Home/Filings/8-K/0001193125-26-006506
8-K//Current report

RESIDEO TECHNOLOGIES, INC. 8-K

Accession 0001193125-26-006506

$REZICIK 0001740332operating

Filed

Jan 6, 7:00 PM ET

Accepted

Jan 7, 4:58 PM ET

Size

139.7 KB

Accession

0001193125-26-006506

Research Summary

AI-generated summary of this filing

Updated

Resideo Technologies Amends CEO Transition Agreement on 2026 Bonus

What Happened Resideo Technologies, Inc. filed a Form 8-K on January 7, 2026 (Item 5.02) reporting that its Compensation and Human Capital Management Committee approved an amendment (on January 6, 2026) to the 2024 transition agreement with President and CEO Jay Geldmacher. The amendment adds a provision specifying how Mr. Geldmacher’s 2026 annual incentive compensation will be handled in connection with his planned retirement and transition related to the separation of the company’s ADI Global Distribution business (announced July 30, 2025).

Key Details

  • The amendment was approved January 6, 2026 and disclosed in the 8-K filed January 7, 2026.
  • If the Transition Date (the date a new CEO is appointed) is before December 31, 2026, any 2026 annual incentive will be prorated from January 1, 2026 through the Transition Date and paid at target.
  • If the Transition Date is on or after December 31, 2026, the 2026 annual incentive will cover the full year and be paid based on actual performance against the plan’s measures.
  • No other terms of the 2024 Agreement were changed; no dollar amounts for the incentive were disclosed.

Why It Matters This amendment clarifies how the company will calculate and pay the CEO’s 2026 bonus depending on the timing of the CEO transition and the ADI separation. For investors, it increases transparency around executive compensation outcomes tied to corporate milestones (new CEO appointment and business separation) and sets expectations that the 2026 payout could be either a prorated target payment or a full-year performance-based payment depending on timing.