Core Viewpoint - Prosafe SE has announced the award of Restricted Share Units (RSUs) to primary insiders and other employees as part of a long-term incentive program aimed at senior executives and key personnel [1][2]. Group 1: RSU Program Details - The RSU program was established by the board of directors on 28 September 2025, with the aim of providing share-based compensation to board members and key personnel [2]. - RSUs grant recipients the right to receive shares or cash equivalent to the fair market value of the shares upon vesting, with vesting occurring over a three-year period [3][6]. - The total number of RSUs awarded is 3,139,652, distributed among board members, management, and other employees [4]. Group 2: Allocation of RSUs - Specific allocations include 219,462 RSUs to Chairman Patrick Carey Lowe, 868,608 RSUs to CEO Reese McNeel, and 494,735 RSUs to Chief Commercial Officer Ryan Duncan Stewart, among others [7]. - The remaining employees collectively received 652,202 RSUs [4]. Group 3: Vesting Schedule - The vesting schedule for the RSUs is as follows: one-third will vest 12 months after the grant date, another third will vest 24 months after, and the final third will vest 36 months after the grant date [6].
Prosafe SE: Grants of Restricted Stock Units
Globenewswire·2026-03-16 18:30