other material
confidence high
sentiment neutral
materiality 0.30
Shoe Carnival sets FY2024 bonus targets and grants equity awards to executives
SHOE CARNIVAL INC
- Bonus for FY2024 based on operating income; threshold pays 25% of target, maximum 175%; can be reduced by individual performance.
- CEO Mark Worden receives 51,263 target PSUs and 34,175 RSUs; other named execs also receive awards.
- PSUs vest March 31, 2027 based on FY2024 EPS; RSUs vest 50% on each March 31, 2026 and 2027.
- Wayne Weaver and Clifton Sifford will not participate in the FY2024 executive bonus plan.