Filing Analysis
JELD-WEN Holding, Inc. filed an 8-K to announce the release of its financial results for the second quarter ended June 27, 2026. The filing serves as a formal notice that earnings data is being furnished via press release and an upcoming investor webcast.
📋 Key Facts
- Reporting period: Second Quarter ended June 27, 2026.
- Filing date: August 3, 2026.
- Earnings presentation/webcast scheduled for August 4, 2026.
- Financial results furnished via Exhibit 99.1 (Press Release).
JELD-WEN Holding, Inc. announced its financial results for the first quarter ended March 28, 2026, and scheduled an earnings call for the following day. The filing includes the press release and a reference to an investor presentation available on the company's website.
📋 Key Facts
- Financial results reported for the first quarter ended March 28, 2026.
- Earnings call and webcast scheduled for May 5, 2026.
- The report was signed by Samantha L. Stoddard, Executive Vice President and Chief Financial Officer.
- Information was furnished under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure).
JELD-WEN Holding, Inc. reported the results of its 2026 Annual Meeting, where stockholders elected ten directors and ratified the company's independent auditor. Additionally, stockholders approved the 2026 Omnibus Equity Plan, which establishes a new share reserve for equity-based compensation.
📋 Key Facts
- Stockholders approved the 2026 Omnibus Equity Plan, which includes a share reserve of 3,000,000 shares.
- Ten directors were elected to one-year terms expiring at the 2027 Annual Meeting, including CEO William J. Christensen.
- PricewaterhouseCoopers LLP was ratified as the independent auditor for the 2026 fiscal year with 73,226,917 votes in favor.
- The meeting saw a high turnout with approximately 85.64% of eligible shares (73,916,623 shares) represented.
- A non-binding advisory vote on executive compensation was approved with approximately 92% of votes cast in favor (excluding broker non-votes).
JELD-WEN Holding, Inc. filed an 8-K to announce the release of its financial results for the fourth quarter and full fiscal year ended December 31, 2025.
📋 Key Facts
- The company announced financial results for Q4 and Full Year 2025 on February 17, 2026.
- Management is scheduled to hold an earnings call and webcast on February 18, 2026.
- Financial presentation materials are being made available via the company's Investor Relations website.
JELD-WEN Holding, Inc. announced the appointment of Jeffrey Embt as the new Chief Accounting Officer, effective January 5, 2026.
📋 Key Facts
- Jeffrey Embt appointed as Chief Accounting Officer on January 5, 2026.
- Embt previously served as CFO and CAO at Proterra LLC.
- Compensation includes a $375,000 base salary and a $50,000 sign-on bonus.
- Includes a one-time RSU award valued at $200,000 vesting over three years.
JELD-WEN Holding, Inc. announced its Q3 2025 financial results alongside a significant restructuring plan involving an 11% workforce reduction and a strategic review of its European operations.
🚩 Red Flags
- Significant workforce reduction (11%) suggests operational or cost pressures.
- Strategic review of the Europe business indicates potential divestiture or exit from that market.
📋 Key Facts
- Announced Q3 2025 financial results for the period ended September 27, 2025.
- Initiated '2025 Restructuring Plan' to reduce North America and Corporate workforce by ~11% (~850 employees).
- Estimated restructuring charges of $10 million to $20 million, primarily for severance and benefits.
- Restructuring charges expected to be recognized in Q4 2025 with completion by year-end.
- Commenced a comprehensive review of strategic alternatives for its Europe business.
Michael A. Leon is resigning from his position as Senior Vice President and Chief Accounting Officer, effective October 17, 2025. The company stated the departure is not due to any disagreements regarding financial reporting or accounting practices.
🚩 Red Flags
- Departure of a key finance executive (Chief Accounting Officer).
📋 Key Facts
- Michael A. Leon resigned as SVP and Chief Accounting Officer on September 24, 2025.
- Effective date of resignation: October 17, 2025.
- The departure is not related to any disagreement with the Company regarding financial reporting or accounting policies.
- Samantha L. Stoddard (EVP and CFO) will serve as interim principal accounting officer.
JELD-WEN Holding, Inc. filed an 8-K to announce its second quarter financial results for the period ended June 28, 2025. The filing serves as a formal notice of the earnings release and upcoming investor presentation.
📋 Key Facts
- Company announced Q2 2025 financial results on August 5, 2025.
- The reporting period ended June 28, 2025.
- An earnings call and webcast are scheduled for August 6, 2025.
- Financial results were released via press release (Exhibit 99.1).
JELD-WEN Holding, Inc. announced its financial results for the first quarter ended March 29, 2025. The filing serves as a formal notification of the earnings release and upcoming investor presentation.
