other material
confidence high
sentiment neutral
materiality 0.55
CIM Real Estate Finance Trust adopts 2024 Manager Equity Incentive Plan with 12M share reserve
CIM REAL ESTATE FINANCE TRUST, INC.
- Plan authorizes grants of non-qualified stock options, restricted stock, RSUs, and SARs.
- Maximum 12,000,000 shares of common stock may be issued under the plan.
- Plan effective January 9, 2024; expires January 9, 2034 unless terminated earlier.
- Eligible recipients: named executive officers and Manager (CIM Real Estate Finance Management, LLC), which may transfer awards to its employees/advisors.