2026, for the fiscal year ending March 27, 2027 ("fiscal 2027"). For fiscal 2027, Mr. West will be entitled to a base salary of $425,000 per annum, a target performance-based cash incentive award equal to 40% of his base salary, and a target long-term equity incentive award equal to 65% of his base salary.
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