Rent the Runway adopts Transaction Bonus Plan with $25M aggregate pool for execs

Rent the Runway, Inc.

CEO Jenn Hyman eligible for 49.1% of $12.5M base bonus pool and up to $12.5M FCF bonus pool.
CFO Sid Thacker eligible for 10.6% of each bonus pool.
Bonuses triggered by Change in Control, ≥50% debt reduction/forgiveness, or market cap >$400M.
Plan term two years from May 15, 2024, auto-renewing annually.
Continued employment required; designated participants get prorated bonuses if terminated without cause.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.