Transaction Details

Footnotes

Represents performance share units (PSUs) granted to the reporting person on January 9, 2026, as an employment inducement award in connection with his commencement of employment as President and Chief Executive Officer of the Company. The award was approved by the Compensation and Management Development Committee of the Board pursuant to NYSE Listing Rule 303A.08 and was granted outside of the Companys 2023 Incentive Stock Plan. | Each PSU represents the contingent right to receive one share of the Companys common stock, par value $0.01 per share, subject to achievement of stock price-based performance objectives measured over a three-year performance period. The number of PSUs that may be earned ranges from 0% to 200% of target, with a maximum of 1,500,000 shares issuable upon achievement of the maximum performance level. | Any PSUs that are earned will vest on the third anniversary of the reporting persons first day of employment with the Company (January 5, 2029), subject to continued service and certification by the Compensation and Management Development Committee. Shares issued upon vesting will be subject to a one-year post-vesting holding requirement, except as otherwise permitted by the Committee or required by law.