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Companies Hillman Solutions Corp.

Hillman Solutions (HLMN): executive pay, fiscal 2025

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CEO total pay$3,716,231CEO Jon Michael Adinolfi · source
Say-on-pay support98.52%Latest vote · source
CEO vs. named peers1st pct.Of 18 peer CEOs
CEO pay ratio84:1To the median employee · source

CEO pay, last three years

  • $4,006,358FY2023
  • $1,749,703FY2024
  • $3,716,231FY2025

CEO total pay was $3,716,231 in fiscal 2025, up from $1,749,703 in fiscal 2024.

FY2025: salary $692,308 · bonus $0 · stock awards $2,000,000 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Hillman Solutions Corp. in fiscal 2025?
As disclosed, Jon Michael Adinolfi (President and Chief Executive Officer) was the highest-paid executive at Hillman Solutions Corp. in fiscal 2025, with total compensation of $3,716,231.
How does Hillman Solutions Corp.'s chief executive pay compare to its disclosed peer group?
As disclosed, Jon Michael Adinolfi's total compensation ranked at the 1st percentile of Hillman Solutions Corp.'s disclosed peer group.
What is Hillman Solutions Corp.'s CEO-to-median employee pay ratio?
As disclosed, Hillman Solutions Corp.'s CEO-to-median employee pay ratio was 84:1.
How did shareholders vote on Hillman Solutions Corp.'s executive compensation?
As disclosed, 98.52% of shareholders supported Hillman Solutions Corp.'s executive compensation in the latest say-on-pay vote.
How much does Hillman Solutions Corp. spend in total on board compensation for fiscal 2025?
As disclosed, Hillman Solutions Corp. reported total board compensation of $1,796,976 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Jon Michael Adinolfi$692,308$0$2,000,000$0$1,004,500$0$19,423$3,716,231
President and Chief Executive Officer
Douglas Cahill800,00001,399,99201,148,000025,3753,373,367
Executive Chairman
Scott Ride385,8620877,778212,568121,3600693,0212,290,589
President, Hillman Canada
Robert Kraft500,0000750,0000538,125025,0521,813,177
CFO and Treasurer
Robert Davis400,00063,000399,9920287,000023,0841,173,076
EVP, Global Supply Chain
Brett Hillman325,00010,563399,9920233,187017,004985,746
EVP, Sales
Amanda Kitzberger346,5390349,9980249,149019,066964,752
Chief Legal Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Jon Michael Adinolfi$3,716,231$1,749,703$4,006,358↑ +1,966,528
Douglas Cahill3,373,3674,351,2303,642,885↓ −977,863
Scott Ride2,290,589860,188897,086↑ +1,430,401
Robert Kraft1,813,1773,251,3101,494,697↓ −1,438,133
Robert Davis1,173,076———
Brett Hillman985,746———
Amanda Kitzberger964,752———

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

The objective of our corporate compensation and benefits program is to establish and maintain competitive total compensation programs that will attract, motivate, and retain the qualified and skilled workforce necessary for the continued success of our business.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantPearl Meyer
Clawback policy—
Anti-hedging—
Anti-pledging—
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Douglas CahillRSU2025-03-07——146,596—$1,399,992
Jon Michael AdinolfiPSU2025-03-0752,356104,712—209,4241,000,000
Jon Michael AdinolfiRSU2025-03-07——104,712—1,000,000
Robert DavisPSU2025-03-0710,47120,942—41,884199,996
Robert DavisRSU2025-03-07——20,942—199,996
Brett HillmanPSU2025-03-0710,47120,942—41,884199,996
Brett HillmanRSU2025-03-07——20,942—199,996
Amanda KitzbergerPSU2025-03-079,16218,324—36,648174,994
Amanda KitzbergerRSU2025-03-07——18,324—174,994
Robert KraftPSU2025-03-0719,63439,267—78,534375,000
Robert KraftRSU2025-03-07——39,267—375,000

