UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On August 2, 2023, the board of directors (the “Board”) of PGT Innovations, Inc. (the “Company”)approved changes to the compensation for the Company’s Interim Chief Financial Officer, Mr. Craig Henderson, as follows: effective August 7, 2023, his (i) base salary was increased to $336,000, (ii) target cash incentive under the Company’s annual incentive plan was increased to 60% of base salary, (iii) target long-term incentive was increased to 60% of base salary.
On August 7, 2023, the Company and Mr. Henderson entered into an employment agreement (the “Employment Agreement”), which reflects the above changes in his compensation and is substantially in the same form as the employment agreements entered into with the Company’s other executive officers. For a more detailed description of the material terms of the employment agreements, please see “Executive Compensation – Compensation Discussion and Analysis – Employment Agreements” in the Company’s proxy statement on Schedule 14A that was filed with the United States Securities and Exchange Commission (“SEC”) on April 28, 2023.
The foregoing description of the Employment Agreement contained herein does not purport to be complete and is qualified in its entirety by reference to the complete text of the Employment Agreement, a copy of which will be filed with the Company’s Quarterly Report on Form 10-Q for the quarter ended October 1, 2023.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
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Exhibit No. |
Description | |
| 104 | Cover Page Interactive Data File (embedded within
the Inline XBRL document)
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PGT INNOVATIONS, INC. | ||||||
| Date: August 8, 2023 | By: |
/s/ Ryan S. Quinn | ||||
| Name: | Ryan S. Quinn | |||||
| Title: | General Counsel and Corporate Secretary | |||||