Corporate GovernanceApr 28, 2026, 04:12 PM
NRC Amends Executive Equity Awards; $9.4M Expense in Q2
AI Summary
NRC Health's Compensation Committee amended equity awards for CEO Trent Green, COO Helen Hrdy, and CCO Andrew Monich. The amendments eliminated a repurchase right and included cash bonuses totaling approximately $2.9 million to cover executives' estimated taxes. This action is expected to result in a total expense of approximately $9.4 million in Q2 2026, comprising $6.5 million in non-cash accelerated equity compensation and $2.9 million in cash bonuses.
Key Highlights
- NRC amended equity awards for CEO Trent Green, COO Helen Hrdy, and CCO Andrew Monich.
- Amendments eliminated a repurchase right on 700,000 previously granted shares.
- Approved cash bonuses totaling approximately $2.9 million for executives' estimated taxes.
- Expected Q2 2026 expense: approximately $9.4 million.
- Includes $6.5 million non-cash accelerated equity compensation expense.
- Includes $2.9 million cash bonus expense.
- Green received $1.9 million bonus; Hrdy and Monich received $0.5 million each.
Price Impact
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