Johnson Outdoors Inc. Files 2025 Proxy Statement

TL;DR

JO files proxy statement for 2025 meeting - shareholders vote on company matters.

AI Summary

Johnson Outdoors Inc. filed its definitive proxy statement (DEF 14A) on January 10, 2025, for its fiscal year ending September 27, 2025. The filing, originating from Racine, Wisconsin, details information related to the company's annual meeting and shareholder matters. The company was formerly known as Johnson Worldwide Associates Inc. before changing its name on July 3, 1992.

Why It Matters

This filing provides shareholders with crucial information regarding voting rights, executive compensation, and company governance ahead of the annual meeting, enabling informed participation in corporate decisions.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) providing information to shareholders, not indicating any immediate operational or financial distress.

Key Numbers

• 20250227 — Period of Report (The proxy statement covers the company's activities and proposals for the period ending on this date.)
• 0927 — Fiscal Year End (This indicates the end of the company's fiscal year, relevant for financial reporting and annual meeting timing.)

Key Players & Entities

• JOHNSON OUTDOORS INC. (company) — Registrant
• JOHNSON WORLDWIDE ASSOCIATES INC (company) — Former Company Name
• 20250110 (date) — Filing Date
• 20250227 (date) — Period of Report
• 0927 (date) — Fiscal Year End
• 2626316600 (dollar_amount) — Business Phone Number

FAQ

Key Financial Figures

• $893,918 — rman and Chief Executive Officer 2024 $893,918 — $1,150,016 — $ 37,386 $2,081,
• $1,150,016 — Executive Officer 2024 $893,918 — $1,150,016 — $ 37,386 $2,081,320 2023 $860
• $2,081,320 — 893,918 — $1,150,016 — $ 37,386 $2,081,320 2023 $860,821 $ 92,969 $1,149,478
• $860,821 — ,016 — $ 37,386 $2,081,320 2023 $860,821 $ 92,969 $1,149,478 — $ 44,483
• $1,149,478 — $2,081,320 2023 $860,821 $ 92,969 $1,149,478 — $ 44,483 $2,147,751 2022 $829
• $2,147,751 — $ 92,969 $1,149,478 — $ 44,483 $2,147,751 2022 $829,511 $ 95,186 $1,150,005
• $829,511 — ,478 — $ 44,483 $2,147,751 2022 $829,511 $ 95,186 $1,150,005 $266,522 $105,
• $1,150,005 — $2,147,751 2022 $829,511 $ 95,186 $1,150,005 $266,522 $105,432 $2,446,656 David
• $266,522 — 2022 $829,511 $ 95,186 $1,150,005 $266,522 $105,432 $2,446,656 David W. Johnso
• $105,432 — 9,511 $ 95,186 $1,150,005 $266,522 $105,432 $2,446,656 David W. Johnson, Vice
• $2,446,656 — 5,186 $1,150,005 $266,522 $105,432 $2,446,656 David W. Johnson, Vice President an
• $494,190 — dent and Chief Financial Officer 2024 $494,190 — $ 524,982 — $ 26,632 $1,045,
• $1,045,804 — 494,190 — $ 524,982 — $ 26,632 $1,045,804 2023 $472,424 $196,770 $ 524,984
• $472,424 — 982 — $ 26,632 $1,045,804 2023 $472,424 $196,770 $ 524,984 — $ 32,443 $
• $196,770 — $ 26,632 $1,045,804 2023 $472,424 $196,770 $ 524,984 — $ 32,443 $1,226,621

Filing Documents

• ny20036001x1_def14a.htm (DEF 14A) — 1292KB
• john_chairg2.jpg (GRAPHIC) — 5KB
• john_memberx1.jpg (GRAPHIC) — 5KB
• logo_johnsfooter.jpg (GRAPHIC) — 11KB
• logo_johnsonoutdoors.jpg (GRAPHIC) — 39KB
• sig_kmkhalaf.jpg (GRAPHIC) — 28KB
• ny20036001x1_caseysheahan.jpg (GRAPHIC) — 48KB
• ny20036001x1_edlang.jpg (GRAPHIC) — 55KB
• ny20036001x1_edstevens.jpg (GRAPHIC) — 52KB
• ny20036001x1_helenjohnson.jpg (GRAPHIC) — 57KB
• ny20036001x1_jeffreystutz.jpg (GRAPHIC) — 64KB
• ny20036001x1_johnfahey.jpg (GRAPHIC) — 54KB
• ny20036001x1_kathybutton.jpg (GRAPHIC) — 59KB
• ny20036001x1_liliannzipfel.jpg (GRAPHIC) — 54KB
• ny20036001x1_paulalexander.jpg (GRAPHIC) — 55KB
• ny20036001x1_piechart01x1.jpg (GRAPHIC) — 91KB
• john_chairx1.jpg (GRAPHIC) — 5KB
• john_memberx2.jpg (GRAPHIC) — 5KB
• ny20036001x1_pc01.jpg (GRAPHIC) — 551KB
• ny20036001x1_pc02.jpg (GRAPHIC) — 887KB
• ny20036001x1_pc03.jpg (GRAPHIC) — 571KB
• ny20036001x1_pc04.jpg (GRAPHIC) — 893KB
• ny20036001x1_pvp01x2.jpg (GRAPHIC) — 193KB
• ny20036001x1_pvp02x2.jpg (GRAPHIC) — 152KB
• ny20036001x1_pvp03x2.jpg (GRAPHIC) — 163KB
• 0001140361-25-000715.txt ( ) — 12810KB
• jout-20250227.xsd (EX-101.SCH) — 3KB
• jout-20250227_def.xml (EX-101.DEF) — 2KB
• ny20036001x1_def14a_htm.xml (XML) — 281KB

