other material
confidence high
sentiment neutral
materiality 0.35
Alto Ingredients adopts performance-based equity compensation tied to Adjusted EBITDA ROA for FY2024-2026
Alto Ingredients, Inc.
- Compensation Committee adopted performance-based restricted stock program using Adjusted EBITDA ROA (4.80% threshold, 5.20% target, 5.60% max for 2024).
- Awards to execs: Bryon McGregor (max 155,320 shares), Robert Olander (max 55,320), Auste Graham (max 48,000), James Sneed (max 48,000).
- Time-based restricted stock also granted: McGregor 233,330 shares, Olander 83,330, Graham 71,660, Sneed 71,660 vesting 33%/33%/34% through 2027.
- Vesting schedule: 33% of award earned per year based on performance; remaining shares subject to time vesting until early 2027.