Thermon Group Holdings DEF 14A: Executive Compensation Details
Ticker: THR · Form: DEF 14A · Filed: Jun 21, 2024 · CIK: 1489096
| Field | Detail |
|---|---|
| Company | Thermon Group Holdings, Inc. (THR) |
| Form Type | DEF 14A |
| Filed Date | Jun 21, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 20 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, proxy-statement, equity-awards
TL;DR
Thermon Group Holdings DEF 14A out: Executive pay details for FY24 are in, check the equity awards.
AI Summary
Thermon Group Holdings, Inc. filed a DEF 14A on June 21, 2024, detailing executive compensation for the fiscal year ending March 31, 2024. The filing includes information on equity awards granted to both principal executive officers (PEO) and non-principal executive officers (Non-PEO) for the fiscal years 2021 through 2024. Specific dollar amounts for these awards are detailed within the compensation tables.
Why It Matters
This filing provides transparency into how Thermon Group Holdings compensates its top executives, which can influence investor decisions and perceptions of company management.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of executive compensation and does not inherently present new financial risks.
Key Numbers
- 2024 — Fiscal Year End (The filing covers executive compensation for the fiscal year ending March 31, 2024.)
- 2021-2024 — Reporting Period (Equity awards are detailed for the fiscal years 2021 through 2024.)
Key Players & Entities
- Thermon Group Holdings, Inc. (company) — Filer
- 0001489096-24-000141.txt (document) — Filing document name
- 20240621 (date) — Filing date
- 20240331 (date) — Fiscal year end
FAQ
What is the primary purpose of this DEF 14A filing?
The primary purpose is to disclose information regarding the solicitation of proxies for the company's annual meeting of stockholders, including details on executive compensation.
What fiscal period does the compensation information primarily cover?
The compensation information primarily covers the fiscal year ending March 31, 2024, with comparative data for prior fiscal years.
What types of compensation are detailed for the named executive officers?
The filing details various forms of compensation, including equity awards, which are broken down for Principal Executive Officers (PEO) and Non-Principal Executive Officers (Non-PEO).
When was this filing submitted to the SEC?
This filing was submitted to the SEC on June 21, 2024.
Where is Thermon Group Holdings, Inc. headquartered?
Thermon Group Holdings, Inc. is headquartered in Austin, Texas, with its business and mailing addresses listed at 7171 Southwest Parkway, Building 300, Suite 200, Austin, TX 78735.
Filing Stats: 4,930 words · 20 min read · ~16 pages · Grade level 13.1 · Accepted 2024-06-21 09:59:02
Filing Documents
- thr-20240620.htm (DEF 14A) — 1505KB
- thr-20240620_g1.jpg (GRAPHIC) — 40KB
- thr-20240620_g10.jpg (GRAPHIC) — 52KB
- thr-20240620_g11.jpg (GRAPHIC) — 139KB
- thr-20240620_g12.jpg (GRAPHIC) — 137KB
- thr-20240620_g13.jpg (GRAPHIC) — 147KB
- thr-20240620_g14.jpg (GRAPHIC) — 212KB
- thr-20240620_g15.jpg (GRAPHIC) — 332KB
- thr-20240620_g2.jpg (GRAPHIC) — 420KB
- thr-20240620_g3.jpg (GRAPHIC) — 7KB
- thr-20240620_g4.jpg (GRAPHIC) — 9KB
- thr-20240620_g5.jpg (GRAPHIC) — 7KB
- thr-20240620_g6.jpg (GRAPHIC) — 10KB
- thr-20240620_g7.jpg (GRAPHIC) — 7KB
- thr-20240620_g8.jpg (GRAPHIC) — 9KB
- thr-20240620_g9.jpg (GRAPHIC) — 9KB
- 0001489096-24-000141.txt ( ) — 6045KB
- thr-20240620.xsd (EX-101.SCH) — 1KB
- thr-20240620_htm.xml (XML) — 227KB
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 67 OTHER MATTERS 69 REQUIREMENTS FOR SUBMISSION OF STOCKHOLDER PROPOSALS FOR THE 2025 ANNUAL MEETING 69 APPENDIX A-1 : First Amendment to the Thermon Group Holdings, Inc. 2020 Long-Term Incentive Plan 70 APPENDIX A-2 : Thermon Group Holdings, Inc. 2020 Long-Term Incentive Plan, as amended 71 APPENDIX B : Third Amended and Restated Certificate of Incorporation 83 Thermon Group Holdings, Inc. 7171 Southwest Parkway Building 300 | Suite 200 Austin, Texas 78735 PROXY STATEMENT FOR THE ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON JULY 31, 2024 GENERAL INFORMATION This proxy statement (" Proxy Statement ") is being furnished in connection with the solicitation of proxies by the board of directors (the " Board ") of Thermon Group Holdings, Inc. (the " Company ," " Thermon ," " we ," " our ," " us " and similar terms) on the Company's behalf for use at the 2024 Annual Meeting of Stockholders of the Company to be held at the Omni Barton Creek at 8212 Barton Club Drive, Austin, Texas 78735 on Wednesday, July 31, 2024, at 11:30 a.m. Central Time, and any adjournment or postponement thereof (the " 2024 Annual Meeting "). Pursuant to provisions of our Amended and Restated Bylaws (the " Bylaws ") and by action of our Board, the close of business on June 7, 2024, was established as the time and record date for determining the stockholders entitled to receive notice of, attend and vote at the 2024 Annual Meeting (the " Record Date "). As permitted by the rules adopted by the United States Securities and Exchange Commission (the " SEC "), we have elected to provide access to our proxy materials primarily via the Internet. Accordingly, we are sending a Notice of Internet Availability of Proxy Materials (the " Notice ") to our stockholders of record as of the Record Date who are entitled to vote at the 2024 Annual Meeting. Instructions on how to access and review these proxy materials electro