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Pay vs Performance Disclosure - USD ($)

1 Months Ended

4 Months Ended

5 Months Ended

7 Months Ended

8 Months Ended

11 Months Ended

12 Months Ended

Oct. 31, 2021

Sep. 30, 2023

Feb. 16, 2025

Sep. 27, 2025

May 31, 2023

Oct. 01, 2022

Sep. 27, 2025

Sep. 28, 2024

Sep. 30, 2023

Oct. 01, 2022

Oct. 02, 2021

Pay vs Performance Disclosure

Pay vs Performance Disclosure, Table

Pay Versus Performance Disclosure

Pursuant to Section 953(a) of the Dodd-Frank Wall Street Reform and Consumer Protection Act and Item 402(v) of SEC Regulation S-K, the following information identifies the relationship between executive compensation actually paid, including Principal Executive Officers (“PEOs”), in our case the CEOs, and other non-PEO Named Executive Officers (“NEOs”), and the Company’s financial performance for the past five fiscal years ended September 27, 2025.

In accordance with rules adopted by the Securities and Exchange Commission pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010, we provide the following disclosure regarding executive compensation for our principal executive officer (“PEO”) and our Named Executive Officers, other than our PEO (“Non-PEO NEOs”), and Company performance for the fiscal years listed below.


			Pay Versus Performance															Value of Initial Fixed $100 Investment
Year			Summary Compensation Table Total for PEO - Horlock⁽¹⁾			Compensation Actually Paid to PEO – Horlock^(1),(2),(3)			Summary Compensation Table Total for PEO – Wyskiel (2025) & Stevenson (2022 – 2023)⁽¹⁾			Compensation Actually Paid to PEO - Wyskiel (2025) & Stevenson (2022 – 2023)^(1),(2),(3)			Average Summary Compensation Table Total for Non- PEOs⁽¹⁾			Average Compensation Actually Paid to Non- PEOs^(1),(2),(3)			Total Shareholder Return ($)⁽⁴⁾			Peer Group Total Shareholder Return ($)⁽⁴⁾			Net Income (Loss) (000s)			Adjusted EBITDA (000s)⁽⁵⁾
2025			6,567,615			5,624,765			3,432,264			4,223,872			2,126,833			2,346,843			481			223			127,720			221,336
2024			4,783,785			7,647,349			—			—			1,381,330			2,385,004			402			154			105,547			182,909
2023			4,456,161			4,139,913			455,711			330,461			2,095,871			2,168,706			177			128			23,812			87,927
2022			656,020			292,271			843,122			845,522			468,660			448,423			69			96			(45,759)			(14,746)
2021			5,424,963			4,269,320			—			—			704,281			624,424			177			147			(289)			35,217

(1)

Philip Horlock was our PEO from February 2015 until he retired October 2021, then he was a Senior Advisor and consultant until January 2023. He then was reappointed PEO May 2023 through February 2025. Matthew Stevenson was our PEO from November 2021 until May 2023. John Wyskiel is our current PEO, who became our PEO in February 2025. The individuals comprising the Non-PEO NEOs for each year presented are listed below.


2021			2022			2023-2024			2025
Tom Roberts			Razvan Radulescu			Britton Smith			Razvan Radulescu
Trey Jenkins			Ted Scartz			Razvan Radulescu			Ted Scartz
Paul Yousif			Paul Yousif			Ted Scartz

(2)

The amounts shown for Compensation Actually Paid have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.

(3)

Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards and Option Awards columns set forth in the applicable Summary Compensation Table.


PEO			2025
			Horlock			Wyskiel
Summary compensation table (SCT) total for CEO			6,567,615			3,432,264
- amounts reported in the Summary Compensation Table representing equity award amounts that were based on grant date fair values			(4,588,447)			(1,176,374)
+ year-end fair value of equity awards granted in the covered fiscal year that were outstanding and unvested as of the end of the covered fiscal year			237,537			1,967,982
+/- change in fair value of equity awards (from the end of the prior fiscal year to the end of the covered fiscal year) granted in prior fiscal years that were outstanding and unvested as of the end of the covered fiscal year			—			—
+ fair value as of the vesting date for equity awards that were granted and vested in the covered fiscal year			4,453,467			—
+/- change in fair value of equity awards (from the end of the prior fiscal year to the vesting date) granted in prior fiscal years that vest in the covered fiscal year			(1,045,407)			—
- fair value as of the end of the prior fiscal year for equity awards that were granted in prior years that forfeited during the covered fiscal year			—			—
Compensation Actually Paid to CEO			5,624,765			4,223,872


