other material
confidence high
sentiment neutral
materiality 0.45
Post Holdings adopts SERP for top executives with opening credits up to $1.875M
Post Holdings, Inc.
- Opening credits for NEOs: CEO $1.875M, COO $705.6K, GC $643.2K, CFO $352.4K, others $140.2K and $522K.
- Pay credits: CEO 5%, other NEOs 4%, other eligible employees 3% of annualized base salary and target bonus.
- Vesting: full at age 55/10 yrs or 65/5 yrs; opening credits vest over three years after effective date.
- Accelerated vesting on change in control, death, or disability; forfeiture for cause or early separation.
- Plan effective Feb 19, 2024; unfunded non-qualified plan for select management employees.