regulatory
confidence high
sentiment neutral
materiality 0.25
Iradimed adopts clawback policy for executive compensation recovery effective Oct 2, 2023
IRADIMED CORP
- Board adopted Incentive-Based Compensation Recovery Policy on Nov 2, 2023, effective Oct 2, 2023.
- Policy mandates recovery of erroneously awarded incentive-based compensation from current and former executive officers.
- Recovery triggered by an accounting restatement; no misconduct required for clawback.
- Policy complies with Nasdaq Rule 5608 and SEC Rule 10D-1; indemnification of executive officers prohibited.