v3.26.1
Award Timing Disclosure
 12 Months Ended
Dec. 31, 2025
Aug. 01, 2025
USD ($)
May 13, 2025
Apr. 02, 2025
USD ($)
 [2]
Apr. 01, 2025
USD ($)
Feb. 28, 2025
USD ($)
Feb. 25, 2025
USD ($)
Jan. 28, 2025
Feb. 20, 2024
USD ($)
 [2]
Award Timing Disclosures [Line Items]                  
Award Timing MNPI Disclosure The company has not timed the disclosure of material nonpublic information for the purpose of affecting the value of executive compensation.                
Award Timing MNPI Considered false                
MNPI Disclosure Timed for Compensation Value false                
Awards Close in Time to MNPI Disclosures, Table

After considering these factors, the committee approved the following grant date value of 2025 equity awards in February 2025, as compared to the grant date value of 2024 equity awards:

 

 

 

 

 

 

Grant Date Fair Value of Target 2025 LTI Awards

 

 

 

 

NEO

 

Grant Date Fair Value
of Target 2024 Annual
LTI Award(1)

 

 

Grant Date Fair Value
of Target 2025 Annual
LTI Award(1)

 

New Hire Awards(2)

 

 

Percentage Change of All 2025 Annual LTI Awards at Target From 2024 Annual LTI Awards at Target, each at Time of Grant

 

Ivan Tornos

 

$

11,750,148

 

 

$

12,000,101

 

$

—

 

 

 

2

%

Suketu Upadhyay

 

$

4,000,072

 

 

$

4,000,104

 

$

—

 

 

 

0

%

Kevin Thornal

 

$

—

 

 

$

5,300,085

 

$

—

 

 

 

100

%

Jehanzeb Noor

 

$

—

 

 

$

1,800,110

 

$

3,300,103

 

 

 

100

%

Wilfred van Zuilen

 

$

1,800,130

 

 

$

2,000,052

 

$

—

 

 

 

11

%

(1) Reflects only the grant date fair value of equity awards approved by the committee at its February 19, 2024 meeting and its February 24, 2025 meeting, and via unanimous written consent in connection with hiring Mr. Thornal.

(2) Reflects the grant date fair value of the equity awards approved by the committee via unanimous written consent in connection with hiring Mr. Noor.

                
Ivan Tornos                  
Awards Close in Time to MNPI Disclosures                  
Name           Ivan Tornos      
Fair Value as of Grant Date           $ 0 [1] $ 12,000,101 [2]   $ 11,750,148
Underlying Security Market Price Change             2    
Suketu Upadhyay                  
Awards Close in Time to MNPI Disclosures                  
Name           Suketu Upadhyay      
Fair Value as of Grant Date           $ 0 [1] $ 4,000,104 [2]   4,000,072
Underlying Security Market Price Change             0    
Kevin Thornal                  
Awards Close in Time to MNPI Disclosures                  
Name   Kevin Thornal              
Fair Value as of Grant Date   $ 5,300,085 [2]       $ 0 [1]     0
Underlying Security Market Price Change     100            
Jehanzeb Noor                  
Awards Close in Time to MNPI Disclosures                  
Name         Jehanzeb Noor        
Fair Value as of Grant Date       $ 1,800,110 $ 3,300,103 [1]       0
Underlying Security Market Price Change               100  
Wilfred van Zuilen                  
Awards Close in Time to MNPI Disclosures                  
Name           Wilfred van Zuilen      
Fair Value as of Grant Date           $ 0 [1] $ 2,000,052 [2]   $ 1,800,130
Underlying Security Market Price Change             11    
[1] Reflects the grant date fair value of the equity awards approved by the committee via unanimous written consent in connection with hiring Mr. Noor.
[2] Reflects only the grant date fair value of equity awards approved by the committee at its February 19, 2024 meeting and its February 24, 2025 meeting, and via unanimous written consent in connection with hiring Mr. Thornal.