other material
confidence high
sentiment neutral
materiality 0.50
Good Times Restaurants adopts new cash bonus plan for CEO Ryan Zink covering FY2025-2027
Good Times Restaurants Inc.
- CEO Ryan Zink's STI target $200k for FY2025; payout from 50% at 85% EBITDA target to 133% at 125%.
- TVLTI of $100k/year vests equally over 3 years; PVLTI $100k target/year with same EBITDA performance scale.
- Upon qualifying termination within 6 months after change of control, unvested incentives accelerate to target.
- Plan for three fiscal years (2025-2027); STI target for later years may be adjusted but not below $200k.