What changed in this filing

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Item 3. Legal Proceedings

2026-02-27 compared with 2025-02-27 · 31 added, 29 removed, 52 unchanged (54% of the section changed)

7 unchanged sentences

Olsen 54 President and Chief Executive Officer

Bashir 42 President, Heavy Duty

Borradaile 48 Senior Vice President, Strategy and Corporate Development

Bowen 57 Vice President, Chief Accounting Officer

Braun 52 Senior Vice President, General Counsel and Secretary

Darby 57 Senior Vice President, Sales and Marketing

Hession 56 Senior Vice President, Chief Financial Officer and Treasurer

Lindsay Hunt 39 President and Chief Executive Officer, Specialty Vehicles

Hession 57 Senior Vice President and Chief Financial Officer

Leff 54 Senior Vice President, Chief Human Resources Officer

Long 58 Senior Vice President, Chief Information Officer

Luftig 51 Senior Vice President, Product

McKnight 56 President, Heavy Duty

Tayfun Uner 52 President, Light Duty

Luftig 52 President, Light Duty

Pacheco 45 President, Specialty Vehicle

Porter 50 Senior Vice President, Chief Operations Officer

Rayfield 46 Senior Vice President, Chief Financial Officer Designate, and Treasurer

Olsen joined the Company in July 2016 as Senior Vice President and Chief Financial Officer.

6 unchanged sentences

Olsen is also a director of Twin Disc, Inc., a publicly traded international manufacturer and worldwide distributor of heavy-duty off-highway and marine power transmission equipment and related products.

Bashir joined the Company in December 2025 as President, Heavy Duty.

Prior to joining the Company, he worked for ZF Group, a technology manufacturing company that supplies systems for passenger cars, commercial vehicles, and industrial technology, where he served as Head of Sales U.S.

and Canada, from August 2025 to December 2025, and where he previously served as Head of CV Aftermarket, beginning in

Prior to that, Mr.

Bashir held roles of increasing responsibility with DRiV Incorporated, a leading designer, manufacturer and marketer of automotive products for aftermarket customers, beginning in September 2016, most recently serving as its Business Line Leader and General Manager, Braking.

Borradaile was appointed to serve as the Company’s Senior Vice President, Strategy and Corporate Development in February 2023.

2 unchanged sentences

Borradaile worked in the automotive, technology, and industrial manufacturing industries, including positions at Aptiv Plc (formerly Delphi Automotive Plc), a leading global technology and mobility architecture company primarily serving the automotive sector, TE Connectivity Ltd., a publicly traded global industrial technology leader, and various private equity companies.

Bowen was appointed to serve as the Company’s Vice President, Chief Accounting Officer in May 2025 after serving as the Company’s Vice President, Corporate Controller since joining the Company in August 2020.

Bowen joined the Company after serving as Senior Vice President and Chief Accounting Officer of CIRCOR International, Inc., a provider of products and services for the Industrial and Aerospace & Defense markets, since September 2019.

Bowen began his career at Ernst & Young LLP and is a Certified Public Accountant.

Braun joined the Company in April 2019 as Senior Vice President and General Counsel, and he was appointed Corporate Secretary in May 2019.

2 unchanged sentences

Prior to joining Avantor, he worked at Tyco International plc (now known as Johnson Controls International plc), a leading global provider of security, fire detection and suppression, and life safety products and services, where he served in positions of increasing responsibility, including, most recently, as Vice President, Mergers & Acquisitions.

Braun began his legal career in private practice at various law firms, where he advised public and private companies on mergers and acquisitions and securities and corporate governance matters.

Darby joined the Company in November 1998 as a National Account Manager.

He became Senior Vice President, Sales and Marketing in February 2011.

He previously held the positions of Group Vice President from 2008 to 2010 and Vice President of Sales – Traditional and Key Accounts from 2006 to 2008.

Prior to joining the Company, Mr.

Darby worked for Federal-Mogul Corporation/Moog Automotive, an automotive parts supplier, beginning in 1990 and held positions in sales and marketing management.

Braun began his legal career in private practice at various law firms, where he advised public and private companies on mergers and acquisitions, securities, and corporate governance matters.

Hession joined the Company in February 2019 and was appointed to serve as the Company’s Senior Vice President and Chief Financial Officer effective March 2019.

4 unchanged sentences

Hession also previously held positions with Tradeout, Inc., a business-to-business Internet exchange for surplus inventory and fixed assets, and Xylum Corporation, a development stage medical device manufacturer, and he performed management consulting work for Ernst & Young, LLP and Peterson Consulting LP.

