BBX Capital approves 150% bonus target for CEO & EVP, $2.12M LTIP awards to five executives

BBX Capital, Inc.

CEO Jarett Levan and EVP Seth Wise eligible for 2023 bonus up to 150% of base salary.
LTIP awards: $2.12M each to Levan and Wise; $1.628M each to Chairman Alan Levan and Vice Chairman John Abdo; $350K to CFO Brett Sheppard.
Alan Levan and Abdo awards paid 100% cash; others may elect up to 50% cash, balance in restricted stock.
Awards vest in three equal annual installments beginning October 2023.

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