📋 Key Facts
- Report date: May 5, 2025
- Reporting period: First quarter ended March 29, 2025
- Management to present results via webcast/earnings call on May 6, 2025
- Financial results furnished as Exhibit 99.1
JELD-WEN Holding, Inc. reported the results of its 2025 Annual Meeting of Stockholders held on April 24, 2025. The meeting included the election of directors, advisory votes on executive compensation, ratification of auditors, and approval of an amended equity plan.
📋 Key Facts
- Annual Meeting held on April 24, 2025; approximately 91.58% of shares entitled to vote were represented (78,178,392 shares).
- Stockholders approved the amended and restated 2017 Omnibus Equity Plan, increasing the share reserve by 2 million shares.
- All ten directors listed in the proxy statement were elected for one-year terms expiring in 2026.
- PricewaterhouseCoopers LLP was ratified as the independent auditor for 2025 with significant majority support (77,030,390 votes in favor).
- The non-binding advisory vote on executive compensation (Say-on-Pay) was approved by a substantial majority.
JELD-WEN Holding, Inc. entered into Amendment No. 8 to its existing Revolving Credit Agreement on March 26, 2025. The amendment primarily extends the maturity date of the debt and updates interest rate benchmarks for Canadian Dollar loans.
🚩 Red Flags
- None identified; this is a standard refinancing/extension of existing credit terms.
📋 Key Facts
- Amendment No. 8 to the existing Revolving Credit Agreement was executed on March 26, 2025.
- The maturity date of the credit facility is extended from July 2026 to March 2028.
- Replaced Canadian Dealer Offered Rate (CDOR) with the Canadian Overnight Repo Rate Average (CORRA) for CAD-denominated loans.
- Administrative Agent: Wells Fargo Bank, National Association.
JELD-WEN Holding, Inc. filed an 8-K to announce its financial results for the fourth quarter and full year ended December 31, 2024. The filing serves as a formal notification of the earnings release and upcoming investor presentation.
📋 Key Facts
- Reported date of earliest event: February 17, 2025.
- The company issued a press release regarding Q4 and full-year 2024 financial results on February 17, 2025.
- Management is scheduled to present information via an earnings call and webcast on February 18, 2025.
- Financial results are available through the company's Investor Relations website.
JELD-WEN Holding, Inc. announced the approval of its 2025 Management Incentive Plan (MIP) by the Compensation Committee on February 5, 2025. The plan is designed to align executive and key personnel interests with stockholder value through performance-based cash bonuses.
📋 Key Facts
- The 2025 Management Incentive Plan (MIP) was approved on February 5, 2025.
- The MIP is substantially similar to the previous version of the plan.
- Awards are based on corporate and individual performance metrics determined by the Committee.
- Annual cash bonus awards are capped at 200% of the participant's target award.
- The Compensation Committee retains authority to adjust or modify terms due to extraordinary or nonrecurring events.
JELD-WEN Holding, Inc. has completed the sale of its Towanda, Pennsylvania business and related assets to Woodgrain Inc. for a total purchase price of $115 million.
🚩 Red Flags
- Transaction was completed via a U.S. District Court order, suggesting potential legal or restructuring involvement regarding this specific asset/subsidiary.
📋 Key Facts
- Transaction effective date: January 17, 2025
- Asset being sold: Towanda, Pennsylvania business and related assets
- Purchaser: WG Towanda LLC (a subsidiary of Woodgrain Inc.)
- Purchase price: $115 million, subject to customary closing adjustments
- The sale was executed pursuant to a court order from the U.S. District Court for the Eastern District of Virginia.
JELD-WEN Holding, Inc. announced the retirement of Kevin Lilly, Executive Vice President, Global Transformation, effective January 3, 2025.
📋 Key Facts
- Kevin Lilly retired from his role as EVP, Global Transformation on January 3, 2025.
- The departure is pursuant to a Separation and Release Agreement related to his previously announced retirement.
- Lilly will receive separation payments/benefits for a qualifying termination per his employment agreement.
- Lilly's RSUs, PSUs, and stock options granted on Feb 16, 2022; Feb 14, 2023; and Feb 6, 2024 will continue to vest as if he were still employed.
JELD-WEN Holding, Inc. has entered into an agreement to sell its Towanda, Pennsylvania business assets to Woodgrain Inc. for approximately $115 million. The sale is being conducted pursuant to a U.S. District Court order.
🚩 Red Flags
- The divestiture is being driven by a court order (U.S. District Court), indicating regulatory or legal pressure rather than purely strategic choice.
- Potential loss of operational segment/revenue stream in the Towanda region.
📋 Key Facts
- Sale of JW, Inc.'s (a subsidiary) Towanda, PA business and related assets to WG Towanda LLC/Woodgrain Inc.
- Transaction value: approximately $115 million, subject to adjustments.
- Expected closing date: as early as December 31, 2024.
- The sale is pursuant to an order from the U.S. District Court for the Eastern District of Virginia.
