MKS INC — Form 10-Q
Filed August 6, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 22/100
What the filing says
MKS Inc. amended and restated the employment agreement of Renee Donlan, effective June 1, 2026, promoting her to Executive Vice President, General Counsel and Chief Compliance Officer. Her compensation includes: $480,000 annual base salary; 70% bonus target (up from 50%); a 2027 equity award target of $775,000 (50% time-based, 50% performance-based RSUs); and a promotion equity award of $306,000 in time-based RSUs vesting in three equal annual installments. Severance provisions include 12 months base salary for ordinary severance and 1.5× base salary plus 1.5× target bonus for enhanced severance (within 24 months of a Change in Control). Non-compete obligation extends 12 months post-employment (or 24 months if employee breaches fiduciary duty), worldwide.
Why this rating
Routine executive promotion/employment agreement amendment. Total annual direct comp (~$816K base+bonus) and one-time equity (~$1.08M) are immaterial relative to $6.7B market cap (~0.016% annually). Standard legal documentation.
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