v3.26.1
Pay vs Performance Disclosure
12 Months Ended
Dec. 31, 2025
USD ($)
Pay vs Performance Disclosure  
Pay vs Performance Disclosure, Table
Year
Summary Compensation Table Total for PEO1
($)
Compensation Actually Paid to PEO1, 2, 3
($)
Average Summary Compensation Table Total for Non-PEO NEOs1
($)
Average Compensation Actually Paid to
Non-PEO NEOs1,2,3
($)
Value of Initial Fixed $100 Investment based on:4
Net Income
($ Millions)⁵
Company
Selected
Measure:
Adjusted EBITDA6
($ Millions)
Total Shareholder Return (“TSR”)
($)
Peer Group TSR
($)
2025$9,120,366$31,697,764$1,724,360$5,657,049$81.99$95.53$98.5$436.5
Company Selected Measure Name Adjusted EBITDA
Named Executive Officers, Footnote Michael D. Schoeb served as the Company’s PEO for 2025. The Company’s Non-PEO NEOs for 2025 were Dean Nolden, Jan Vleugels, Joseph Hainline, Bob Calver, and Cody Masluk.
Peer Group Issuers, Footnote The Peer Group TSR set forth in this table utilizes the S&P 1500 Household Durables Sub-Industry Index, which we also utilize in the stock performance graph required by Item 201(e) of Regulation S-K included in our Annual Report for the year ended December 31, 2025. The comparison assumes $100 was invested on the IPO date of October 9, 2025, through the end of the listed year in the Company and in the S&P 1500 Household Durables Sub-Industry Index,
respectively. Historical stock performance is not necessarily indicative of future stock performance.
PEO Total Compensation Amount $ 9,120,366
PEO Actually Paid Compensation Amount $ 31,697,764
Adjustment To PEO Compensation, Footnote Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards columns set forth in the Summary Compensation Table. The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following table:
Year
Summary Compensation Table Total for PEO
($)
Exclusion of Stock Awards and Option Awards for PEO
($)
Inclusion of Equity Values for PEO
($)
Compensation Actually Paid to PEO
($)
2025$9,120,366(6,815,448)29,392,84631,697,764
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:
Year
Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for PEO
($)
Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for PEO
($)
Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for PEO
($)
Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for PEO
($)
Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for PEO
($)
Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Included for PEO
($)
Total - Inclusion of
Equity Values for PEO
($)
20255,549,99423,842,85229,392,846
Non-PEO NEO Average Total Compensation Amount $ 1,724,360
Non-PEO NEO Average Compensation Actually Paid Amount $ 5,657,049
Adjustment to Non-PEO NEO Compensation Footnote Compensation Actually Paid reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with FASB ASC Topic 718. Amounts in the Exclusion of Stock Awards and Option Awards column are the totals from the Stock Awards and Option Awards columns set forth in the Summary Compensation Table. The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following table:
Year
Average Summary Compensation Table Total for Non-PEO NEOs
($)
Average Exclusion of Stock Awards and Option Awards for Non-PEO NEOs
($)
Average Inclusion of Equity Values for Non-PEO NEOs
($)
Average Compensation Actually Paid to Non-PEO NEOs
($)
20251,724,360(1,074,852)5,007,5415,657,049
The amounts in the Inclusion of Equity Values in the tables above are derived from the amounts set forth in the following tables:
Year
Average Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Non-PEO NEOs
($)
Average Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Non-PEO NEOs
($)
Average Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for Non-PEO NEOs
($)
Average Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Non-PEO NEOs
($)
Average Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Non-PEO NEOs
($)
Average Value of Dividends or Other Earnings Paid on Equity Awards Not Otherwise Included for Non-PEO NEOs
($)
Total - Average Inclusion of
Equity Values for Non-PEO NEOs
($)
2025596,391113,261876,0363,421,8535,007,541
Compensation Actually Paid vs. Total Shareholder Return The following chart sets forth the relationships between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEO’s, the cumulative TSR from our IPO date of October 9, 2025 through the end of the most recent fiscal year for the Company, and the S&P 1500 Household Durables Sub-Industry Index over the same period.
56881
Compensation Actually Paid vs. Net Income
The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and our net income during the most recently completed fiscal year.
57191
Compensation Actually Paid vs. Company Selected Measure
The following chart sets forth the relationship between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEOs, and our Adjusted EBITDA during the most recently completed fiscal year.
57511
Total Shareholder Return Vs Peer Group The following chart sets forth the relationships between Compensation Actually Paid to our PEO, the average of Compensation Actually Paid to our Non-PEO NEO’s, the cumulative TSR from our IPO date of October 9, 2025 through the end of the most recent fiscal year for the Company, and the S&P 1500 Household Durables Sub-Industry Index over the same period.
56881
Total Shareholder Return Amount $ 81.99
Peer Group Total Shareholder Return Amount 95.53
Net Income (Loss) $ 98,500,000
Company Selected Measure Amount 436,500,000
PEO Name Michael D. Schoeb
Additional 402(v) Disclosure Amounts reported in this column have been calculated in accordance with Item 402(v) of Regulations S-K and do not reflect compensation actually earned, realized, or received by the Company’s NEOs. These amounts reflect the Summary Compensation Table Total with certain adjustments as described in footnote 3 below.Our Net Income is measured from January 1, 2025.
Measure:: 1  
Pay vs Performance Disclosure  
Name Adjusted EBITDA
Non-GAAP Measure Description The Compensation Committee determined Adjusted EBITDA to be the most important financial performance measure used to link Company performance to Compensation Actually Paid to our PEOs and Non-PEO NEOs. For additional details regarding how this measure is calculated from the nearest GAAP counterpart in the Company’s audited financial statements and a reconciliation to the nearest GAAP counterpart, please see “Non-GAAP Financial Measures” in Item 7 of Part II of our Annual Report on Form 10-K for the fiscal year ended December 31, 2025. Adjusted EBITDA is measured from January 1, 2025.
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table  
Pay vs Performance Disclosure  
Adjustment to Compensation, Amount $ (6,815,448)
PEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table  
Pay vs Performance Disclosure  
Adjustment to Compensation, Amount 29,392,846
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested  
Pay vs Performance Disclosure  
Adjustment to Compensation, Amount 5,549,994
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested  
Pay vs Performance Disclosure  
Adjustment to Compensation, Amount 0
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year  
Pay vs Performance Disclosure  
Adjustment to Compensation, Amount 0
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year  
Pay vs Performance Disclosure  
Adjustment to Compensation, Amount 23,842,852
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year  
Pay vs Performance Disclosure  
Adjustment to Compensation, Amount 0
PEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year  
Pay vs Performance Disclosure  
Adjustment to Compensation, Amount 0
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table  
Pay vs Performance Disclosure  
Adjustment to Compensation, Amount (1,074,852)
Non-PEO NEO | Equity Awards Adjustments, Excluding Value Reported in Compensation Table  
Pay vs Performance Disclosure  
Adjustment to Compensation, Amount 5,007,541
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested  
Pay vs Performance Disclosure  
Adjustment to Compensation, Amount 596,391
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested  
Pay vs Performance Disclosure  
Adjustment to Compensation, Amount 113,261
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year  
Pay vs Performance Disclosure  
Adjustment to Compensation, Amount 876,036
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year  
Pay vs Performance Disclosure  
Adjustment to Compensation, Amount 3,421,853
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year  
Pay vs Performance Disclosure  
Adjustment to Compensation, Amount 0
Non-PEO NEO | Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year  
Pay vs Performance Disclosure  
Adjustment to Compensation, Amount $ 0