other
confidence high
sentiment neutral
materiality 0.20
Simpson Manufacturing adopts nonqualified deferred compensation plan for executives and directors
Simpson Manufacturing Co., Inc.
- Plan effective April 3, 2023, for eligible employees (VP+) and non-employee directors.
- Participants may defer salary, bonus, performance share units, restricted share units, and director compensation.
- 100% vested at all times; no company contributions.
- Payments in lump sum or installments upon separation or change in control.
- Plan is unfunded, general unsecured obligation; trust may be established.