leadership
confidence high
sentiment neutral
materiality 0.60
CNX Resources grants special performance share units to three executives
CNX Resources Corp
- CFO Alan K. Shepard, COO Navneet Behl, and President Ravi Srivastava each received 383,334 PSUs on August 1, 2023.
- PSUs vest based on 90-day VWAP targets: $41.83 by July 2026, $60.24 by July 2028, and $86.75 by July 2030.
- Full payout requires 23% annualized share price appreciation over seven years; awards capped at 100% of target.
- Recipients must hold all shares received until at least July 31, 2030, and are subject to non-compete and forfeiture clauses.