other material
confidence high
sentiment neutral
materiality 0.50
CHCT adopts updated compensation programs and grants RSUs to executive officers
Community Healthcare Trust Inc
- Board approved Third Amended Alignment of Interest Program with max 50% deferral for execs with employment agreements; limit tied to Retirement Eligibility.
- Updated Executive Officer Incentive Program: CPA ≈70% of annual incentive (threshold/target/max 50/100/150%); IPA ≈30% with up to 150% payout.
- LTIP awards now 65% performance-based RSUs and 35% time-based RSUs, each with three-year vesting and performance period.
- CEO David Dupuy granted 21,946 Absolute TSR RSUs, 16,852 Relative TSR RSUs, and 13,046 time-based RSUs; similar grants to other named execs.
- Performance-based RSUs vest 0-200% based on absolute and relative total shareholder return over three-year period starting July 2023.