- JELD-WEN will provide technology related services for up to two years post-closing via a Transition Services Agreement.
- JELD-WEN will provide doorskins for three years post-closing via a Transition Supply Agreement.
JELD-WEN Holding, Inc. filed an 8-K to announce its third quarter financial results for the period ended September 28, 2024. The filing serves as a formal notification of the earnings release and upcoming investor presentation.
📋 Key Facts
- The company announced financial results for the third quarter ended September 28, 2024.
- A press release containing the detailed financial results was issued on November 4, 2024 (Exhibit 99.1).
- Management is scheduled to present information during an earnings call and webcast on November 6, 2024.
- The filing includes a reference to investor presentation materials available on the company's website.
JELD-WEN Holding, Inc. announced the retirement of Kevin Lilly, Executive Vice President, Global Transformation. Mr. Lilly's departure is scheduled to be effective January 3, 2025.
📋 Key Facts
- Kevin Lilly (EVP, Global Transformation) notified the company of his decision to retire on October 25, 2024.
- The retirement transition period lasts until January 3, 2025.
- The filing explicitly states the retirement is not related to any disagreements with the Company regarding operations, policies, or practices.
JELD-WEN Holding, Inc. closed a $350 million private offering of 7.000% senior unsecured notes due 2032. The proceeds are intended to refinance existing debt and repay portions of the company's term loan facility.
🚩 Red Flags
- Increased cost of debt: The new notes carry a 7.000% coupon, which is significantly higher than the 4.625% rate on the notes being redeemed.
- Refinancing risk/Debt maturity management: While extending maturities to 2032, the company is taking on more expensive capital.
📋 Key Facts
- Closed a private offering of $350 million in 7.000% senior unsecured notes due September 1, 2032.
- Proceeds will be used to redeem all outstanding 4.625% Senior Notes due 2025 on September 13, 2024.
- Proceeds will also fund partial repayment of the existing Term Loan Facility with Bank of America, N.A.
- The notes are senior unsecured obligations and rank pari passu with existing senior indebtedness.
- Includes a change of control repurchase right at 101% of principal plus accrued interest.
JELD-WEN Holding, Inc. has announced the pricing of a $350 million aggregate principal amount offering of senior notes due 2032. The announcement is made in accordance with Regulation FD.
📋 Key Facts
- Total aggregate principal amount: $350 million
- Security type: Senior Notes
- Maturity date: Due 2032
- Announcement date: August 8, 2024
- Pricing was previously announced and is now finalized.
JELD-WEN Holding, Inc. announced its intention to offer $350 million in aggregate principal amount of senior notes due 2032. The offering will be conducted via unregistered private placement under Rule 144A and Regulation S.
🚩 Red Flags
- Potential dilution or increased leverage depending on use of proceeds (though specific use is not detailed in this filing).
📋 Key Facts
- Intended offering amount: $350 million aggregate principal.
- Security type: Senior Notes.
- Maturity date: Due 2032.
- Offering method: Unregistered, conducted pursuant to Rule 144A and Regulation S.
- Announcement date: August 8, 2024.
JELD-WEN Holding, Inc. filed an 8-K to announce its second quarter financial results for the period ended June 29, 2024. The filing serves as a formal notice of the earnings release and upcoming investor presentation.
📋 Key Facts
- Financial results for Q2 (ended June 29, 2024) were announced on August 5, 2024.
- An earnings call and webcast are scheduled for August 6, 2024.
- The company's investor presentation is available via their official Investor Relations website.
JELD-WEN Holding, Inc. announced the resignation of CFO Julie Albrecht and the appointment of Samantha Stoddard as her successor, effective July 1, 2024.
🚩 Red Flags
- None identified; the departure was characterized as personal/professional interest rather than a disagreement with company practices.
📋 Key Facts
- Julie Albrecht resigned as EVP and CFO on June 14, 2024, to pursue other personal and professional interests.
- Samantha Stoddard appointed as new EVP and CFO, effective July 1, 2024.
- Ms. Albrecht will serve in an advisory capacity for a period of time to ensure transition continuity.
- The company explicitly stated the resignation was not related to any disagreement regarding operations, financial reporting, policies, or practices.
- Samantha Stoddard's compensation includes a $525,000 base salary and various equity incentives (RSUs, options, PSUs).
- Ms. Stoddard is an internal promotee, currently serving as North America CFO and Head of FP&A.
JELD-WEN Holding, Inc. filed an 8-K to announce its financial results for the first quarter ended March 30, 2024. The filing serves as a formal notice of the earnings release and upcoming investor presentation.
📋 Key Facts
- The company reported financial results for the first quarter ended March 30, 2024.
- A press release was issued on May 6, 2024, containing the detailed results (Exhibit 99.1).
