other material
confidence high
sentiment neutral
materiality 0.65
Unity grants CEO 880k price-vesting PSUs with $50/$60/$75 hurdles
Unity Software Inc.
- Grant of 880,000 price-vesting restricted stock units to CEO Matthew Bromberg on Aug 17, 2026 under 2020 Equity Incentive Plan.
- Vests in three tranches with stock price hurdles of $50, $60, $75 (30-day VWAP) and continued CEO service through Aug 17, 2027/2028/2029.
- Unvested PPSUs forfeit on termination unless involuntary without cause, death/disability, or change of control as defined in the agreement.
- Award intended to retain CEO and support long-term strategy of integrating creation and monetization into AI-driven system.
- Performance period ends Aug 17, 2031; award is additive to annual equity program and entirely at-risk, delivering value only on sustained stock appreciation.