CommScope CFO awarded performance share units
CommScope Holding Company EVP & CFO Kyle David Lorentzen reported multiple equity awards of common stock tied to performance share units.
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Rhea-AI Filing Summary
CommScope Holding Company EVP & CFO Kyle David Lorentzen reported multiple equity awards of common stock tied to performance share units. On 01/08/2026, he acquired 29,041 shares, 20,075 shares, and 204,732 shares of common stock at a stated price of $0 per share, all reported as directly owned.
Footnotes explain these shares were earned from prior performance share unit grants after the company exceeded or met performance criteria for periods ending on 12/31/2025. The earned performance share units are scheduled to vest on 06/01/2026, subject to his continued employment. Following these transactions, Lorentzen beneficially owned 2,050,126.465 shares of CommScope common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 29,041 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 20,075 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 204,732 | $0.00 | $0.00 |
Footnotes (4)
- F1. On 03/01/2023, the reporting person was granted 120,500 performance share units, which number could be increased or decreased based upon the Company's satisfaction of certain performance criteria during the applicable performance period. On 12/16/2025, the Compensation Committee of the issuer approved the vesting of a portion of the performance share units representing 120,500 shares, effective on 12/18/2025, based upon estimated performance. The Compensation Committee has determined that 29,041 additional performance share units have been earned based upon actual performance, which performance period ended on 12/31/2025, and such additional performance share units will vest on 06/01/2026, subject to the reporting person's continued employment with the issuer.
- F2. As previously reported, includes (a) 125,400 restricted stock units that were granted on 03/01/2024 and will vest ratably on 06/01/2026 and 06/01/2027; (b) 394,600 restricted stock units that were granted on 06/01/2024 and will vest ratably on 06/01/2026 and 06/01/2027; and (c) 307,100 restricted stock units that were granted on 03/01/2025 and will vest ratably on 06/01/2026, 06/01/2027 and 06/01/2028; each subject to the reporting person's continued employment with the issuer.
- F3. On 03/01/2023, the reporting person was granted 80,300 performance share units, which number could be increased or decreased based upon the Company's satisfaction of certain performance criteria during the applicable performance period. On 12/16/2025, the Compensation Committee of the issuer approved the vesting of a portion of the performance share units representing 140,525 shares, effective on 12/18/2025, based upon estimated performance. The Compensation Committee has determined that 20,075 additional performance share units have been earned based upon actual performance, which performance period ended on 12/31/2025, and such additional performance share units will vest on 06/01/2026, subject to the reporting person's continued employment with the issuer.
- F4. On 03/01/2025, the reporting person was granted and award of performance share units, 102,366 of which related to performance over a performance period ending on 12/31/2025, which number could be increased or decreased based upon the Company's satisfaction of certain performance criteria during the applicable performance period. The performance criteria for such performance period was exceeded, resulting in a total of 204,732 performance share units earned. These performance share units will vest on 06/01/2026, subject to the reporting person's continued employment with the issuer.
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