CommScope (COMM) SVP awarded performance shares after criteria met
Rhea-AI Filing Summary
CommScope Holding Company, Inc. reported equity awards to senior executive Charles A. Gilstrap, SVP, Treasury, Tax & CAO. On 01/08/2026, he acquired 19,546 shares of common stock, 10,237 shares of common stock, and 22,132 shares of common stock at a price of $0 per share, all reported as direct ownership. These share deliveries relate to prior grants of performance share units where company performance criteria were either met or exceeded during the relevant performance periods.
The filing explains that an initial grant of 15,750 performance share units from 06/01/2023 resulted in 19,546 units earned, another 06/01/2023 grant resulted in 10,237 units earned, and a 06/01/2025 grant tied to performance through 12/31/2025 resulted in 22,132 units earned. These performance share units are scheduled to vest on 06/01/2026, along with previously granted restricted stock units that also vest in 2026–2028, contingent on Mr. Gilstrap’s continued employment.
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