other material
confidence high
sentiment neutral
materiality 0.35
SiteOne grants PSUs to officers; CEO receives 15,460 units based on 3-yr performance
SiteOne Landscape Supply, Inc.
- PSUs awarded Feb 5, 2025 to CEO Doug Black (15,460), EVPs Brisendine, Guthrie (3,036 each), Salmon (2,668), Ketter (2,576).
- Award tied to 3-year performance (Dec 30, 2024 – Jan 2, 2028): 70% relative EBTA growth vs peers, 30% absolute ROIC.
- Payout ranges from 0% to 200% of target based on threshold (50th/25th percentile), target (50th/16%), or maximum (75th/20%).
- Vesting requires continuous employment through end of Performance Cycle, with pro-rata vesting on qualifying termination.