Yext ties CEO’s new stock option package to long-term share-price targets
Bitget2026/10/14 20:06- Yext's board approved a long-term performance equity package for CEO Michael Walrath, subject to stockholder approval.
- The package includes stock options to purchase up to 11,000,000 common shares.
- Vesting requires achieving and maintaining stock price targets from $21 to $88.08, alongside continuous service as CEO.
- The board intends the package to be Walrath's sole new equity compensation for the next ten years.
- Any additional equity awards during that period would require stock price targets above $88.08.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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