other
confidence high
sentiment neutral
materiality 0.25
ESCO Technologies grants RSUs to three executive officers under LTI program
ESCO TECHNOLOGIES INC
- CEO Bryan H. Sayler receives 7,489 RSUs; CFO Christopher L. Tucker receives 2,985 RSUs; GC David M. Schatz receives 1,548 RSUs.
- RSUs vest in three equal portions on last NYSE trading days of Nov 2024, 2025, and 2026 (18, 30, 42 months from grant).
- Dividend equivalents accrue quarterly and are paid in cash upon vesting of each portion; unvested portions forfeit accrued amounts.
- RSU award value equals 50% of each officer's fiscal 2023 target long-term incentive compensation.