v3.26.1
Award Timing Disclosure
12 Months Ended
Dec. 31, 2025
USD ($)
share
$ / shares
Award Timing Disclosures [Line Items]  
Award Timing MNPI Disclosure
The Talent and Compensation Committee has established appropriate written policies and practices regarding the timing and pricing of equity awards. We have not timed the disclosure of material non-public information (“MNPI”) for the purpose of affecting the value of executive compensation and the Board and the Talent and Compensation Committee do not take MNPI into account when determining the timing and terms of awards.
Similar to 2024, the Talent and Compensation Committee approved the dollar value of executive officer (including named executive officers) stock options and time-based RSUs at the January 2025 Talent and Compensation Committee meeting, such grants to be effective on February 28, 2025, the last trading day in February, to align with the grant date for non-executive employees.

In 2025, we filed our Annual Report on Form 10-K on February 27, 2025, one day prior to the prescribed grant date. The following table discloses each grant of stock options awarded to a named executive officer during the 2025 fiscal year within four business days before or one business day after the filing or furnishing of a Form 10‑Q or Form 10‑K or Form 8‑K that may contain MNPI (including earnings information).
Name
Grant Date
Number of Shares
(#)
Exercise Price
($)
Grant Date Fair Value
($)
Closing Price (T-1)(1)
($)
Closing Price (T+1)(1)
($)
Market Price Change(1)
(%)
Jim A. Swanson
2/28/202511,70486.84225,01991.0086.84
-4.57
Peter J. Bragdon
2/28/202510,54186.84202,65991.0086.84
-4.57
Joseph P. Boyle
2/28/202533,80986.84650,00591.0086.84
-4.57
Lisa A. Kulok
2/28/20256,28186.84120,75791.0086.84
-4.57
(1)The Company filed Form 10‑K containing MNPI on February 27, 2025. T‑1 reflects the closing price on the trading day immediately prior to filing of the 10‑K containing MNPI. T+1 reflects the closing price on the trading day immediately after such disclosure. The Market Price Change represents the percentage change from (T-1) to (T+1).
Award Timing MNPI Considered false
Award Timing, How MNPI Considered We have not timed the disclosure of material non-public information (“MNPI”) for the purpose of affecting the value of executive compensation and the Board and the Talent and Compensation Committee do not take MNPI into account when determining the timing and terms of awards.Similar to 2024, the Talent and Compensation Committee approved the dollar value of
MNPI Disclosure Timed for Compensation Value false
Awards Close in Time to MNPI Disclosures, Table
Name
Grant Date
Number of Shares
(#)
Exercise Price
($)
Grant Date Fair Value
($)
Closing Price (T-1)(1)
($)
Closing Price (T+1)(1)
($)
Market Price Change(1)
(%)
Jim A. Swanson
2/28/202511,70486.84225,01991.0086.84
-4.57
Peter J. Bragdon
2/28/202510,54186.84202,65991.0086.84
-4.57
Joseph P. Boyle
2/28/202533,80986.84650,00591.0086.84
-4.57
Lisa A. Kulok
2/28/20256,28186.84120,75791.0086.84
-4.57
(1)The Company filed Form 10‑K containing MNPI on February 27, 2025. T‑1 reflects the closing price on the trading day immediately prior to filing of the 10‑K containing MNPI. T+1 reflects the closing price on the trading day immediately after such disclosure. The Market Price Change represents the percentage change from (T-1) to (T+1)
Swanson [Member]  
Awards Close in Time to MNPI Disclosures  
Name Jim A. Swanson
Underlying Securities | share 11,704
Exercise Price | $ / shares $ 86.84
Fair Value as of Grant Date | $ $ 225,019
Bragdon [Member]  
Awards Close in Time to MNPI Disclosures  
Name Peter J. Bragdon
Underlying Securities | share 10,541
Exercise Price | $ / shares $ 86.84
Fair Value as of Grant Date | $ $ 202,659
Boyle [Member]  
Awards Close in Time to MNPI Disclosures  
Name Joseph P. Boyle
Underlying Securities | share 33,809
Exercise Price | $ / shares $ 86.84
Fair Value as of Grant Date | $ $ 650,005
Kulok [Member]  
Awards Close in Time to MNPI Disclosures  
Name Lisa A. Kulok
Underlying Securities | share 6,281
Exercise Price | $ / shares $ 86.84
Fair Value as of Grant Date | $ $ 120,757