other material
confidence high
sentiment neutral
materiality 0.30
Stewart Information Services grants stock and restricted stock units to named executives
STEWART INFORMATION SERVICES CORP
- CEO Frederick Eppinger awarded 13,318 stock units and 19,977 RSUs with vesting through 2025.
- CFO David Hisey awarded 12,123 stock units (5,745 vest March 2024) and 9,568 RSUs.
- RSUs vest if Company achieves ≥7.75% pre-tax margin in 3 of 7 quarters through Dec 2023.
- Stock units vest in three equal annual installments starting March 2023; RSUs fully vest March 2025.
- Awards granted under 2020 Incentive Plan; forfeiture upon termination except pro-rata in certain cases.