On March 3, 2026, the Compensation Committee of DMC Global Inc. approved cash-based awards to named executive officers James O’Leary, Eric Walter, Ian Grieves, and Antoine Nobili as part of the annual long-term incentive grant cycle, in lieu of equity awards due to insufficient shares under the 2025 Omnibus Incentive Plan. The awards vest over three years, with performance-based elements for Grieves and Nobili.
Key takeaways
Compensation Committee approved Cash Awards on March 3, 2026
James O’Leary (President and CEO) granted time-based Cash Awards vesting over 3 years
Eric Walter (CFO) granted time-based Cash Awards and equity-based performance awards
Ian Grieves (President and Managing Director, DynaEnergetics) granted time-based and performance-based Cash Awards tied to Adjusted EBITDA and Adjusted Free Cash Flow
Antoine Nobili (President and Managing Director, NobelClad) granted time-based and performance-based Cash Awards tied to Adjusted EBITDA and Adjusted Free Cash Flow
Awards granted pursuant to 2025 Omnibus Incentive Plan due to lack of available shares