leadership
confidence high
sentiment neutral
materiality 0.45
Radiant Logistics amends executive incentive plan; adds performance units for officers, quarterly EBITDA-based cash pool
RADIANT LOGISTICS, INC
- Board approved amended Management Incentive Compensation Plan effective July 1, 2021 on Sept 27, 2021.
- Quarterly cash awards tied to adjusted EBITDA pool; payouts based on individual MBO achievement (50% minimum threshold).
- Restricted stock unit awards vest on three-year anniversary of grant date.
- New performance unit awards for executive officers vest based on three-year company/individual goals.
- Plan emphasizes variable cost-based pay-for-performance structure aligned with scalable business model.