The latest announcement is out from MoneyLion (ML).
MoneyLion Inc. has granted significant equity awards to three top executives as part of its 2024 Long-Term Incentive Plan (LTIP). Diwakar Choubey, Richard Correia, and Timmie Hong have been awarded a mix of restricted stock units (RSUs) and performance share units (PSUs) tied to key performance indicators like revenue, customer acquisition, and EBITDA. These awards will vest over time, with RSUs vesting quarterly and PSUs contingent on meeting performance goals, offering a strategic incentive for leadership to drive the company’s success.
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