- Management scheduled an earnings call and webcast for May 7, 2024, to discuss the quarterly performance.
JELD-WEN Holding, Inc. has filed a motion in the U.S. District Court for the Eastern District of Virginia to vacate a court order requiring the divestiture of its Towanda operations and related assets. The company argues that changed market conditions make the forced sale no longer warranted.
🚩 Red Flags
- Ongoing litigation risk: There is no assurance that the motion to vacate the divestiture order will be granted.
- Operational uncertainty: If the motion fails, the company may still be forced to consummate the divestiture of Towanda operations.
📋 Key Facts
- On May 1, 2024, JELD-WEN filed a motion to modify an Amended Final Judgment in the U.S. District Court for the Eastern District of Virginia (Richmond Division).
- The motion seeks to vacate court orders requiring the divestiture of the company's Towanda operations and certain related assets.
- The company cites 'changed industry and market factors and conditions' as the basis for seeking relief from the divestiture requirement.
JELD-WEN Holding, Inc. held its Annual Meeting of Stockholders on April 25, 2024. The meeting resulted in the election of ten directors and the approval of several advisory proposals including Say-on-Pay and auditor ratification.
📋 Key Facts
- Annual Meeting held on April 25, 2024.
- 89.39% of shares entitled to vote were represented (76,855,517 shares).
- All ten proposed directors were elected for one-year terms expiring in 2025.
- Stockholders approved the 'Say-on-Pay' advisory vote with 72,516,191 votes in favor.
- Stockholders voted to hold Say-on-Pay votes every year (1 Year frequency).
- PricewaterhouseCoopers, LLP was ratified as the independent auditor for 2024.
JELD-WEN Holding, Inc. announced plans to close two manufacturing facilities in Vista, California, and Hawkins, Wisconsin, as part of a restructuring effort to improve operational efficiency.
🚩 Red Flags
- Significant one-time restructuring charges ($45M) impacting near-term earnings.
- Uncertainty regarding actual costs vs. estimates as noted in the forward-looking statements.
📋 Key Facts
- Total expected pre-tax restructuring expenses: approximately $45 million.
- Vista, CA closure: ~$21 million in pre-tax costs; expected annual pre-tax savings of at least $4 million; completion by end of 2024.
- Hawkins, WI closure (consolidating to Rantoul, IL): ~$24 million in pre-tax costs; expected annual pre-tax savings of at least $7 million; completion by Q1 2025.
- Total anticipated annual pre-tax income improvement: at least $11 million.
JELD-WEN Holding, Inc. announced a change in its Board of Directors involving the non-reelection of Suzanne Stefany and the appointment of Antonella B. Franzen.
🚩 Red Flags
- None identified; departure is explicitly stated as not being due to disagreements.
📋 Key Facts
- Suzanne Stefany notified the Board she will not stand for reelection at the 2024 Annual Meeting of Stockholders.
- The Company stated Ms. Stefany's decision is not due to any disagreement with the Company regarding operations, policies, or practices.
- Antonella B. Franzen was appointed to the Board effective March 1, 2024.
- The Board size will temporarily increase from ten to eleven directors and return to ten following Ms. Stefany's term expiration.
JELD-WEN Holding, Inc. filed an 8-K to announce its financial results for the fourth quarter and full year ended December 31, 2023. The filing serves as a formal notification of the earnings release and accompanying investor presentation.
📋 Key Facts
- Reported date: February 19, 2024
- Covers financial results for Q4 and Full Year ended December 31, 2023
- Management to present information via earnings call/webcast on February 20, 2024
- Financial presentation available on the company's Investor Relations website
JELD-WEN Holding, Inc. announced the Board of Directors' approval and adoption of its Fourth Amended and Restated Bylaws on February 6, 2024.
📋 Key Facts
- The Board approved the Fourth Amended and Restated Bylaws on February 6, 2024.
- Changes include clarification of disclosure requirements for stockholder notices regarding director nominations and business proposals.
- Bylaws incorporate Rule 14a-19(b) requirements under the Securities Exchange Act of 1934.
- Updates were made to reflect recent amendments to the General Corporation Law of the State of Delaware.
JELD-WEN Holding, Inc. entered into Amendment No. 8 to its existing Term Loan Credit Agreement on January 19, 2024. The amendment primarily focuses on reducing interest margins for certain loan types based on the company's credit rating.
📋 Key Facts
- Amendment No. 8 was executed on January 19, 2024.
- The applicable margin for Term SOFR Loans and ABR Loans was lowered by 0.25% for each pricing level.
- New Term SOFR Loan margins: 1.75% if rating is BB/Ba2 or better; otherwise 2.00%.
- New ABR Loan margins: 0.75% if rating is BB/Ba2 or better; otherwise 1.00%.
- All other material terms and conditions of the original Term Loan Agreement remain unchanged.