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 25 Compensation Discussion and Analysis 25 Other Compensation Practices, Policies and Guidelines 34 Report of the Compensation Committee 34 Summary Compensation Table 35 Grants of Plan-Based Awards 36 Outstanding Equity Awards at Fiscal Year End 37 Option Exercises and Stock Vested 38 Non-Qualified Deferred Compensation 38 Employment Agreements 38 Incentive Compensation Recovery (Clawback) Policy 38 Post-Employment Compensation 39 DIRECTOR COMPENSATION 41 Director Summary Compensation Table 42 CEO PAY RELATIVE TO MEDIAN PAY OF OUR EMPLOYEES 44 PAY VERSUS PERFORMANCE 45 Pay Versus Performance Table 45 Relationship Between Pay and Performance 46 Most Important Performance Measures for 2024 48 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 49 Related Person Transactions 49 Review and Approval of Related Person Transactions 49 SECTION 16(a) REPORTS 49 PROPOSAL 3: NON-BINDING ADVISORY VOTE ON EXECUTIVE COMPENSATION 50 The Proposal 50 Vote Required for Approval 51 SHAREHOLDER PROPOSALS 52 OTHER MATTERS 53 TABLE OF CONTENTS PROXY STATEMENT SUMMARY This summary highlights information contained elsewhere in this proxy statement. This summary does not contain all the information you should consider, and you should read the entire proxy statement and our Fiscal 2024 Annual Report on Form 10-K carefully before voting. 2025 ANNUAL MEETING OF STOCKHOLDERS Date and Time: February 27, 2025 at 8:00 a.m., central standard time Place: www.virtualshareholdermeeting.com/JOUT2025 Record Date: December 19, 2024 VOTING MATTERS AND BOARD RECOMMENDATION Voting Matter Board Recommendation Page Number with More Information Proposal 1: To elect nine directors to serve for the ensuing year. FOR each nominee 6 Proposal 2: To ratify the appointment of RSM US LLP, an independent registered public accounting firm, as auditors of the Company for i

EXECUTIVE COMPENSATION HIGHLIGHTS

EXECUTIVE COMPENSATION HIGHLIGHTS Members of Compensation Committee are Independent Pay for Performance No Tax Gross-up for Compensation Programs Clawback Policy No Employment Agreements No Severance or Termination Pay to Named Executive Officers 3 TABLE OF CONTENTS JOHNSON OUTDOORS INC. 555 Main Street Racine, Wisconsin 53403 PROXY STATEMENT For The 2025 Annual Meeting of Shareholders To Be Held Virtually On February 27, 2025 Important Notice Regarding the Availability of Proxy Materials for the 2025 Virtual Annual Meeting of Shareholders to be held on February 27, 2025: The Notice of Annual Meeting, this Proxy Statement and the Accompanying Annual Report on Form 10-K are Available at www.proxyvote.com This Proxy Statement, which is first being mailed on or about January 10, 2025, to shareholders of record as of the close of business on December 19, 2024, is furnished in connection with the solicitation of proxies by the Board of Directors of Johnson Outdoors Inc. (the "Company"), for the purposes set forth in the accompanying Notice of Annual Meeting of Shareholders, to be used at the Annual Meeting of Shareholders of the Company to be held virtually on Thursday, February 27, 2025 at 8:00 a.m., central standard time, at the following weblink: www.virtualshareholdermeeting.com/JOUT2025 and at any adjournment or postponement thereof (the "Annual Meeting"). You may vote in any of the following ways: 1) attend the Annual Meeting virtually and vote online during the meeting using your 16-digit control number included on your Notice of Annual Meeting or Proxy Card or the instructions that accompanied your proxy materials. If you are not a stockholder of record but hold shares as a beneficial owner in street name, you may be required to provide proof of beneficial ownership, such as your most recent account statement. If you do not comply with the procedures, you will not be admitted to, or able to participate in, the virtual Annual Me

View Full Filing

View this DEF 14A filing on SEC EDGAR