On June 6, 2025, BlueLinx Holdings Inc. announced revisions to its 2025 long-term incentive program for performance-based restricted stock unit awards. The Human Capital and Compensation Committee has shifted the performance measure from the company's three-year cumulative "Adjusted EBITDA" and "average ROWC" to the company's total shareholder return ("TSR") relative to a comparison group of companies. Awards will vest according to a schedule based on the company's relative TSR, with no awards vesting until threshold performance is surpassed, and up to a maximum of 200% of the target if maximum performance is achieved. The Committee retains discretion to adjust the TSR performance measure for any unexpected, extraordinary, unusual, and/or non-recurring items.
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