Masco said it entered into an agreement dated July 8, 2025 with Keith J. Allman, its former President and Chief Executive Officer. The company said the agreement relates to his previously announced retirement, which took effect on the same day.

1. 01

   Masco said it entered into an agreement dated July 8, 2025 with Keith J. Allman, its former President and Chief Executive Officer. The company said the agreement relates to his previously announced retirement, which took effect on the same day.

2. 02

   Masco said Allman may receive a 2025 cash bonus based on his individual target opportunity and the company's 2025 annual performance. The amount will be prorated through his last day of employment.

3. 03

   The company said it will pay Allman the cash equivalent of a 2025 restricted stock unit award based on his individual target opportunity. That amount will also be prorated through his last day of employment.

4. 04

   Masco said Allman may receive a share award under each of the 2023-2025 LTIP and the 2024-2026 LTIP. The awards will be paid only if the performance goals for the respective LTIP are met, and will be prorated to reflect the time Allman was employed during each performance period.

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Original filing

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