JELD-WEN Holding, Inc. Files Definitive Proxy Statement

Ticker: JELD · Form: DEF 14A · Filed: Mar 14, 2024 · CIK: 1674335

Jeld-Wen Holding, Inc. DEF 14A Filing Summary
FieldDetail
CompanyJeld-Wen Holding, Inc. (JELD)
Form TypeDEF 14A
Filed DateMar 14, 2024
Risk Levellow
Pages14
Reading Time17 min
Key Dollar Amounts$6 billion
Sentimentneutral

Sentiment: neutral

Topics: JELD-WEN, DEF 14A, Proxy Statement, Shareholder Meeting, Executive Compensation

TL;DR

<b>JELD-WEN Holding, Inc. has filed its Definitive Proxy Statement for the upcoming period.</b>

AI Summary

JELD-WEN Holding, Inc. (JELD) filed a Proxy Statement (DEF 14A) with the SEC on March 14, 2024. JELD-WEN Holding, Inc. filed a Definitive Proxy Statement (DEF 14A) on March 14, 2024. The filing covers the period ending April 25, 2024. The company's fiscal year ends on December 31. JELD-WEN Holding, Inc. is incorporated in Delaware. The company's business and mailing address is 2645 Silver Crescent Drive, Charlotte, NC 28273.

Why It Matters

For investors and stakeholders tracking JELD-WEN Holding, Inc., this filing contains several important signals. This filing is a standard requirement for publicly traded companies to provide shareholders with information regarding annual meetings, director elections, and executive compensation. Shareholders will use this information to make informed decisions on voting matters presented at the company's annual meeting.

Risk Assessment

Risk Level: low — JELD-WEN Holding, Inc. shows low risk based on this filing. The filing is a routine DEF 14A, indicating no immediate material changes or urgent concerns are being disclosed beyond standard corporate governance procedures.

Analyst Insight

Review the proxy statement for details on executive compensation, director nominees, and any shareholder proposals to inform voting decisions.

Key Numbers

  • 2024-03-14 — Filing Date (DEF 14A)
  • 2024-04-25 — Period of Report (DEF 14A)
  • 1231 — Fiscal Year End (Company Data)
  • DE — State of Incorporation (Company Data)

Key Players & Entities

  • JELD-WEN Holding, Inc. (company) — Filer
  • DEF 14A (document) — Filing Type
  • 2024-03-14 (date) — Filing Date
  • 2024-04-25 (date) — Period of Report
  • 2645 Silver Crescent Drive (address) — Business Address
  • Charlotte (location) — Business Address City
  • NC (location) — Business Address State
  • 28273 (postal_code) — Business Address Zip

FAQ

When did JELD-WEN Holding, Inc. file this DEF 14A?

JELD-WEN Holding, Inc. filed this Proxy Statement (DEF 14A) with the SEC on March 14, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by JELD-WEN Holding, Inc. (JELD).

Where can I read the original DEF 14A filing from JELD-WEN Holding, Inc.?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by JELD-WEN Holding, Inc..

What are the key takeaways from JELD-WEN Holding, Inc.'s DEF 14A?

JELD-WEN Holding, Inc. filed this DEF 14A on March 14, 2024. Key takeaways: JELD-WEN Holding, Inc. filed a Definitive Proxy Statement (DEF 14A) on March 14, 2024.. The filing covers the period ending April 25, 2024.. The company's fiscal year ends on December 31..

Is JELD-WEN Holding, Inc. a risky investment based on this filing?

Based on this DEF 14A, JELD-WEN Holding, Inc. presents a relatively low-risk profile. The filing is a routine DEF 14A, indicating no immediate material changes or urgent concerns are being disclosed beyond standard corporate governance procedures.

What should investors do after reading JELD-WEN Holding, Inc.'s DEF 14A?

Review the proxy statement for details on executive compensation, director nominees, and any shareholder proposals to inform voting decisions. The overall sentiment from this filing is neutral.

How does JELD-WEN Holding, Inc. compare to its industry peers?

JELD-WEN Holding, Inc. operates in the building products industry, specifically in the manufacturing of millwork, veneer, plywood, and structural wood members.

Are there regulatory concerns for JELD-WEN Holding, Inc.?

As a publicly traded company, JELD-WEN is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) for shareholder meetings.

Industry Context

JELD-WEN Holding, Inc. operates in the building products industry, specifically in the manufacturing of millwork, veneer, plywood, and structural wood members.

Regulatory Implications

As a publicly traded company, JELD-WEN is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) for shareholder meetings.

What Investors Should Do

  1. Analyze executive compensation packages detailed in the proxy statement.
  2. Review director nominations and qualifications.
  3. Identify any shareholder proposals and the company's recommendation.

