other
confidence high
sentiment neutral
materiality 0.50
Regional Management Corp. grants LTIP awards to NEOs; Beck gets $3M in PRSUs and RSUs
Regional Management Corp.
- PRSU grant values: Beck $1,500,000; Rana $445,000; Fisher $337,500; Parmar $272,500.
- PRSUs vest based on cumulative TSR from June 3, 2024 to June 3, 2027; payout 0%-150% of target.
- Excluding Beck, each NEO received restricted stock of same grant value vesting 1/3 annually on Dec 31, 2024-2026.
- Beck also received $1,500,000 in RSUs vesting 1/3 annually on Dec 31, 2024-2026.
- All awards are under the 2024 Long-Term Incentive Plan and subject to continued employment.