v3.26.1
Award Timing Disclosure
12 Months Ended
Dec. 31, 2025
USD ($)
$ / shares
Award Timing Disclosures [Line Items]  
Award Timing MNPI Disclosure

Policies and Practices Regarding Long-Term Incentive Awards

Long-term incentive awards are generally made on an annual basis, or at the time of a special event (such as upon hiring or promotion), and are provided under the IAP. We typically grant awards at the February Board meeting each year for the NEOs after we announce our financial results for the prior fiscal year and the Compensation Committee has had the opportunity to consider our expectations and projections for the fiscal year of grant. Stock options may be granted only with an exercise price at or above the closing market price of the Company’s Common Stock on the date of grant.

Because the Compensation Committee’s regular meeting schedule is determined in the prior fiscal year, the proximity of any awards to other significant corporate events is coincidental. We attempt to

make equity awards during periods when we do not have material non-public information (MNPI) that could impact our stock price and we do not time the release of MNPI based on equity grant dates.

The following table presents information regarding stock options issued to our NEOs in fiscal year 2025 during any period beginning four business days before the filing or furnishing of a periodic report or current report disclosing MNPI and ending one business day after the filing or furnishing of such report with the SEC.

Name

 

Grant
Date
(1)

 

Number of
securities
underlying
the award

 

Exercise
price of the
award
($/share)

 

Grant date
fair value of
award

 

Percentage change in the closing
market price of the securities
underlying the award between the
trading day ending immediately
prior to the disclosure of material
non-public information and the
trading day beginning immediately
following the disclosure of material
non-public information

 

Eric D. Ashleman

 

 

02/20/25

 

 

 

32,555

 

 

 

$196.07

 

 

 

$1,521,621

 

 

 

(2.85)%

 

Akhil Mahendra

 

 

02/20/25

 

 

 

1,605

 

 

 

$196.07

 

 

 

$75,018

 

 

 

(2.85)%

 

Lisa M. Anderson

 

 

02/20/25

 

 

 

4,280

 

 

 

$196.07

 

 

 

$200,047

 

 

 

(2.85)%

 

Roopa Unnikrishnan

 

 

02/20/25

 

 

 

3,480

 

 

 

$196.07

 

 

 

$162,655

 

 

 

(2.85)%

 

Abhishek Khandelwal

 

 

02/20/25

 

 

 

7,225

 

 

 

$196.07

 

 

 

$337,697

 

 

 

(2.85)%

 

Melissa S. Flores

 

 

02/20/25

 

 

 

3,615

 

 

 

$196.07

 

 

 

$168,965

 

 

 

(2.85)%

 

 

(1)
The Company’s Annual Report on Form 10-K for the period ended December 31, 2024 was released on February 20, 2025, with the Company’s press release announcing the Company’s financial results for the same period released on February 4, 2025.
Award Timing Method

Long-term incentive awards are generally made on an annual basis, or at the time of a special event (such as upon hiring or promotion), and are provided under the IAP. We typically grant awards at the February Board meeting each year for the NEOs after we announce our financial results for the prior fiscal year and the Compensation Committee has had the opportunity to consider our expectations and projections for the fiscal year of grant. Stock options may be granted only with an exercise price at or above the closing market price of the Company’s Common Stock on the date of grant.

Award Timing Predetermined true
Award Timing MNPI Considered false
Awards Close in Time to MNPI Disclosures, Table

The following table presents information regarding stock options issued to our NEOs in fiscal year 2025 during any period beginning four business days before the filing or furnishing of a periodic report or current report disclosing MNPI and ending one business day after the filing or furnishing of such report with the SEC.

Name

 

Grant
Date
(1)

 

Number of
securities
underlying
the award

 

Exercise
price of the
award
($/share)

 

Grant date
fair value of
award

 

Percentage change in the closing
market price of the securities
underlying the award between the
trading day ending immediately
prior to the disclosure of material
non-public information and the
trading day beginning immediately
following the disclosure of material
non-public information

 

Eric D. Ashleman

 

 

02/20/25

 

 

 

32,555

 

 

 

$196.07

 

 

 

$1,521,621

 

 

 

(2.85)%

 

Akhil Mahendra

 

 

02/20/25

 

 

 

1,605

 

 

 

$196.07

 

 

 

$75,018

 

 

 

(2.85)%

 

Lisa M. Anderson

 

 

02/20/25

 

 

 

4,280

 

 

 

$196.07

 

 

 

$200,047

 

 

 

(2.85)%

 

Roopa Unnikrishnan

 

 

02/20/25

 

 

 

3,480

 

 

 

$196.07

 

 

 

$162,655

 

 

 

(2.85)%

 

Abhishek Khandelwal

 

 

02/20/25

 

 

 

7,225

 

 

 

$196.07

 

 

 

$337,697

 

 

 

(2.85)%

 

Melissa S. Flores

 

 

02/20/25

 

 

 

3,615

 

 

 

$196.07

 

 

 

$168,965

 

 

 

(2.85)%

 

 

(1)
The Company’s Annual Report on Form 10-K for the period ended December 31, 2024 was released on February 20, 2025, with the Company’s press release announcing the Company’s financial results for the same period released on February 4, 2025.
Eric D. Ashleman [Member]  
Awards Close in Time to MNPI Disclosures  
Name Eric D. Ashleman
Underlying Securities 32,555
Exercise Price | $ / shares $ 196.07
Fair Value as of Grant Date $ 1,521,621
Underlying Security Market Price Change (2.85)
Akhil Mahendra [Member]  
Awards Close in Time to MNPI Disclosures  
Name Akhil Mahendra
Underlying Securities 1,605
Exercise Price | $ / shares $ 196.07
Fair Value as of Grant Date $ 75,018
Underlying Security Market Price Change (2.85)
Lisa M. Anderson [Member]  
Awards Close in Time to MNPI Disclosures  
Name Lisa M. Anderson
Underlying Securities 4,280
Exercise Price | $ / shares $ 196.07
Fair Value as of Grant Date $ 200,047
Underlying Security Market Price Change (2.85)
Roopa Unnikrishnan [Member]  
Awards Close in Time to MNPI Disclosures  
Name Roopa Unnikrishnan
Underlying Securities 3,480
Exercise Price | $ / shares $ 196.07
Fair Value as of Grant Date $ 162,655
Underlying Security Market Price Change (2.85)
Abhishek Khandelwal [Member]  
Awards Close in Time to MNPI Disclosures  
Name Abhishek Khandelwal
Underlying Securities 7,225
Exercise Price | $ / shares $ 196.07
Fair Value as of Grant Date $ 337,697
Underlying Security Market Price Change (2.85)
Melissa S. Flores [Member]  
Awards Close in Time to MNPI Disclosures  
Name Melissa S. Flores
Underlying Securities 3,615
Exercise Price | $ / shares $ 196.07
Fair Value as of Grant Date $ 168,965
Underlying Security Market Price Change (2.85)