other_material
confidence high
sentiment neutral
materiality 0.55
Forge Global shifts CEO and CFO equity awards to majority performance-based vesting in response to shareholder vote
Forge Global Holdings, Inc.
- CEO Rodriques 2025 equity 100% performance-based (up from 50% in 2024); grant date fair value ~50% lower than 2024 due to stock price.
- CEO awards: up to 36,800 RSUs tied to revenue/EBITDA goals; 36,800 to stock price goals by Dec 2026; 18,400 to TSR vs Russell 2000.
- CFO Nevin 2025 equity 65% performance-based (up from 25% for prior CFO); includes 18,666 RSUs revenue/EBITDA, 15,999 TSR-based, 18,666 time-vesting with 12-month cliff.
- Board plans 'listening tour' after recent annual stockholder meeting results, taking shareholder concerns seriously.
item 5.02