other_material
confidence high
sentiment neutral
materiality 0.55
Innovex awards RSUs and performance units to CEO, CFO, and President
Innovex International, Inc.
- CEO Adam Anderson granted 68,073 RSUs and 68,073 performance units; CFO Kendal Reed and President Mark Reddout each 25,527 RSUs and 25,527 performance units.
- RSUs vest in three equal annual installments on Apr 4, 2026, 2027, and 2028, subject to continued employment.
- Performance units vest based on TSR vs. VanEck OIH Index and ROCE over 3-year period ending Dec 31, 2027 (0%–200% of target).
- Upon a qualifying termination, unvested RSUs accelerate for 24 months (CEO) or 12 months (others); prorated performance units may vest.
item 5.02item 9.01