leadership
confidence high
sentiment neutral
materiality 0.50
Duluth Holdings grants 94,000 restricted shares to new CFO Heena Agrawal as inducement
DULUTH HOLDINGS INC.
- Heena Agrawal appointed SVP and CFO effective Feb 12, 2024.
- Inducement grant of 94,000 restricted stock shares on start date.
- First 50% vest immediately; second 50% vest on third anniversary.
- First-tranche shares subject to sliding-scale forfeiture if termination within 36 months.
- Grant approved by Board and Compensation Committee under Nasdaq Rule 5635(c)(4).