PGRE finalizes separation agreement with former GC Gage Johnson; $905K lump sum

Paramount Group, Inc.

Lump sum payment of $905,000 (one year base salary plus 2024 cash bonus) and $73,011 health care payment.
Vesting of 159,817 service-based LTIP units, 49,837 AOLTIP units, and 8,866 performance-based earned units.
Executive remains eligible for pro-rata portion of 98,500 performance-based LTIP and 354,807 AOLTIP units.
Johnson subject to non-solicitation and non-competition covenants; mutual release of claims executed.
Departure previously disclosed on May 19, 2025; agreement finalized August 4, 2025.

item 5.02item 9.01

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.