Casey’s General (CASY) just unveiled an announcement.
On June 5, 2024, a company’s executives were awarded significant financial incentives based on robust fiscal performance. The top executives received payouts surpassing their target incentives, with the CEO earning $2.8 million. Additionally, the board approved substantial long-term equity awards, including restricted stock units and performance-based incentives tied to future fiscal achievements. The equity awards, which include adjustments based on shareholder returns, will vest over three years, offering the potential for payouts up to 250% of the target. These incentives align executive compensation with company performance and shareholder value.
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