leadership
confidence high
sentiment neutral
materiality 0.55
Molina Healthcare grants CEO Zubretsky 146,184 performance-based RSUs to retain him through 2027
MOLINA HEALTHCARE, INC.
- CEO Joseph M. Zubretsky received a special one-time PSU award of 146,184 target shares (max 219,276) under the 2019 Equity Incentive Plan.
- PSUs vest based on adjusted EPS goals for FY2027, with 0%-150% payout, and continued employment through Dec 31, 2027.
- The amendment to Zubretsky's employment agreement aims to incentivize his retention through at least December 31, 2027.
- Accelerated vesting occurs upon death, disability, termination without cause, or good reason, subject to a release; full vesting upon qualified termination after a change in control.