Pearson PLC (PSO) has released an update.
Pearson PLC has announced the annual grant of performance-related restricted shares under their 2024 Long-Term Incentive Plan (LTIP), which will vest in May 2027 contingent upon meeting performance conditions outlined in the prior annual report. Key executives including the CEO, Omar Abbosh, and CFO, Sally Johnson, have been awarded shares equivalent to 450% and 300% of their salaries respectively. These shares, calculated based on the average share price leading up to the award, come with an additional two-year holding period post-vesting.
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