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OMV CEO to Receive Capped Long-Term Incentive Award in Cash

Story Highlights
  • OMV detailed a capped long-term incentive award for CEO Alfred Stern, tied to 2023–2025 performance and share price.
  • The CEO will receive the 35,922-share equivalent LTIP 2023 award in cash, based on OMV’s average share price in early 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
OMV CEO to Receive Capped Long-Term Incentive Award in Cash

Meet Samuel – Your Personal Investing Prophet

An update from OMV AG ( (DE:OMV) ) is now available.

OMV has disclosed a managers’ transaction involving Chief Executive Officer Alfred Stern under its Long Term Incentive Plan 2023 for Executive Board members and senior managers. The plan, covering the 2023–2025 performance period, links awards to OMV’s average share price and performance metrics set by the Supervisory Board, with grants subject to a cap defined in the company’s remuneration policy.

For Stern, the Supervisory Board authorized a grant level of 35,922 shares under the LTIP 2023, but the remuneration cap was triggered, limiting the final allocation. Although the award is structured as a share-based incentive with a vesting date of March 31, 2026, the CEO elected to receive the benefit in cash, which will be calculated on OMV’s average share price on the Vienna Stock Exchange between January 1 and March 31, 2026, underscoring the company’s continued use of performance-linked executive pay.

The most recent analyst rating on (DE:OMV) stock is a Sell with a EUR50.00 price target. To see the full list of analyst forecasts on OMV AG stock, see the DE:OMV Stock Forecast page.

More about OMV AG

OMV Aktiengesellschaft is an Austria-based integrated oil, gas, and chemicals group listed on the Vienna Stock Exchange. The company is active along the energy value chain, from exploration and production to refining, marketing, and petrochemicals, and is a key player in Central and Eastern European energy markets.

Average Trading Volume: 415,537

Current Market Cap: €20.67B

For an in-depth examination of OMV stock, go to TipRanks’ Overview page.

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