leadership
confidence high
sentiment neutral
materiality 0.55
Cardlytics CEO Gupta gets 1.2M shares in RSUs/PSUs, enhanced severance
Cardlytics, Inc.
- CEO Amit Gupta granted 1,000,000 RSUs vesting over 2 years from June 23, 2025 (50% at year 1, remainder quarterly).
- Granted 200,000 PSUs with vesting based on stock price targets over 3 years, none before April 1, 2026.
- If Mr. Gupta resigns before Aug 16, 2025, he must repay pre-tax value of vested RSUs.
- New severance: 18 months salary + medical for non-cause termination; full equity acceleration upon Change in Control.
- Additional $5M equity grant (up to 1.2M shares) to be awarded by May 31, 2026, subject to Board approval.
item 5.02