other material
confidence medium
sentiment neutral
materiality 0.50
CVRx grants incremental PSUs to executives tied to cumulative revenue for 2026-2027
CVRx, Inc.
- Compensation Committee approved incremental PSU awards for all executive officers with grant date value = 75% of 2026 annual LTI.
- PSUs vest based on achievement of undisclosed cumulative revenue goal for 2026-2027; payout ranges from 50% (threshold) to 200% (maximum) of target.
- Any earned PSUs vest 50% after certification (by Mar 1, 2028) and 50% on Dec 31, 2028, subject to continued employment.
- Target revenue goal not disclosed due to competitive sensitivity; committee believes it represents meaningful revenue growth.
- Form of Performance Stock Unit Agreement filed as Exhibit 10.1.