Key Dates

  • 2024-03-14: Filing Date — Submission of Definitive Proxy Statement
  • 2024-04-25: Period of Report — Covers the period for which the proxy statement is relevant

Year-Over-Year Comparison

This is the initial filing of the DEF 14A for the 2024 proxy season, providing information for the upcoming shareholder meeting.

Filing Stats: 4,283 words · 17 min read · ~14 pages · Grade level 16.2 · Accepted 2024-03-14 16:15:56

Key Financial Figures

  • $6 billion — o our Board. Antonella, as the CFO of a $6 billion business segment of a global industrial

Filing Documents

EXECUTIVE COMPENSATION PRACTICES

EXECUTIVE COMPENSATION PRACTICES During 2023, our Compensation Committee reviewed our compensation programs and practices to ensure alignment with our compensation philosophy. OUR COMPENSATION PRACTICES INCLUDE: OUR COMPENSATION PRACTICES DO NOT INCLUDE: Base Salary and an Annual Management Incentive Plan Long-Term Equity Incentives Clawback Policy Stock Ownership Requirements Double-Trigger Vesting Upon a Change in Control Tally Sheets and Risk Analysis Hedging or Pledging Stock Options Repricing Excessive Perquisites for Executives Tax Gross-Ups Including Excise Taxes in Connection with a Change in Control 2023 EXECUTIVE COMPENSATION HIGHLIGHTS Our compensation program is premised on a pay-for-performance philosophy and places a significant percentage of NEO compensation at risk. In 2023, we compensated our NEOs as follows: Base Salary A fixed, competitive component of compensation based on duties and responsibilities. Page 33 Annual Management Incentive Plan Designed to motivate achievement of short-term performance goals by linking a portion of NEO compensation to the achievement of our operating plan. Page 34 Long-Term Incentive Plan Designed to encourage performance that creates a strong pay-for-performance alignment of the Company's compensation program and long-term stockholder value creation. Page 37 The Board recommends that you vote FOR our "say-on-pay" proposal. Proposal 3: Advisory vote to approve the frequency of future advisory votes on executive compensation We are asking our stockholders to approve, on a nonbinding, advisory basis, the frequency of future votes on executive compensation. The Board recommends that you vote Every Year for the frequency of future votes on executive compensation. Proposal 4: Ratify the selection of our independent auditor for 2024 We are asking our stockholders to ratify the appointment of PricewaterhouseCoopers LLP ("PwC") as our independent auditor for 2024.

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 27 Compensation of Executive Officers 30 Compensation Discussion and Analysis 30 Section 1—Compensation Objectives and Philosophy 31 Section 2—Compensation Program Design and Decisions 33 Section 3—Other Compensation Information 39 Compensation Committee Report 39 Section 4—2023 Compensation Tables 40 Summary Compensation Table 40 Grants of Plan-Based Awards 42 Outstanding Equity Awards at Fiscal Year-End 43 Options Exercised and Stock Vested 44 Employment Agreements 45 Deferred Compensation for 2023 45 Potential Payments Upon Termination or Change in Control 46 Pay Versus Performance Disclosure 49 CEO Pay Ratio Disclosure 53 Proposal 2: Advisory Vote to Approve Compensation of NEOs 54 Proposal 3: Advisory Vote to Approve the Frequency of Future Advisory Votes on Executive Compensation 55 Audit Committee Matters 56 Independent Auditor's Fees and Services 56 Audit Committee Pre-Approval of Audit and Non-Audit Related Services of Independent Auditor 56 Report of the Audit Committee of the Board 56 Proposal 4: Ratification of Selection of Independent Auditor for 2024 59 Information About the Annual Meeting and Voting 60 Questions and Answers about the Annual Meeting 60 Appendix A: Reconciliation of Non-GAAP Financial Measures A-1 JELD-WEN PROXY STATEMENT 2024 PROXY STATEMENT FOR THE ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON APRIL 25, 2024 CORPORATE GOVERNANCE AT JELD-WEN Corporate Governance We believe that good corporate governance helps to ensure that the Company is managed for the long-term benefit of our stockholders. We regularly review and consider our corporate governance policies and practices, taking into account the U.S. Securities and Exchange Commission's (the "SEC") corporate governance rules and regulations, the corporate governance standards of the New York Stock Exchange

View Full Filing

View this DEF 14A filing on SEC EDGAR

View on ReadTheFiling | About | Contact | Privacy | Terms

Data from SEC EDGAR. Not affiliated with the SEC. Not investment advice. © 2026 OpenDataHQ.