Compass restructures CEO Robert Reffkin's pay; forfeits $25M in equity for $7M cash and new RSUs

Compass, Inc.

Reffkin forfeits 17.2M performance-based RSUs (~$25M value); receives $7M cash award under Executive Bonus Plan.
Base salary adjusted to $900,000/year effective Jan 1, 2024; target bonus reset for 2024.
New RSU grant valued at $2.25M annual vesting over 4 years (~$9M total), plus commitment for equal grant in 2025.
Company reimburses up to $25,000 of Reffkin's legal fees related to compensation changes.
Cash award repayment obligation lapses over 2 years if Reffkin stays or is not terminated for cause.

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