Non PEO NEOs			2025
			Avg. Other NEOs
Summary compensation table (SCT) total for other NEOs			2,126,833
- amounts reported in the Summary Compensation Table representing equity award amounts that were based on grant date fair values			(593,700)
+ year-end fair value of equity awards granted in the covered fiscal year that were outstanding and unvested as of the end of the covered fiscal year			1,123,514
+/- change in fair value of equity awards (from the end of the prior fiscal year to the end of the covered fiscal year) granted in prior fiscal years that were outstanding and unvested as of the end of the covered fiscal year			—
+ fair value as of the vesting date for equity awards that were granted and vested in the covered fiscal year			—
+/- change in fair value of equity awards (from the end of the prior fiscal year to the vesting date) granted in prior fiscal years that vest in the covered fiscal year			(309,804)
- fair value as of the end of the prior fiscal year for equity awards that were granted in prior years that forfeited during the covered fiscal year			—
Compensation Actually Paid to Non-PEO NEOs			2,346,843

(4)

The Peer Group TSR set forth in this table utilizes a custom peer group, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended September 27, 2025: Astec Industries Inc., Commercial Vehicle Group Inc., Douglas Dynamics, Inc., Federal Signal Corp., NFI Group Inc., Rev Group Inc., Thor Industries Inc. and Wabash National Corp. The comparison assumes $100 was invested for the period starting October 3, 2020, through the end of the listed year for the Company and in the Peer Group, respectively. Historical stock performance is not necessarily indicative of future stock performance.

(5)

As discussed under “Compensation Discussion and Analysis — Management Incentive Plan” above, adjusted EBITDA is one of the corporate financial goals used to determine the Management Incentive Plan payout, and was determined to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEO and Non-PEO NEOs for fiscal 2025.

Company Selected Measure Name

adjusted EBITDA

Named Executive Officers, Footnote

(1)

Philip Horlock was our PEO from February 2015 until he retired October 2021, then he was a Senior Advisor and consultant until January 2023. He then was reappointed PEO May 2023 through February 2025. Matthew Stevenson was our PEO from November 2021 until May 2023. John Wyskiel is our current PEO, who became our PEO in February 2025. The individuals comprising the Non-PEO NEOs for each year presented are listed below.


2021			2022			2023-2024			2025
Tom Roberts			Razvan Radulescu			Britton Smith			Razvan Radulescu
Trey Jenkins			Ted Scartz			Razvan Radulescu			Ted Scartz
Paul Yousif			Paul Yousif			Ted Scartz

Peer Group Issuers, Footnote

(4)

The Peer Group TSR set forth in this table utilizes a custom peer group, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended September 27, 2025: Astec Industries Inc., Commercial Vehicle Group Inc., Douglas Dynamics, Inc., Federal Signal Corp., NFI Group Inc., Rev Group Inc., Thor Industries Inc. and Wabash National Corp. The comparison assumes $100 was invested for the period starting October 3, 2020, through the end of the listed year for the Company and in the Peer Group, respectively. Historical stock performance is not necessarily indicative of future stock performance.

PEO Total Compensation Amount

$ 0

$ 0

PEO Actually Paid Compensation Amount

0

0

Adjustment To PEO Compensation, Footnote

(3)

Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards and Option Awards columns set forth in the applicable Summary Compensation Table.


PEO			2025
			Horlock			Wyskiel
Summary compensation table (SCT) total for CEO			6,567,615			3,432,264
- amounts reported in the Summary Compensation Table representing equity award amounts that were based on grant date fair values			(4,588,447)			(1,176,374)
+ year-end fair value of equity awards granted in the covered fiscal year that were outstanding and unvested as of the end of the covered fiscal year			237,537			1,967,982
+/- change in fair value of equity awards (from the end of the prior fiscal year to the end of the covered fiscal year) granted in prior fiscal years that were outstanding and unvested as of the end of the covered fiscal year			—			—
+ fair value as of the vesting date for equity awards that were granted and vested in the covered fiscal year			4,453,467			—
+/- change in fair value of equity awards (from the end of the prior fiscal year to the vesting date) granted in prior fiscal years that vest in the covered fiscal year			(1,045,407)			—
- fair value as of the end of the prior fiscal year for equity awards that were granted in prior years that forfeited during the covered fiscal year			—			—
Compensation Actually Paid to CEO			5,624,765			4,223,872

Non-PEO NEO Average Total Compensation Amount

$ 2,126,833

1,381,330

$ 2,095,871

$ 468,660

704,281

Non-PEO NEO Average Compensation Actually Paid Amount

$ 2,346,843

2,385,004

2,168,706

448,423

624,424

Adjustment to Non-PEO NEO Compensation Footnote

(3)

Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards column are the totals from the Stock Awards and Option Awards columns set forth in the applicable Summary Compensation Table.


