Curaleaf grants CEO stock award valued at $15.4M
The restricted stock units are scheduled to vest in full on January 5, 2028; the strategic-target bonus amount is to be determined in March 2028.
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Rhea-AI Filing Summary
Curaleaf Holdings, Inc. (CURLF) approved compensation arrangements for Chairman and Chief Executive Officer Boris Jordan. His target 2027 short-term incentive opportunity increased from 125% to 200% of his 2027 base salary. Jordan was also awarded a discretionary target bonus of $1 million tied to strategic targets to be evaluated by the Board and Compensation Committee; the award amount is to be determined in March 2028.
Curaleaf granted Jordan 1,344,275 time-based restricted stock units with a grant date fair value of $15,448,435. They will vest in full on January 5, 2028, under the company's 2018 Stock and Incentive Plan.
8-K Event Classification
Key Figures
Key Terms
short-term incentive opportunity financial
discretionary target bonus financial
time-based restricted stock units financial
grant date fair value financial
2018 Stock and Incentive Plan financial
FAQ
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How many restricted stock units did CURLF grant Boris Jordan?
What compensation changes did CURLF approve for Boris Jordan?
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