---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-259823"
form_type: "8-K"
ticker: "WSO"
cik: "0000105016"
company_name: "WATSCO INC"
filed_at: "2024-11-15T23:59:59+00:00"
generated_at: "2026-05-29T23:32:45.321952+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Watsco CEO Albert Nahmad's 2024 performance stock award cap doubled to $20M

## Summary
- Base salary unchanged at $600k for 2024; personal airplane use up to 90 hours.
- Award formula based on EPS growth (higher rate above 5%) and stock price target ($428.47 or $514.16).
- Award vests cliff on Oct 15, 2032; accelerated vesting for death, disability, or change in control.
- Amendment approved Aug 13, 2024, effective Jan 1, 2024; prior cap was $10M.

## SEC filing metadata
- accession: 0001193125-24-259823
- form_type: 8-K
- ticker: WSO
- cik: 0000105016
- company_name: WATSCO INC
- filed_at: 2024-11-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/105016/000119312524259823/0001193125-24-259823-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/105016/000119312524259823/d858327d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-259823
- JSON: https://secwatch.observer/filing/0001193125-24-259823.json
- Plain text: https://secwatch.observer/filing/0001193125-24-259823.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.