other material
confidence high
sentiment neutral
materiality 0.50
DLH Holdings modifies executive incentive compensation, grants performance and time-based RSUs
DLH Holdings Corp.
- CEO Zachary Parker granted 55,283 performance RSUs and 55,282 time-based RSUs; other executives receive only performance RSUs.
- Performance targets weighted equally: 30% revenue growth over FY2022 (ex-acquisitions) and stock price target of $33.21 (225% increase).
- RSUs vest over three-year period ending Sept 30, 2025; threshold, target, and maximum payouts at 80%, 100%, and 125%.
- CEO target at 200% of base salary; other executives at 75% of base salary.
- Time-based RSUs for CEO designed for long-term retention; all subject to recoupment and accelerated vesting conditions.