Form 4: JELD-WEN Holding SVP Michael A. Leon Reports Acquisition of Restricted Stock Units

Michael A. Leon, SVP & Chief Accounting Officer of JELD-WEN Holding, Inc., reports the acquisition of restricted stock units.

Summary

• On February 11, 2025, Michael A. Leon, SVP & Chief Accounting Officer of JELD-WEN Holding, Inc., acquired 22,044 and 16,574 shares of common stock.
• These acquisitions are related to an award of restricted stock units.
• Following the reported transactions, Leon beneficially owns 155,251 and 171,825 shares of JELD-WEN Holding, Inc. common stock.
• The restricted stock units will vest ratably on February 11, 2026, February 11, 2027, and February 11, 2028, subject to continued employment.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices and aligns management interests with shareholders. There are no indications of negative financial performance or concerning transactions.

Positives

• The acquisition of restricted stock units aligns the executive's interests with the long-term performance of the company.
• The vesting schedule encourages continued employment and commitment to JELD-WEN Holding, Inc.

Risks

• The value of the restricted stock units is subject to the market price of JELD-WEN Holding, Inc. common stock.
• The vesting of the restricted stock units is contingent upon continued employment, creating a potential risk of forfeiture if employment is terminated.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the restricted stock units.

Industry Context

This type of equity compensation is common in publicly traded companies to incentivize executives and align their interests with shareholders.

Comparison to Industry Standards

• Restricted stock units are a standard form of executive compensation, comparable to grants at companies like Masonite International and Fortune Brands Innovations.
• Vesting schedules of three years are typical to ensure long-term commitment.

Stakeholder Impact

• The award of restricted stock units to a key executive can positively influence shareholder confidence by aligning management's interests with the company's long-term success.
• Employees may view this as a positive sign of the company's commitment to its leadership.

Key Dates

Keywords

JELD-WEN Holding, restricted stock units, beneficial ownership, Form 4, Michael A. Leon, JELD