Ziff Davis, Inc. (ZD) has issued an update.
On March 6, 2024, Ziff Davis, Inc.’s Compensation Committee introduced a new performance-based stock unit agreement under their 2015 Stock Option Plan, alongside a fresh allocation of performance stock units (PSUs) to four executive officers. These PSUs are designed to vest based on the achievement of specific shareholder return goals over three years, with a transitional two-year period allowing for shorter-term vesting to maintain executive compensation continuity as the company shifts to a longer-term incentive model.
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