other material
confidence medium
sentiment neutral
materiality 0.55
BayCom Corp adopts 2026 Performance Stock Unit Program for senior executives
BayCom Corp
- PSUs vest when stock price meets threshold for 20 consecutive trading days; settlement 50% stock, 50% cash on 3rd anniversary.
- Initial PSU awards granted to executive officers; threshold price and grant numbers not disclosed.
- Banked PSUs earn dividend equivalent units; forfeiture on termination except for death, disability, or involuntary without cause.
- Awards subject to clawback under Dodd-Frank and company recoupment policy.