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TRACTOR SUPPLY CO /DE/

TSCO · FY2025

MISALIGNED

CEO Package

$32.3M

Pay Ratio

Harry A. Lawton III

Pay rose +174% while TSR fell -29.1 pts

SHERWIN WILLIAMS CO

SHW · FY2025

MISALIGNED

CEO Package

$14.9M

Pay Ratio

Heidi G. Petz

Pay rose +14.8% while TSR fell -13.7 pts

FASTENAL CO

FAST · FY2025

MISALIGNED

CEO Package

$4.2M

Pay Ratio

Daniel L. Florness

Pay outran TSR by +146 pts

CEO Total Compensation — All Companies

TSCO$32.3MSHW$14.9MFAST$4.2M

All values are grant-date fair value as reported in proxy statements.

Key Differences

The fastest way to read this comparison before dropping into the tables.

TSCO carries the largest package at $32.3M, about 7.7x FAST.
TSCO is the most equity-heavy package, while FAST leans hardest on non-equity incentive compensation.

Pay Component Breakdown

Latest CEO package mix by company. This stays on the CEO package even if the chart above is showing Top 5 pay.

TSCO

Harry A. Lawton III

$32.3M

base salary4%
stock awards83%
option awards7%
non-equity incentive compensation5%
other compensation0%

SHW

Heidi G. Petz

$14.9M

base salary9%
stock awards43%
option awards29%
non-equity incentive compensation16%
other compensation3%

FAST

Daniel L. Florness

$4.2M

base salary18%
option awards21%
non-equity incentive compensation61%
other compensation0%

Quick Comparison

CompanyCEOLatest YearTotal Comp
TRACTOR SUPPLY CO /DE/(TSCO)Harry A. Lawton III2025$32.3M
SHERWIN WILLIAMS CO(SHW)Heidi G. Petz2025$14.9M
FASTENAL CO(FAST)Daniel L. Florness2025$4.2M

Note: All compensation values shown are grant-date fair value as reported in proxy statements. Direct comparisons should account for differences in company size, industry, and compensation structure.

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