6 ms·

I assume the board needs to approve this. What is their motivation for doing so?

• ijijijjij 2y ago
  "Calhoun’s 2023 awards were designed to emphasize the importance of long-term shareholder value growth" He was awarded lots of shares that he can't cash out yet, apparently
  • PenguinCoder 2y ago
    His bonus was predicated on the value of shareholders return, and he met that metric. Thus he has _earned_ this payout. * *I personally think that is a bunch of BS. But that is how such is justified.
    • 3seashells 2y ago
      [dead]
    • ijijijjij 2y ago
      That's not how I understand it. They want him to make good decisions to make his shares' value go up for when he will be allowed to sell them. Which kind of make sense but I'm not sure.
• cozzyd 2y ago
  They tried to shut the door on it but...
• willcipriano 2y ago
  They are worried he will CEO a plane their family is on.