How Horgan was paid
$14.6M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Brendan HorganChief Executive Officer | $1,210,691 | $11,077,565 | $2,220,105 | $119,271 | $14,627,631 |
| Alex PeaseChief Financial Officer | $877,452 | $2,593,859 | $1,255,100 | $54,210 | $4,780,621 |
| John WashburnExecutive Vice President, Chief Operating Officer, General Tool | $518,505 | $1,565,777 | $597,480 | $56,748 | $2,738,510 |
| Lynne Fuller-AndrewsExecutive Vice President, General Counsel and Corporate Secretary | $491,178 | $1,427,948 | $605,138 | $41,389 | $2,565,653 |
| Brad LullExecutive Vice President, Business Development & Strategy | $466,675 | $1,436,711 | $638,118 | $49,360 | $2,590,864 |
What changed and why
- $14.6M$14,627,631 was CEO Brendan Horgan’s total compensation for fiscal 2026, up from $12,125,847 in fiscal 2025.
- $11.1M$11,077,565 of CEO compensation was stock awards, including RSUs, PSUs and modification-related incremental fair value.
- $2.2M$2,220,105 was the CEO’s fiscal 2026 annual cash bonus under the DBP.
- Fiscal 2026 annual cash bonuses were paid entirely in cash after the DBP was discontinued.
- Fiscal 2027 introduced a U.S.-aligned compensation program following the Company’s redomiciliation and NYSE listing.
- No tax reimbursements will be provided to executive officers beginning in fiscal 2027.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.