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Johnson Outdoors (JOUT) appoints Asad Rahman CFO with $200K stock award

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Johnson Outdoors Inc. appointed Asad Rahman as Vice President and Chief Financial Officer, effective June 30, 2026. He will also serve as the company’s principal accounting and principal financial officer from that date.

Current CFO David W. Johnson will step down from these roles on June 30, 2026 but remain employed through the fiscal year ending October 2, 2026 to support the transition. Rahman brings over 25 years of finance and accounting experience from Mars, Kellanova, Kellogg and S. C. Johnson.

In connection with his appointment, Rahman will receive a $200,000 restricted stock award under the Long-Term Stock Incentive Plan, with the number of shares based on the average of the high and low stock price on June 30, 2026. These shares will vest on June 30, 2028, encouraging longer-term alignment with shareholders.

Positive

  • None.

Negative

  • None.

Insights

CFO transition appears orderly, with structured handover and standard equity grant.

The company has named Asad Rahman as CFO and principal financial and accounting officer effective June 30, 2026, while outgoing CFO David W. Johnson stays through the fiscal year end to assist with transition. This overlapping period supports continuity in financial leadership.

Rahman’s background includes over 25 years in finance roles at Mars, Kellanova/Kellogg and S. C. Johnson, which are sizeable consumer businesses. He also receives a $200,000 restricted stock award vesting on June 30, 2028, tying compensation to longer-term company performance.

The filing focuses on leadership changes and compensation structure rather than near-term financial metrics. Future company filings may provide more detail on how Rahman’s experience influences financial strategy and execution once he is in the role.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Restricted stock award value $200,000 CFO equity grant under Long-Term Stock Incentive Plan
Effective date of CFO appointment June 30, 2026 Rahman becomes CFO and principal financial and accounting officer
Vesting date of restricted stock June 30, 2028 Two-year vesting from effective date of award
Fiscal year end October 2, 2026 Outgoing CFO remains employed through this fiscal year
Rahman’s age 48 years Age of incoming CFO at time of appointment
Experience in finance and accounting Over 25 years Rahman’s professional background before joining Johnson Outdoors
principal accounting and principal financial officer financial
"Mr. Rahman will also serve as the Company’s principal accounting and principal financial officer"
Long-Term Stock Incentive Plan financial
"restricted stock pursuant to the Company’s Long-Term Stock Incentive Plan"
restricted stock financial
"he will receive an award with the value of such award being $200,000 of Company restricted stock"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
FP&A financial
"Senior Director overseeing North America FP&A and Sales"
Financial planning and analysis (FP&A) involves examining a company's financial data to help guide its future decisions. It’s like creating a detailed roadmap that shows where the business is now, where it wants to go, and how to get there. Investors rely on FP&A to understand a company's financial health and its potential for growth, making it a key tool for assessing investment opportunities.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549



FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  June 22, 2026

Johnson Outdoors Inc.
(Exact name of registrant as specified in charter)

Wisconsin
0-16255
39-1536083
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)

555 Main Street, Racine, Wisconsin 53403
(Address of principal executive offices, including zip code)

(262) 631-6600
(Registrant’s telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)

Securities registered or to be registered pursuant to Section 12(b) of the Act:

Title of each class
Trading symbol(s)
Name of exchange on which registered
Class A Common Stock, $.05 par value per share
JOUT
NASDAQ Global Select Market SM

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging Growth Company         

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐



Section 5 – Corporate Governance and Management

Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 22, 2026, Johnson Outdoors Inc. (the “Company”) announced that it has appointed Asad Rahman as Vice President and Chief Financial Officer of the Company effective as of June 30, 2026.  Mr. Rahman will also serve as the Company’s principal accounting and principal financial officer commencing on June 30, 2026. As previously announced on March 4, 2026, the Company’s current Chief Financial Officer, David W. Johnson, informed the Company of his intention to retire during the Company’s 2026 fiscal year. In connection with the appointment of Mr. Rahman as the Company’s Chief Financial Officer and principal accounting and principal financial officer, Mr. Johnson will step down from those roles effective as of June 30, 2026. Mr. Johnson intends to remain an employee of the Company through the remainder of the Company’s 2026 fiscal year ending on October 2, 2026 to assist in the transition of the roles and duties of Chief Financial Officer to Mr. Rahman.