Hunt joined the Company in October 2022 as President and Chief Executive Officer, Specialty Vehicles, in connection with the Company’s acquisition of Super ATV, LLC, a leading supplier to the powersports aftermarket (“SuperATV”).

Hunt most recently served as President and Chief Executive Officer of SuperATV, a role that she held beginning in April 2021.

Prior to that time, Ms.

Hunt served SuperATV in roles of increasing responsibility, including leadership positions in sales and marketing, new product development and operations.

Hunt joined SuperATV in 2009.

Leff joined the Company in April 2019 as Senior Vice President, Chief Human Resources Officer.

11 unchanged sentences

Long held roles of increasing responsibility within Unisource, including as its Chief Information Officer, and she previously was a Manager at Accenture plc, a professional services company.

Luftig joined the Company in December 2021 as Senior Vice President, Product.

Luftig joined the Company in December 2021 as Senior Vice President, Product, and was appointed President, Light Duty, in January 2026.

Previously, he was the founder and Managing Partner of EBL Consulting LLC, a provider of executive management and leadership consulting services, from June 2020 to December 2021.

3 unchanged sentences

Luftig served in various engineering, sales, and marketing roles for publicly and privately held companies, including General Electric, a leader in the power, renewable energy, aviation and healthcare industries, and Nordson Corporation, a designer and manufacturer of dispensing equipment for consumer and industrial adhesives, sealants and coatings.

McKnight joined the Company in November 2019 as Senior Vice President, Operations and on March 10, 2023, Mr.

McKnight was appointed President, Heavy Duty.

Prior to joining the Company, he served as Chief Operating Officer of Morgan Corporation, a leading producer of truck and van bodies in North America, from January 2019 to September 2019, and as Chief Operating Officer of Consolidated Glass Holdings, Inc., a holding company for architectural, security, and custom glass and metal fabrication businesses, from September 2017 to July 2018.

Prior to September 2017, Mr.

McKnight held various roles with the Colfax Corporation, a diversified global manufacturing and engineering company (“Colfax”), including most recently as Executive Director of its Howden Industrial Fans division.

Before Colfax, he held various leadership roles with Danaher, a designer, manufacturer, and marketer of professional, medical, industrial, and commercial products and services.

Tayfun Uner joined the Company in January 2025 as President, Light Duty.

Prior to joining the Company, he served as Senior Vice President of three business units of Newell Brands Inc., a global consumer goods company, from 2018 to 2024.

Prior to that, he served as the General Manager for Carlsberg Group, a worldwide brewery group, from 2012 to 2017, and prior to that as its Vice President, Group Strategy from 2008 to 2012.

Prior to that time, Mr.

Uner also held strategic positions with increasing responsibility at McKinsey & Company, a global management consulting firm, and The Procter & Gamble Company, a worldwide consumer goods company.

Pacheco joined the Company in September 2024 as Chief Operating Officer, Specialty Vehicles.

Pacheco was appointed President, Specialty Vehicle, effective May 2025.

Pacheco previously held senior management positions with Tenneco Inc., a provider of products for motor vehicle original equipment and aftermarket customers from 2014 to 2024, most recently as Vice President, General Manager, Noise Vibration Harshness, Performance Materials.

Prior to her time at Tenneco Inc., she held various roles within Johnson Controls.

Porter joined the Company as its Senior Vice President, Chief Operations Officer for the Company’s Light Duty and Heavy Duty segments in January 2026.

Beginning June 2024 and until he joined the Company, Mr.

Porter served as Senior Vice President, Chief Operations Officer, of ADI Global Distribution ("ADI"), a business segment of Resideo Technologies Inc.

and a global wholesale distributor of low-voltage products, including security and audio-visual solutions.

Prior to its acquisition by ADI, Mr.

Porter held roles of increasing responsibility at Snap One, LLC, then a publicly traded provider of smart-living products, services, and software to professional integrators, most recently as its Executive Vice President of Operations/Head of Supply Chain from January 2022 to June 2024, and as its Senior Vice President of Operations, from January 2020 to January 2022.

Rayfield joined the Company as its Senior Vice President, Chief Financial Officer Designate, and Treasurer in January 2026.

Most recently, he served as Chief Financial Officer of Lutron Electronics Corporation, a leading designer and manufacturer of lighting control and shading systems, lighting fixtures, and accessories for residential and commercial applications, since June 2023.

Prior to that, Mr.

Rayfield provided independent financial advisory services from November 2022 to June 2023, and he served as Chief Financial Officer of Knoll Inc., then a publicly traded company and a leading global manufacturer of commercial and residential furniture, accessories, lighting and coverings, from August 2017 to July 2021.

Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.

What changed 10-K

Item 3. Legal Proceedings