leadership
confidence high
sentiment neutral
materiality 0.50
Mobile Infrastructure finalizes executive compensation: Chavez 550k performance units, Hogue $600k base
Mobile Infrastructure Corp
- Chavez receives 550,000 performance-based LTIP units vesting Dec 31, 2027 contingent on $100M asset sales and Compensation Committee approval.
- Hogue gets $600,000 base salary, target bonus up to 33.33% of base, and annual restricted stock target of $1,000,000.
- Hogue also receives a pro-rata equity grant of $166,667 for 2025; three-year initial term with automatic renewal.
- Severance for Hogue: 1x for death/disability, 2x for without cause/good reason/non-renewal, 3x upon change in control; 2-year non-compete.
- Agreements effective August 1, 2025, signed November 17, 2025; Chavez receives no base salary but retains outstanding equity awards.