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Douglas Cahill$1,399,992$0$00.0%
Jon Michael Adinolfi1,000,0001,000,000050.0%
Robert Davis199,996199,996050.0%
Brett Hillman199,996199,996050.0%
Amanda Kitzberger174,994174,994050.0%
Robert Kraft375,000375,000050.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Jon Michael AdinolfiRSU8,731—$79,365
Amanda KitzbergerOption9,5029.94—
Jon Michael AdinolfiOption10,4418.59—
Amanda KitzbergerRSU12,716—115,588
Scott RideRSU13,961—126,905
Amanda KitzbergerRSU16,533—150,285
Scott RideOption16,7239.94—
Jon Michael AdinolfiOption17,1039.94—
Amanda KitzbergerRSU18,324—166,565
Amanda KitzbergerOption19,4058.77—
Amanda KitzbergerOption20,6169.83—
Robert DavisRSU20,942—190,363
Brett HillmanRSU20,942—190,363
Robert KraftOption22,8049.94—
Brett HillmanRSU22,805—207,297
Scott RideRSU22,805—207,297
Brett HillmanRSU25,432—231,177
Scott RideRSU25,432—231,177
Scott RideOption26,7658.77—
Jon Michael AdinolfiRSU34,207—310,942
Amanda KitzbergerPSU36,648—333,130
Jon Michael AdinolfiRSU38,148—346,765
Robert KraftRSU38,148—346,765
Robert KraftRSU39,267—356,937
Jon Michael AdinolfiOption40,1488.77—
Robert DavisPSU41,884—380,726
Brett HillmanPSU41,884—380,726
Robert KraftRSU42,759—388,679
Robert KraftOption50,1848.77—
Jon Michael AdinolfiOption61,8489.83—
Robert KraftOption61,8489.83—
Douglas CahillOption68,4109.94—
Robert KraftPSU78,534—713,874
Jon Michael AdinolfiRSU104,712—951,832
Douglas CahillRSU114,445—1,040,305
Douglas CahillRSU121,721—1,106,444
Douglas CahillOption142,8598.77—
Douglas CahillRSU146,596—1,332,558
Robert KraftRSU157,894—1,435,256
Douglas CahillOption185,5469.83—
Jon Michael AdinolfiPSU209,424—1,903,664
Jon Michael AdinolfiRSU291,036—2,645,517
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Daniel O'LearyIndependent · Lead Independent Director · Nominating · Audit$100,000$139,997———$239,997
Philip K. WoodliefIndependent · Audit (Chair)95,000139,997———234,997
Aaron P. JagdfeldIndependent · Compensation (Chair)92,000139,997———231,997
David A. OwensIndependent · Nominating (Chair)90,000139,997———229,997
Teresa GendronIndependent · Audit75,000139,997———214,997
John SwygertIndependent · Audit75,000139,997———214,997
Diane HondaIndependent · Compensation75,000139,997———214,997
Diana DowlingIndependent · Compensation · Nominating · ESG75,000139,997———214,997
Douglas J. CahillEmployee director · Board Chair—————0
Jon Michael AdinolfiEmployee director—————0

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$140,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 17,000 / 15,000
Stock ownership guideline$3

Total cost of the board

ComponentFY2025
Cash retainers and fees$677,000
Equity awards (grant-date value)$1,119,976
All other compensation$0
Total cost of the board$1,796,976

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Hillman Solutions as a peer

Companies that benchmark against HLMN

4 companies name HLMN as a compensation peer

Each company listed discloses HLMN in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named HLMN in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Peer reciprocity

The companies Hillman Solutions Corp. names as compensation peers that name it back in their own disclosed peer groups.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Griffon Corporation2025Ronald Kramer$1,286,463$6,427,488$0$7,881,704$17,515,575
2Spectrum Brands Holdings, Inc.2025David Maura900,0006,750,0040907,2008,757,036
3Armstrong World Industries, Inc.2025Victor Grizzle1,000,0005,599,53201,584,0008,537,000
4Simpson Manufacturing Co., Inc.2025Michael Olosky950,0005,383,38401,389,7137,768,355
5Yeti Holdings, Inc.2025Matthew Reintjes1,057,3085,500,18701,126,0337,697,528
6Dorman Products, Inc.2025Kevin Olsen970,1924,206,02401,522,9506,745,783
7Trex Company, Inc.2025Bryan Fairbanks950,0003,836,050676,9501,074,1466,582,168
8Pool Corporation2025Peter Arvan900,0004,624,9420912,4236,514,002
9Floor & Decor Holdings, Inc2025Bradley Paulsen612,3083,700,0000528,6056,445,144
10The Azek Company Inc.2024Jesse Singh850,6283,140,196900,0161,365,0306,339,248
11Jeld-WEN Holding, Inc.2025William Christensen1,060,7842,300,8902,284,066621,4736,283,343
12SiteOne Landscape Supply, Inc.2025Doug Black970,6734,199,8640984,9306,177,856
13American Woodmark Corporation2025M. Scott Culbreth957,5773,208,4460696,3504,886,047
14Gibraltar Industries, Inc.2025William Bosway908,2693,202,4400274,5004,731,001
15Hillman Solutions Corp.2025Jon Michael Adinolfi692,3082,000,00001,004,5003,716,231
—Lumber Liquidators Holdings, Inc.——————not in coverage universe
—Leslie's, Inc.——————not in coverage universe

