DMC Global (BOOM) awards 54,274 performance share units to CFO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DMC Global Inc. reported that Chief Financial Officer Walter Eric V. received a grant of 54,274 Performance Share Units (PSUs) on March 3, 2026. Each PSU represents a contingent right to one share of common stock, with no cash purchase price.
The number of PSUs that ultimately vest depends on DMC Global’s cumulative Adjusted EBITDA and Adjusted Free Cash Flow versus preset targets over a three-year performance period from January 1, 2026 through December 31, 2028. The award can result in between 0% and 200% of the target PSUs converting into common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Walter Eric V.
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units | 54,274 | $0.00 | -- |
Holdings After Transaction:
Performance Share Units — 54,274 shares (Direct)
Footnotes (1)
- Each Performance Share Unit ("PSU") represents the contingent right to receive one share of the Issuer's common stock based on certain vesting conditions. The number of PSUs that will vest and the number of shares of Issuer's common stock that will be awarded, if any, is contingent on the Issuer's cumulative Adjusted EBITDA as compared to target Adjusted EBITDA and the Issuer's cumulative Adjusted Free Cash Flow as compared to target Adjusted Free Cash Flow achieved over the three year performance period from January 1, 2026 through December 31, 2028, with potential to earn a number of shares of common stock between 0% and 200% of the number of target PSUs awarded.
FAQ
What did DMC Global Inc. (BOOM) disclose in this Form 4 filing?
DMC Global disclosed that its Chief Financial Officer, Walter Eric V., received a grant of 54,274 Performance Share Units on March 3, 2026. These units may convert into common stock depending on multi-year performance against Adjusted EBITDA and Adjusted Free Cash Flow targets.
What performance metrics determine vesting of DMC Global (BOOM) PSUs?
The PSUs vest based on DMC Global’s cumulative Adjusted EBITDA and cumulative Adjusted Free Cash Flow compared to target levels. Performance is measured over a three-year period, and outcomes versus these targets will determine how many units convert into shares for the CFO.
Over what period are DMC Global’s CFO PSUs measured for performance?
The PSUs are measured over a three-year performance period from January 1, 2026 through December 31, 2028. The company will compare cumulative Adjusted EBITDA and Adjusted Free Cash Flow for this timeframe to preset targets to determine the final number of vested shares.
What is the potential payout range for DMC Global’s PSU award?
The potential payout ranges from 0% to 200% of the target number of PSUs awarded. Depending on how DMC Global’s cumulative Adjusted EBITDA and Adjusted Free Cash Flow perform versus targets, the CFO could receive no shares, the target amount, or up to double the target.