Thor Industries DEF 14A: Executive Compensation & Stock Awards

Ticker: THO · Form: DEF 14A · Filed: 2024-11-06T00:00:00.000Z

Sentiment: neutral

Topics: executive-compensation, stock-awards, proxy-statement

Related Tickers: THO

TL;DR

THO DEF 14A out: exec comp details, stock awards fair value for FY20-FY23.

AI Summary

Thor Industries Inc. filed its DEF 14A on November 6, 2024, for the fiscal year ending July 31, 2024. The filing details executive compensation and stock awards, including the fair value of stock awards granted and vested during fiscal years 2020-2023. Specific figures for these stock awards are presented in the filing.

Why It Matters

This filing provides insight into how Thor Industries compensates its top executives and how stock awards are structured, which can influence investor decisions and corporate governance.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of executive compensation and does not indicate immediate financial distress or significant operational changes.

Key Numbers

Key Players & Entities

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Definitive Proxy Statement, is filed by companies to solicit proxies from shareholders for their annual meeting, providing detailed information on matters to be voted upon, including executive compensation, director elections, and other corporate governance issues.

What specific fiscal years are covered by the stock award data in this filing?

The filing references data related to stock awards for the fiscal years 2020-2021, 2021-2022, 2022-2023, and 2023-2024.

What is the company's fiscal year end?

Thor Industries Inc.'s fiscal year ends on July 31st.

When was this DEF 14A filing submitted to the SEC?

This filing was submitted on November 6, 2024.

What is the SIC code for Thor Industries Inc.?

The Standard Industrial Classification (SIC) code for Thor Industries Inc. is 3716, which corresponds to Motor Homes.

Filing Stats: 4,527 words · 18 min read · ~15 pages · Grade level 14.2 · Accepted 2024-11-06 14:01:16

Key Financial Figures

Filing Documents

Executive Compensation

Executive Compensation 46 Summary Compensation Table 46 Grants of Plan-Based Awards 47 Summary of Equity Compensation Plans 48 Outstanding Equity Awards at 2024 Fiscal Year-End 50 Option Exercises and Shares Vested in Fiscal Year 2024 51 Non-Qualified Deferred Compensation for Fiscal Year 2024 51 Summary of Deferred Compensation Plan 52 Potential Payments Upon Termination or Change in Control and Agreements with Resigning Officers 52 Fiscal Year 2024 CEO Pay Ratio 55 Pay Versus Performance 56 Ownership Of Common Stock 59 Certain Relationships and Transactions with Management 60 Delinquent Section 16(a) Reports 60 Shareholder Proposals 60 Other Matters 61 Appendix A 62 Table of Contents 8 Summary of Proposals While we offer this summary review of the matters to be voted on at the Annual Meeting, we encourage you to carefully review the entire Proxy Statement before voting. Voting Matters Table of Contents 9 NOTICE OF 2024 ANNUAL MEETING AND PROXY STATEMENT Proxy Statement This Proxy Statement is provided in connection with the solicitation of proxies, by order of the Board of Directors (the "Board" or "Board of Directors") of THOR Industries, Inc. (the "Company", "THOR", "we", or "us"), to be used at the 2024 Annual Meeting of the Shareholders of the Company. The proxy card or voting instruction form sets forth your holdings of Common Stock of the Company. We expect that, on or after November 6, 2024, this Proxy Statement will be available through the Internet. GENERAL INFORMATION ABOUT OUR ANNUAL MEETING A copy of this Proxy Statement and our Annual Report for the fiscal year ended July 31, 2024 ("Fiscal Year 2024"), will be sent to any Shareholder who requests a copy through any of the following methods: BY INTERNET: www.proxyvote.com BY TELEPHONE: 1-800-579-1639 BY E-MAIL: sendmaterial@proxyvote.com The Annual Report is not to be considered a part of this proxy solici

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