other material
confidence high
sentiment neutral
materiality 0.50
Thryv replaces 2026 STIP with H2 Bridge Plan after restructuring; targets set
Thryv Holdings, Inc.
- Effective July 1, 2026, 2026 STIP replaced by H2 2026 Bridge Plan for all prior STIP participants, including NEOs.
- Target opportunities prorated to 50% of annual 2026 STIP target, reflecting six-month performance period.
- H2 2026 targets: EBITDA $31.40M, FCF $18.20M, SaaS Revenue $223.30M, each weighted 25%.
- Minimum funding thresholds: EBITDA $26.90M, FCF $15.95M, SaaS Revenue $216.55M; individual performance requires EBITDA $20.00M.
- Awards payable no later than June 30, 2027; subject to Clawback Policy effective Nov 29, 2023.