leadership
confidence high
sentiment neutral
materiality 0.30
Sila Realty Trust formalizes employment agreement with CIO Flouhouse; base salary $475k
Sila Realty Trust, Inc.
- Base salary $475,000; target annual bonus at least 100% of base salary.
- Severance: 1.5x or 2x (if change in control) of base salary + target bonus; equity vesting on certain terminations.
- 2024 annual bonus prorated from May 6 start date.
- Previously granted 2024 LTIP awards: time-based restricted stock and performance-based RSUs; $825k combined grant date value.
- One-time $500k restricted stock grant vested or vesting per terms.