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Hillman Solutions Corp.not disclosednot disclosednot disclosedPearl Meyer
American Woodmark Corporation60.75%RSU 50 · PSU 50NoMeridian Compensation Partners
Armstrong World Industries, Inc.not disclosedRSU 50 · PRSU 50not disclosedAon
Dorman Products, Inc.142%RSU 50 · PRSU 50NoMeridian Compensation Partners, LLC
Floor & Decor Holdings, Inc86.3%RSU 50 · PSU 50NoKorn Ferry
Gibraltar Industries, Inc.25%PSU 64 · RSU 36NoWTW
Griffon Corporationnot disclosedPRSU 100not disclosedGallagher Human Resources and Compensation Consulting
Jeld-WEN Holding, Inc.42%PSU 50 · RSU 25 · Options 25NoPay Governance
Leslie's, Inc.not disclosednot disclosednot disclosednot disclosed
Lumber Liquidators Holdings, Inc.not disclosednot disclosednot disclosednot disclosed
Pool Corporationnot disclosedRSU 50 · PRSU 50not disclosedMeridian Compensation Partners
Simpson Manufacturing Co., Inc.not disclosednot disclosednot disclosednot disclosed
SiteOne Landscape Supply, Inc.not disclosedRSU 50 · PSU 50not disclosedFW Cook
Spectrum Brands Holdings, Inc.not disclosedPSU 70 · RSU 30NoWTW
The Azek Company Inc.not disclosedPSU 50 · RSU 25 · Option 25not disclosedFrederic W. Cook & Co., Inc.
Trex Company, Inc.not disclosednot disclosednot disclosedKorn/Ferry International
Yeti Holdings, Inc.71.0%PBRSU 75 · RSU 25Yes — Relative Total Stockholder Return (TSR)FW Cook

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-04163,017,6002,441,99817,70198.52%Passed
20252025-06-03167,697,6603,145,46621,53498.16%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20262026-06-0498.52%a
20252025-06-0398.16%b

a. Voting standard not stated in the filing.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on the outcome of this Proposal.”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