Non PEO NEOs			2025
			Avg. Other NEOs
Summary compensation table (SCT) total for other NEOs			2,126,833
- amounts reported in the Summary Compensation Table representing equity award amounts that were based on grant date fair values			(593,700)
+ year-end fair value of equity awards granted in the covered fiscal year that were outstanding and unvested as of the end of the covered fiscal year			1,123,514
+/- change in fair value of equity awards (from the end of the prior fiscal year to the end of the covered fiscal year) granted in prior fiscal years that were outstanding and unvested as of the end of the covered fiscal year			—
+ fair value as of the vesting date for equity awards that were granted and vested in the covered fiscal year			—
+/- change in fair value of equity awards (from the end of the prior fiscal year to the vesting date) granted in prior fiscal years that vest in the covered fiscal year			(309,804)
- fair value as of the end of the prior fiscal year for equity awards that were granted in prior years that forfeited during the covered fiscal year			—
Compensation Actually Paid to Non-PEO NEOs			2,346,843

Compensation Actually Paid vs. Total Shareholder Return

Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Total Shareholder Return (“TSR”)

The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and the cumulative TSR over the five most recently completed fiscal years for the Company and the Peer Group.

Compensation Actually Paid vs. Net Income

Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Net Income

The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and our Net Income during the five most recently completed fiscal years.

Compensation Actually Paid vs. Company Selected Measure

Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Adjusted EBITDA

The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and our Adjusted EBITDA during the five most recently completed fiscal years.

Total Shareholder Return Vs Peer Group

Relationship Between PEO and Non-PEO NEO Compensation Actually Paid and Total Shareholder Return (“TSR”)

The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and the cumulative TSR over the five most recently completed fiscal years for the Company and the Peer Group.

Tabular List, Table

List of Important Financial Performance Measures

The following table lists the most important financial performance measures used to link compensation actually paid to the PEO and Non-PEO NEOs for the fiscal year ended September 27, 2025. The Company’s use of financial measures is described in the Compensation Discussion and Analysis section herein, under “Compensation Program Objectives, Policies and Structure” (and subsections) and “Elements of Total Compensation” (and subsections).


	Most Important Performance Measures
	1. Adjusted EBITDA

Total Shareholder Return Amount

$ 481

402

177

69

177

Peer Group Total Shareholder Return Amount

223

154

128

96

147

Net Income (Loss)

$ 127,720,000

$ 105,547,000

$ 23,812,000

$ (45,759,000)

$ (289,000)

Company Selected Measure Amount

221,336,000

182,909,000

87,927,000

(14,746,000)

35,217,000

Philip Horlock

Philip Horlock

Philip Horlock

John Wyskiel

Matthew Stevenson

Matthew Stevenson

Philip Horlock

Philip Horlock

Pay vs Performance Disclosure

Adjusted EBITDA

Philip Horlock [Member]

Pay vs Performance Disclosure

PEO Total Compensation Amount

$ 6,567,615

$ 4,783,785

$ 4,456,161

$ 656,020

$ 5,424,963

PEO Actually Paid Compensation Amount

5,624,765

$ 7,647,349

4,139,913

292,271

$ 4,269,320

John Wyskiel [Member]

Pay vs Performance Disclosure

PEO Total Compensation Amount

3,432,264

PEO Actually Paid Compensation Amount

4,223,872

Matthew Stevenson [Member]

Pay vs Performance Disclosure

PEO Total Compensation Amount

455,711

843,122

PEO Actually Paid Compensation Amount

$ 330,461

$ 845,522

PEO | Philip Horlock [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(4,588,447)

PEO | Philip Horlock [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

237,537

PEO | Philip Horlock [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

PEO | Philip Horlock [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

4,453,467

PEO | Philip Horlock [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(1,045,407)

PEO | Philip Horlock [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

PEO | John Wyskiel [Member] | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(1,176,374)

PEO | John Wyskiel [Member] | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

1,967,982

PEO | John Wyskiel [Member] | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

PEO | John Wyskiel [Member] | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

PEO | John Wyskiel [Member] | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

PEO | John Wyskiel [Member] | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(593,700)

Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

1,123,514

Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

0

Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

(309,804)

Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year

Pay vs Performance Disclosure

Adjustment to Compensation, Amount

$ 0