Thermon Group Holdings DEF 14A: Executive Compensation Details

Ticker: THR · Form: DEF 14A · Filed: 2024-06-21T00:00:00.000Z

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.

From the Filing

0001489096-24-000141.txt : 20240621 0001489096-24-000141.hdr.sgml : 20240621 20240621095902 ACCESSION NUMBER: 0001489096-24-000141 CONFORMED SUBMISSION TYPE: DEF 14A PUBLIC DOCUMENT COUNT: 26 CONFORMED PERIOD OF REPORT: 20240331 FILED AS OF DATE: 20240621 DATE AS OF CHANGE: 20240621 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Thermon Group Holdings, Inc. CENTRAL INDEX KEY: 0001489096 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 272228185 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: DEF 14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-35159 FILM NUMBER: 241058583 BUSINESS ADDRESS: STREET 1: 7171 SOUTHWEST PARKWAY STREET 2: BUILDING 300, SUITE 200 CITY: AUSTIN STATE: TX ZIP: 78735 BUSINESS PHONE: 5126900600 MAIL ADDRESS: STREET 1: 7171 SOUTHWEST PARKWAY STREET 2: BUILDING 300, SUITE 200 CITY: AUSTIN STATE: TX ZIP: 78735 DEF 14A 1 thr-20240620.htm DEF 14A thr-20240620 0001489096 DEF 14A false iso4217:USD 0001489096 2023-04-01 2024-03-31 0001489096 2022-04-01 2023-03-31 0001489096 2021-04-01 2022-03-31 0001489096 2020-04-01 2021-03-31 0001489096 1 2023-04-01 2024-03-31 0001489096 ecd:PeoMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember 2023-04-01 2024-03-31 0001489096 ecd:NonPeoNeoMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember 2023-04-01 2024-03-31 0001489096 ecd:PeoMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember 2022-04-01 2023-03-31 0001489096 ecd:NonPeoNeoMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember 2022-04-01 2023-03-31 0001489096 ecd:PeoMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember 2021-04-01 2022-03-31 0001489096 ecd:NonPeoNeoMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember 2021-04-01 2022-03-31 0001489096 ecd:PeoMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember 2020-04-01 2021-03-31 0001489096 ecd:NonPeoNeoMember ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember 2020-04-01 2021-03-31 0001489096 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2023-04-01 2024-03-31 0001489096 ecd:NonPeoNeoMember ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember 2023-04-01 2024-03-31 0001489096 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2022-04-01 2023-03-31 0001489096 ecd:NonPeoNeoMember ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember 2022-04-01 2023-03-31 0001489096 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2021-04-01 2022-03-31 0001489096 ecd:NonPeoNeoMember ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember 2021-04-01 2022-03-31 0001489096 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2020-04-01 2021-03-31 0001489096 ecd:NonPeoNeoMember ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember 2020-04-01 2021-03-31 0001489096 ecd:PeoMember ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember 2023-04-01 2024-03-31 0001489096 ecd:NonPeoNeoMember ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember 2023-04-01 2024-03-31 0001489096 ecd:PeoMember ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember 2022-04-01 2023-03-31 0001489096 ecd:NonPeoNeoMember ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember 2022-04-01 2023-03-31 0001489096 ecd:PeoMember ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember 2021-04-01 2022-03-31 0001489096 ecd:NonPeoNeoMember ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember 2021-04-01 2022-03-31 0001489096 ecd:PeoMember ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember 2020-04-01 2021-03-31 0001489096 ecd:NonPeoNeoMember ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember 2020-04-01 2021-03-31 0001489096 ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember ecd:PeoMember 2023-04-01 2024-03-31 0001489096 ecd:NonPeoNeoMember ecd:VstngDtFrValOfEqtyAwrdsGrntdAndVstdInCvrdYrMember 2023-04-01 2024-03-31 0001489096 ecd:VstngDtFrValOfEqtyAwrdsG