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The latest announcement is out from Highlands REIT ( (HHDS) ).
On April 25, 2025, Highlands REIT, Inc. announced an amended executive employment agreement with Robert J. Lange, effective from March 17, 2025. The agreement includes a base salary of $825,000, a $400,000 cash retention award, and a $300,000 equity grant. Additionally, it outlines conditions for bonuses and severance payments in the event of a change in control or termination. The agreement also includes confidentiality and non-solicitation clauses. On the same date, Highlands REIT entered into a separation and consulting agreement with former CEO Richard Vance, effective from March 17, 2025. Vance will remain employed until May 1, 2025, and will receive COBRA benefits and a buyback of shares. He will provide consulting services until December 31, 2027, with specific payment terms and conditions for termination.
More about Highlands REIT
YTD Price Performance: 12.50%
Average Trading Volume: 33,885
Technical Sentiment Signal: Buy
Current Market Cap: $65.19M
Learn more about HHDS stock on TipRanks’ Stock Analysis page.