leadership
confidence high
sentiment neutral
materiality 0.60
Astrana Health amends CEO & COO/CFO employment pacts, grants $13M in equity
Astrana Health, Inc.
- CEO Brandon Sim new base salary $850k, target bonus 125%; CFO Chandan Basho base $600k, target bonus 80%.
- Equity grants: CEO $11M, COO $2M; 33% time-based RSUs, 67% performance-based (adj. EBITDA & revenue, 2024-2026).
- Agreements have 3-year initial term through April 2027, with auto-renewal unless 60-day notice.
- Severance: 1-year salary (or 2-year post-change of control) plus COBRA coverage for up to 12 months (24 months post-CIC).