Mr. Rahman, age 48, joins the Company from Mars, Incorporated, a family-owned company and a global leader in pet care, snacking and food products. Mr. Rahman has over 25 years of experience in finance and accounting roles. At Mars (and its predecessor company, Kellanova and Kellogs), Mr. Rahman most recently served as Vice President – Finance, Supply Chain, Procurement and R&D since July 2023, where he oversaw financial operations for North America Manufacturing, Logistics, Warehouse, Procurement and External Manufacturing. From January 2022 through July 2023, Mr. Rahman was Chief Financial Officer of Kellanova’s Away From Home Business Unit. Prior to his tenure at Mars (and its predecessors’ Kellanova and Kellogs), Mr. Rahman was employed in varying finance roles of increasing responsibility at S. C. Johnson & Son, Inc., a multinational corporation and privately held manufacturer of household cleaning supplies and other consumer chemicals based in Racine, Wisconsin, from 2005 through 2021. Mr. Rahman was most recently employed at S. C. Johnson as a Senior Director overseeing North America FP&A and Sales from September 2020 through December 2021.

In connection with Mr. Rahman’s appointment as the Company’s Chief Financial Officer, he will receive an award with the value of such award being $200,000 of Company restricted stock pursuant to the Company’s Long-Term Stock Incentive Plan. The number of shares will be determined by using the average of the high and low of the Company’s stock price as of the grant date of June 30, 2026.  Such shares will vest on the two year anniversary of the effective date of the award (or June 30, 2028).

Section 9 – Financial Statements and Exhibits

Item 9.01.
Financial Statements and Exhibits.

 
(d)
Exhibits
 
       
   
Exhibit 104 – Cover Page Interactive Data File (embedded within the Inline XBRL document).


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
JOHNSON OUTDOORS INC.
 
Date:  June 22, 2026

   
 
By:
/s/ David W. Johnson
 
   
David W. Johnson, Vice President and Chief
Financial Officer

   
 



FAQ

Who is the new Chief Financial Officer of Johnson Outdoors (JOUT)?

Johnson Outdoors appointed Asad Rahman as Vice President and Chief Financial Officer effective June 30, 2026. He will also serve as principal accounting and principal financial officer, bringing over 25 years of finance and accounting experience from Mars, Kellanova/Kellogg and S. C. Johnson.

When does the CFO transition at Johnson Outdoors (JOUT) take effect?

The CFO transition is effective June 30, 2026. On that date, Asad Rahman becomes CFO and principal financial and accounting officer, while current CFO David W. Johnson steps down from those roles but remains employed through the fiscal year ending October 2, 2026.

What equity award will Asad Rahman receive from Johnson Outdoors (JOUT)?

Asad Rahman will receive a $200,000 restricted stock award under Johnson Outdoors’ Long-Term Stock Incentive Plan. The number of shares is based on the average of the high and low stock price on June 30, 2026, and the shares vest on June 30, 2028.

How long will outgoing CFO David W. Johnson remain with Johnson Outdoors (JOUT)?

David W. Johnson will remain an employee through the company’s 2026 fiscal year ending October 2, 2026. Although he steps down as Chief Financial Officer on June 30, 2026, he will assist in transitioning CFO responsibilities to Asad Rahman during this period.

What prior experience does Johnson Outdoors (JOUT) CFO Asad Rahman have?

Asad Rahman has over 25 years of finance and accounting experience. He most recently served as Vice President – Finance, Supply Chain, Procurement and R&D at Mars, and earlier held CFO and senior finance roles at Kellanova’s Away From Home unit and at S. C. Johnson.

When will Asad Rahman’s restricted stock from Johnson Outdoors (JOUT) vest?

The restricted stock award granted to Asad Rahman will fully vest on June 30, 2028. The grant’s value is set at $200,000, with the share count determined using the average of the high and low Johnson Outdoors stock price on June 30, 2026.

Filing Exhibits & Attachments

3 documents