Valmont Industries (VMI) files exhibit on CFO John Schwietz compensation
Rhea-AI Filing Summary
Valmont Industries, Inc. filed an update on executive leadership matters. The company notes it had previously appointed John Schwietz as Executive Vice President, Chief Financial Officer and Corporate Secretary.
This filing primarily provides a separate exhibit summarizing Mr. Schwietz’s compensation package as approved by the Human Resources Committee, and makes that information part of the public record.
Positive
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Negative
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8-K Event Classification
Key Terms
Executive Vice President, Chief Financial Officer and Corporate Secretary financial
Human Resources Committee financial
Compensation Package financial
Inline XBRL technical
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(c) Valmont Industries, Inc. previously reported the appointment of John Schwietz as Executive Vice President, Chief Financial Officer and Corporate Secretary.
Information with respect to Mr. Schwietz’s compensation as approved by the Human Resources Committee is set forth on Exhibit 99.1 which is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. | Description | |
99.1 | John Schwietz Compensation Summary | |
104 | Cover Page Interactive File (the cover page XBRL tags are embedded in 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.
Valmont Industries, Inc. | ||||
Date: | April 15, 2026 | |||
By: | /s/ WILLIAM E. JOHNSON | |||
Name: | William E. Johnson | |||
Title: | Chief Accounting Officer | |||
Exhibit 99.1
John Schwietz Compensation Package
| 1. | Base Salary: $525,000 per year |
| 2. | Participation in Valmont’s 2026 Annual Incentive Plan (AIP) – Corporate Plan with a target of 80% of base salary (prorated for 2026) and capped at 2x bonus target. |
| 3. | Increase in the Long Term Performance Share (LTIP) Plans for 2025-2027 (prorated from promotion date) and 2026-2028 (prorated from promotion date) with a new target value of 80% of base salary and capped at 2x target. |
| 4. | Participation in the stock element of Valmont’s long-term incentive plans, with eligibility for a grant in December 2026 with a target value of 160% of base salary. |
| 5. | Stock ownership guideline of 2.5x of Base Salary. |