Petmed Express ( (PETS) ) has issued an announcement.
PetMed Express, Inc. has rolled out a new 2024 Inducement Incentive Plan, earmarking 350,000 shares for various equity awards, aimed at enticing top talents without shareholder approval, in line with Nasdaq rules. This inventive strategy mirrors their 2024 Omnibus Incentive Plan but excludes incentive stock options and is specific to certain eligible recipients. Notably, the Company’s CFO, Robyn D’Elia, was among the first to receive an award from this plan.
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