GameStop grants performance-based stock option award to CEO Ryan Cohen tied to $100B market cap target

GameStop Corp.

Award is 100% performance-based: no salary, cash bonus, or time-vesting stock for Cohen.
Options to purchase 171,537,327 shares at $20.66; vest in nine tranches based on market cap ($20B to $100B) and cumulative EBITDA ($2B to $10B) milestones.
If minimum hurdles ($20B market cap, $2B EBITDA) are not met, no options vest and Cohen receives nothing.
Award subject to stockholder approval at special meeting expected in March/April 2026; Cohen recuses himself.

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