8-K/A: OneStream Details President Scott Leshinski's Compensation
Executive Compensation Update
OneStream, Inc. has filed an amendment to disclose the compensation package for its new President, Scott Leshinski, effective January 1, 2026.
Summary
- Scott Leshinski's annual base salary has been increased from $425,000 to $500,000.
- He is eligible for a target bonus of 75% of his annual base salary under the company's cash incentive plan.
- Mr. Leshinski will receive a one-time restricted stock unit (RSU) award with a grant date fair value of approximately $2,750,000.
- The RSU award will vest quarterly over four years (1/16th each quarter), contingent on his continued service.
- He is also eligible for Tier 2 severance benefits under the company's Executive Change in Control and Severance Policy.
- For fiscal year 2026, Mr. Leshinski will be eligible for a standard annual RSU award, the value of which will be determined by the Board.
Sentiment
Score: 7
Explanation: The filing details a robust compensation package for a key executive, which is a positive for the executive and indicates the company's commitment to attracting and retaining top talent. It's a neutral to slightly positive signal for the company as it completes a previously announced executive appointment with a competitive offer.
Positives
- The company has finalized a competitive compensation package for its new President, Scott Leshinski, including a significant base salary increase and a substantial RSU award.
- The compensation structure, including cash incentives and equity, aligns Mr. Leshinski's interests with long-term shareholder value.
Future Outlook
Mr. Leshinski will be eligible to receive a standard annual RSU award for fiscal 2026, with its value to be determined by the Board in connection with the company's annual equity grants.
Management Comments
- The compensation, nominating and governance committee of the Board approved the cash compensation arrangements and the one-time restricted stock unit award for Mr. Leshinski.
Industry Context
This filing reflects standard practice in executive compensation, where a newly appointed president's full compensation package, including base salary, performance-based bonuses, and equity awards, is formalized and disclosed to align with market standards and incentivize long-term performance.
Comparison to Industry Standards
- The compensation package for OneStream's President, including a $500,000 base salary, 75% target bonus, and a $2.75 million RSU award, appears competitive within the enterprise software and financial performance management industry for a company of OneStream's size and market position.
- Companies like Anaplan, Workday, and BlackLine, which operate in similar or adjacent enterprise software sectors, typically offer comparable executive compensation structures to attract and retain top talent, often involving a mix of base salary, annual cash incentives, and substantial long-term equity awards that vest over several years.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Compensation Approval | The compensation, nominating and governance committee of the Board of Directors approved the new cash compensation arrangements and a one-time restricted stock unit (RSU) award for President Scott Leshinski. | 2026-01-01 | Ensures formal and transparent executive compensation practices, aligning with corporate governance standards and shareholder interests. |
Stakeholder Impact
- Shareholders: Potential for minor dilution from the issuance of restricted stock units, but also benefits from incentivizing a key executive for long-term performance.
- Employees: May set a benchmark for executive compensation within the company, potentially influencing future compensation discussions.
- Executive (Scott Leshinski): Receives a significant and competitive compensation package, enhancing personal financial stability and motivation.
Next Steps
- Determination of the value of Mr. Leshinski's standard annual RSU award for fiscal 2026 by the Board.
Key Dates
| Date | Description |
|---|---|
| 2024-06-28 | Date of filing of the Company's Registration Statement on Form S-1, which included the Executive Change in Control and Severance Policy. |
| 2025-11-25 | Date of earliest event reported in the original Form 8-K. |
| 2025-12-02 | Date OneStream, Inc. filed the original Current Report on Form 8-K reporting Scott Leshinski's appointment as president. |
| 2025-12-30 | Date the compensation, nominating and governance committee approved Mr. Leshinski's cash compensation arrangements. |
| 2026-01-01 | Effective date of Scott Leshinski's appointment as president and the new compensation arrangements, including the RSU award. |
| 2026-01-02 | Date the Amendment No. 1 to the Original Form 8-K was signed. |
Keywords
OneStream, Scott Leshinski, Executive Compensation, Restricted Stock Units, RSU Award, Base Salary, Cash Incentive Plan, Severance Benefits, Corporate Governance, SEC Filing, 8-K/A
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