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Signing Day Sports, Inc. (SGN) has shared an announcement.
On June 13, 2024, the board of directors of a company approved a consulting agreement with Damon Rich, who will continue his role as Interim CFO since April 19, 2024, at $120 per hour for up to 120 hours monthly. Rich received 20,000 shares of restricted stock, which vested immediately, under the company’s equity plan. Additionally, he entered into a confidentiality agreement protecting the company’s proprietary information. On the same day, the CEO, Daniel Nelson, was granted 200,000 shares of restricted stock, vesting quarterly over a year, reflecting the company’s commitment to its executives and alignment with long-term performance incentives.
See more insights into SGN stock on TipRanks’ Stock Analysis page.