ODP Corp's 2025 DEF 14A: Executive Pay & Equity Awards
| Field | Detail |
|---|---|
| Company | Odp Corp |
| Form Type | DEF 14A |
| Filed Date | Mar 20, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, annual-meeting, governance, equity-awards
TL;DR
ODP Corp DEF 14A out: Executive pay details, equity awards for Samant, Allen, Levitt, Smith. Focus on 2024 compensation.
AI Summary
ODP Corp filed its DEF 14A on March 20, 2025, detailing executive compensation and board member information for the fiscal year ending December 28, 2024. The filing includes details on equity awards granted to key personnel such as Shashank Samant and Quincy L. Allen, with reported grant dates and valuations. It also outlines changes in the fair value of equity awards for individuals like Evan Levitt and Smith, as of various vesting dates.
Why It Matters
This filing provides transparency into how ODP Corp compensates its top executives and board members, offering insights into the company's governance and incentive structures.
Risk Assessment
Risk Level: medium — DEF 14A filings can reveal information about executive compensation and corporate governance that may impact investor sentiment and stock performance.
Key Numbers
- 20250320 — Filing Date (Date the DEF 14A was filed with the SEC.)
- 2024-12-28 — Fiscal Year End (The end date of the fiscal year for which compensation is reported.)
- 2023-12-31 — Prior Year End (Reference point for changes in fair value of equity awards.)
Key Players & Entities
- ODP Corp (company) — Filer of the DEF 14A
- Shashank Samant (person) — Executive mentioned in relation to equity awards
- Quincy L. Allen (person) — Executive mentioned in relation to equity awards
- Evan Levitt (person) — Board member mentioned in relation to equity awards
- Smith (person) — Executive/Board member mentioned in relation to equity awards
- Joseph S. Vassalluzzo (person) — Executive/Board member mentioned in relation to equity awards
FAQ
What is the primary purpose of this DEF 14A filing for ODP Corp?
The primary purpose is to provide detailed information regarding the company's annual meeting of shareholders, including executive compensation, board member details, and voting matters, as required by SEC regulations.
Who are the key individuals mentioned in relation to equity awards for the fiscal year ending December 28, 2024?
Key individuals mentioned in relation to equity awards include Shashank Samant, Quincy L. Allen, Evan Levitt, Smith, and Joseph S. Vassalluzzo.
What specific dates are referenced for the changes in fair value of equity awards?
Dates referenced for changes in fair value include 2021-12-26, 2022-12-31, 2023-12-31, and 2024-12-28, often in relation to vesting dates or prior year valuations.
What was ODP Corp's former company name?
ODP Corp's former company name was Office Depot Inc., with a date of name change noted as 1992-07-03.
What is ODP Corp's Standard Industrial Classification (SIC) code and industry?
ODP Corp's SIC code is 5940, which corresponds to 'RETAIL-MISCELLANEOUS SHOPPING GOODS STORES'.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on March 20, 2025 by Shashank Samant regarding ODP Corp.