other material
confidence high
sentiment neutral
materiality 0.75
NRC Health amends exec stock awards, eliminates repurchase right; expects $9.4M Q2 expense
NRC HEALTH
- Committee amended grants to CEO Trent Green (500k shares), COO Helen Hrdy (100k), and Chief Corp Dev Officer Andrew Monich (100k) to eliminate repurchase right.
- Cash bonuses approved: ~$1.9M for Green, ~$0.5M each for Hrdy and Monich to cover estimated taxes from award changes.
- Expected Q2 2026 expense of $9.4M: ~$6.5M non-cash accelerated equity comp and ~$2.9M cash bonus expense.
- Effective tax rate impacted by non-deductibility of amounts; future period charges eliminated.