other
confidence high
sentiment neutral
materiality 0.25
Larimar grants performance-based PSUs to four top executives
Larimar Therapeutics, Inc.
- CEO Carole Ben-Maimon receives 100,000 PSUs tied to regulatory milestones.
- CFO Michael Celano gets 50,000 PSUs; CDO Gopi Shankar and CMO Russell Clayton each get 25,000.
- PSUs vest 50% upon milestone achievement determination and 50% one year later.
- All grants made Jan 22, 2025 under the 2020 Equity Incentive Plan; forfeiture upon termination before vesting.