ESOPApr 13, 2026, 08:21 AM
Mirion Board Grants CEO Thomas Logan 2.5M Performance Options
AI Summary
Mirion Technologies' Board of Directors approved a special one-time grant of 2,500,000 performance vesting stock options to CEO Thomas Logan. This grant aims to recognize his importance, incentivize his retention, and align his compensation with long-term shareholder value over the next five years. The options have a seven-year term and vest based on his continued service and the company's Total Shareholder Return relative to the Russell 2000 Index over three and four-year periods.
Key Highlights
- CEO Thomas Logan granted 2,500,000 performance vesting stock options.
- Options have a seven-year term.
- Vesting tied to continued service and relative TSR performance.
- TSR measured over three and four-year performance periods.
- Requires 60th percentile relative TSR for any payout.
Price Impact
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