other material
confidence low
sentiment neutral
materiality 0.65
VirTra authorizes share repurchase of 10% of outstanding; two directors resign; CEO/COO compensation increased
VirTra, Inc
- Board authorized repurchase of up to 3,235,326 shares (10% of outstanding as of June 30, 2021).
- Directors Matt Burlend and Ferris (both Managing Directors at First Reserve) resign effective August 30, 2021.
- CEO salary increased to $349,860 and COO to $251,140; first comprehensive compensation review since 2012.
- CEO and COO granted 224,133 and 168,090 performance-based RSUs, plus 14,057 and 10,543 restricted shares.