other_material
confidence high
sentiment neutral
materiality 0.30
Kestrel Group grants $650K performance-based restricted stock to CEO, Chairman, and CFO
Kestrel Group Ltd
- On May 13, 2026, Kestrel granted performance-based restricted stock awards of $650,000 each to Executive Chairman, CEO, and President/CFO.
- Each executive received 61,588 shares based on 20-day VWAP; vesting tied to Program Services EBITDA threshold for 2026.
- Shares vest in 1/3 increments: upon Committee certification, then first and second anniversaries.
- Forfeiture if threshold not met; accelerated vesting for death, disability, termination without cause, or change of control.
- Awards granted under the 2025 Equity Incentive Plan.
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