Purple amended CEO Robert T. DeMartini’s employment agreement to provide a $1,000,000 incremental cash bonus with staged vesting and modified RSU/PSU vesting treatment upon retirement.
| IndividualRobert T. DeMartini | RoleChief Executive Officer | Type of ChangeAmendment to employment agreement (compensatory amendment) | Effective DateJuly 4, 2026 | ReasonNot disclosed | Replacement InfoNot disclosed | Background DetailsEligible for $1,000,000 incremental cash bonus vesting 10% on Oct 31, 2026; 20% on Feb 28, 2027; 70% on Jun 30, 2027, subject to continued employment and restrictions | Board/Committee Role ChangesNot disclosed |
Original SEC Filing:
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