Masco Corporation has announced a new compensation agreement with its former President and Chief Executive Officer, Keith J. Allman, following his retirement on July 8, 2025. Under the terms of the agreement, Mr. Allman will receive a 2025 cash bonus prorated to his final day of employment, based on his target opportunity and the company's annual performance. Additionally, he will receive the cash equivalent of a 2025 restricted stock unit award, also prorated to his last day with the company. Furthermore, Mr. Allman is entitled to share awards under the 2023-2025 and 2024-2026 Long-Term Incentive Programs, contingent on meeting established performance goals and adjusted for the duration of his employment during each performance period.
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