other material
confidence high
sentiment neutral
materiality 0.50
UFP Technologies approves FY2025 executive base salary increases and stock unit awards
UFP TECHNOLOGIES INC
- CEO Bailly base salary raised to $789,000; President Rock to $525,000; CFO Lataille to $485,000, effective Jan 1, 2025.
- CEO Bailly granted 11,515 threshold stock units plus 5,758 target and 5,758 exceptional units.
- CEO 2025 cash bonus target set at $828,450 (105% of base salary); max $1,656,900.
- Other NEOs' cash bonus targets set at 40%-65% of base salary, with discretionary adjustment.