CEO pay ratio

Ratio (CEO : median employee)84 : 1
CEO total compensation$3,716,231
Median employee compensation$44,361
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (50 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, Jon Michael Adinolfi. DEF 14A, filed 2026-04-22. Section “Executive Compensation Tables” · page 40. As printed: 3,716,231. View filing ↗
  • Section 01, Douglas Cahill. DEF 14A, filed 2026-04-22. Section “Executive Compensation Tables” · page 40. As printed: 3,373,367. View filing ↗
  • Section 01, Scott Ride. DEF 14A, filed 2026-04-22. Section “Executive Compensation Tables” · page 40. As printed: 2,290,589. View filing ↗
  • Section 01, Robert Kraft. DEF 14A, filed 2026-04-22. Section “Executive Compensation Tables” · page 40. As printed: 1,813,177. View filing ↗
  • Section 01, Robert Davis. DEF 14A, filed 2026-04-22. Section “Executive Compensation Tables” · page 40. As printed: 1,173,076. View filing ↗
  • Section 01, Brett Hillman. DEF 14A, filed 2026-04-22. Section “Executive Compensation Tables” · page 40. As printed: 985,746. View filing ↗
  • Section 01, Amanda Kitzberger. DEF 14A, filed 2026-04-22. Section “Executive Compensation Tables” · page 40. As printed: 964,752. View filing ↗
  • Section 03, Douglas Cahill RSU. DEF 14A, filed 2026-04-22. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Jon Michael Adinolfi PSU. DEF 14A, filed 2026-04-22. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Jon Michael Adinolfi RSU. DEF 14A, filed 2026-04-22. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Robert Davis PSU. DEF 14A, filed 2026-04-22. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Robert Davis RSU. DEF 14A, filed 2026-04-22. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Brett Hillman PSU. DEF 14A, filed 2026-04-22. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Brett Hillman RSU. DEF 14A, filed 2026-04-22. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Amanda Kitzberger PSU. DEF 14A, filed 2026-04-22. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Amanda Kitzberger RSU. DEF 14A, filed 2026-04-22. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Robert Kraft PSU. DEF 14A, filed 2026-04-22. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Robert Kraft RSU. DEF 14A, filed 2026-04-22. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-04-22. Section “CEO Pay Ratio”. As printed: 84 : 1. View filing ↗
  • Section 08, Daniel O'Leary. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 239,997. View filing ↗
  • Section 08, Philip K. Woodlief. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 234,997. View filing ↗
  • Section 08, Aaron P. Jagdfeld. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 231,997. View filing ↗
  • Section 08, David A. Owens. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 229,997. View filing ↗
  • Section 08, Teresa Gendron. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 214,997. View filing ↗
  • Section 08, John Swygert. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 214,997. View filing ↗
  • Section 08, Diane Honda. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 214,997. View filing ↗
  • Section 08, Diana Dowling. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 214,997. View filing ↗
  • Section 08, Douglas J. Cahill. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 08, Jon Michael Adinolfi. DEF 14A, filed 2026-04-22. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-06-05. Item 5.07 · say-on-pay result. As reported: 98.52% (votes for as printed: 163,017,600). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-06-03. Item 5.07 · say-on-pay result. As reported: 98.16% (votes for as printed: 167,697,660). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 677,000 + equity 1,119,976 + all other 0 = 1,796,976, summed across the director compensation table rows.
  • Griffon Corporation, Section 10b CEO total. DEF 14A, filed 2026-01-09. CEO total compensation as printed in Griffon Corporation's own proxy. As printed: 17,515,575. View filing ↗
  • Spectrum Brands Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-06-26. CEO total compensation as printed in Spectrum Brands Holdings, Inc.'s own proxy. As printed: 8,757,036. View filing ↗
  • Armstrong World Industries, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Armstrong World Industries, Inc.'s own proxy. As printed: 8,537,000. View filing ↗
  • Simpson Manufacturing Co., Inc., Section 10b CEO total. DEF 14A, filed 2026-03-24. CEO total compensation as printed in Simpson Manufacturing Co., Inc.'s own proxy. As printed: 7,768,355. View filing ↗
  • Yeti Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Yeti Holdings, Inc.'s own proxy. As printed: 7,697,528. View filing ↗
  • Dorman Products, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-06. CEO total compensation as printed in Dorman Products, Inc.'s own proxy. As printed: 6,745,783. View filing ↗
  • Trex Company, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-16. CEO total compensation as printed in Trex Company, Inc.'s own proxy. As printed: 6,582,168. View filing ↗
  • Pool Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Pool Corporation's own proxy. As printed: 6,514,002. View filing ↗
  • Floor & Decor Holdings, Inc, Section 10b CEO total. DEF 14A, filed 2026-03-23. CEO total compensation as printed in Floor & Decor Holdings, Inc's own proxy. As printed: 6,445,144. View filing ↗
  • The Azek Company Inc., Section 10b CEO total. DEF 14A, filed 2025-01-13. CEO total compensation as printed in The Azek Company Inc.'s own proxy. As printed: 6,339,248. View filing ↗
  • Jeld-WEN Holding, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-12. CEO total compensation as printed in Jeld-WEN Holding, Inc.'s own proxy. As printed: 6,283,343. View filing ↗
  • SiteOne Landscape Supply, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in SiteOne Landscape Supply, Inc.'s own proxy. As printed: 6,177,856. View filing ↗
  • American Woodmark Corporation, Section 10b CEO total. DEF 14A, filed 2025-06-25. CEO total compensation as printed in American Woodmark Corporation's own proxy. As printed: 4,886,047. View filing ↗
  • Gibraltar Industries, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-06. CEO total compensation as printed in Gibraltar Industries, Inc.'s own proxy. As printed: 4,731,001. View filing ↗
  • Hillman Solutions Corp. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in Hillman Solutions Corp.'s own proxy. As printed: 3,716,231. View filing ↗
  • Section 10a, American Woodmark Corporation reciprocity. DEF 14A. American Woodmark Corporation names Hillman Solutions Corp. in its own disclosed peer group (read from its most recent proxy). View filing ↗
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