other material
confidence high
sentiment neutral
materiality 0.40
Aramark adjusts PSU targets and increases share authorization by 3.5M post separation
Aramark
- Committee amended FY22 and FY23 PSUs to reflect uniform business separation effective Sep 30, 2023.
- Two-thirds of FY22 PSUs now tied to two-year period ending Sep 29, 2023; one-third to one-year ending Sep 27, 2024.
- FY23 PSUs adjusted to post-separation performance targets only.
- 2023 Stock Incentive Plan maximum shares increased by 3,487,176.
- No officer departures or elections reported.