other material
confidence high
sentiment neutral
materiality 0.30
SiteOne grants PSUs to executives; CEO Black receives 8,034 target units
SiteOne Landscape Supply, Inc.
- CEO Doug Black awarded 8,034 PSUs; other NEOs receive 1,339 to 1,673 PSUs each.
- PSUs vest based on 3-year cumulative EBTA growth relative to peer group (Threshold 25th percentile, Target 50th, Max 200% at 75th).
- A ROIC modifier can adjust earned PSUs by +/-20% depending on average ROIC over cycle.
- Payout capped at 200% of target; absolute negative EBTA growth caps payout at 100%.
- Performance cycle runs Jan 2, 2023 to Dec 28, 2025; vesting subject to continued employment.