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David Zaslav will take a pay cut after Warner Bros. Discovery splits up—with a big hit to his bonus
David Zaslav will take a pay cut after Warner Bros. Discovery splits up—with a big hit to his bonus

Yahoo

time13 hours ago

  • Business
  • Yahoo

David Zaslav will take a pay cut after Warner Bros. Discovery splits up—with a big hit to his bonus

CEO David Zaslav's pay package will be impacted by the upcoming company split. While he will earn less, he has been given options that could let him pocket $150 million if the company hits targets. Zaslav earned $51.9 million last year. The looming split of Warner Bros. Discovery is going to impact CEO David Zaslav's paycheck, in both negative and potentially positive ways. After collecting a pay package of $51.9 million last year, making him one of the highest-paid CEOs in the country, Zaslav is facing cuts in the coming year, reports the Wall Street Journal. Under a new contract offered by the board, he will retain his $3 million annual salary, but his target bonus would fall from $22 million last year to $6 million moving forward (with a cap of $12 million). In addition, he would receive a target of $15.5 million in equity next year, then $7.5 million in following years. Beyond that, though, Zaslav was given options for 21 million shares last week. He's also due to get at least 3 million more shares in January. He will become 40% vested in those over five years, with additional vesting benchmarks happening if the company's stock price increases in three levels over that time by 20% to 65%. Should all of the targets be hit, those options could let him pocket $150 million. The new pay package will kick in only if the split occurs by the end of next year. Zaslav's salary has historically been controversial. Earlier this month, shareholders of Warner Bros. Discovery voted down his compensation package, as well as that of other top executives, in a 'Say on Pay' vote. That vote, however, was symbolic and nonbinding, and the board gave Zaslav his $51.9 million. The media and entertainment giant announced on June 9 that it will separate into two publicly traded companies through a tax-free transaction. Zaslav will lead the streaming and studios company, which will oversee movie properties and the HBO Max streaming service. Gunnar Wiedenfels, who has been CFO since 2022, will become CEO of global networks, which will include cable channel businesses CNN, TNT, TBS, Discovery, and more. Zaslav has been CEO of WBD since 2022. His pay rate is higher than that of several competitors, including Disney's Bob Iger ($41.4 million), Comcast's Brian Roberts ($33.9 million), and SiriusXM's Jennifer Witz ($32.1 million). This story was originally featured on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

INTOUCH INSIGHT CONFIRMS BOARD AND GRANTS STOCK OPTIONS
INTOUCH INSIGHT CONFIRMS BOARD AND GRANTS STOCK OPTIONS

Yahoo

time14 hours ago

  • Business
  • Yahoo

INTOUCH INSIGHT CONFIRMS BOARD AND GRANTS STOCK OPTIONS

OTTAWA, ON, June 19, 2025 /CNW/ - Intouch Insight Ltd. ("Intouch" or the "Company") (TSXV: INX) (OTCQX: INXSF) announces that at the annual general meeting held on June 19th shareholders re-elected the five directors proposed in the management circular. Following the shareholder meeting, the Board of directors granted, under its stock option plan, stock options to employees, officers, and directors, for the purchase of up to 625,000 common shares at an exercise price of $0.41 per share. The options granted on June 19th, 2025 will vest over a 36-month period and expire on June 18, 2030. About Intouch Insight Intouch Insight offers a complete portfolio of customer experience management (CEM) products and services that help global brands delight their customers, strengthen brand reputation and improve financial performance. Intouch helps clients collect and centralize data from multiple customer touch points, gives them actionable, real-time insights, and provides them with the tools to continuously improve customer experience. Founded in 1992, Intouch is trusted by over 300 of North America's most-loved brands for their customer experience management, customer survey, mystery shopping, mobile forms, operational and compliance audits, geolocation data capture and event marketing automation solutions. For more information, visit Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE Intouch Insight Ltd. View original content:

INTOUCH INSIGHT CONFIRMS BOARD AND GRANTS STOCK OPTIONS
INTOUCH INSIGHT CONFIRMS BOARD AND GRANTS STOCK OPTIONS

Yahoo

time14 hours ago

  • Business
  • Yahoo

INTOUCH INSIGHT CONFIRMS BOARD AND GRANTS STOCK OPTIONS

OTTAWA, ON, June 19, 2025 /CNW/ - Intouch Insight Ltd. ("Intouch" or the "Company") (TSXV: INX) (OTCQX: INXSF) announces that at the annual general meeting held on June 19th shareholders re-elected the five directors proposed in the management circular. Following the shareholder meeting, the Board of directors granted, under its stock option plan, stock options to employees, officers, and directors, for the purchase of up to 625,000 common shares at an exercise price of $0.41 per share. The options granted on June 19th, 2025 will vest over a 36-month period and expire on June 18, 2030. About Intouch Insight Intouch Insight offers a complete portfolio of customer experience management (CEM) products and services that help global brands delight their customers, strengthen brand reputation and improve financial performance. Intouch helps clients collect and centralize data from multiple customer touch points, gives them actionable, real-time insights, and provides them with the tools to continuously improve customer experience. Founded in 1992, Intouch is trusted by over 300 of North America's most-loved brands for their customer experience management, customer survey, mystery shopping, mobile forms, operational and compliance audits, geolocation data capture and event marketing automation solutions. For more information, visit Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. SOURCE Intouch Insight Ltd. View original content:

PTC Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
PTC Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Yahoo

time15 hours ago

  • Business
  • Yahoo

PTC Therapeutics Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

WARREN, N.J., June 19, 2025 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced that on June 16, 2025, the company approved non-statutory stock options to purchase an aggregate of 12,725 shares of its common stock and 27,790 restricted stock units ("RSUs"), each representing the right to receive one share of its common stock upon vesting, to 34 new employees. The awards were made pursuant to the Nasdaq inducement grant exception as a component of the new hires' employment compensation. The inducement grants were approved by PTC's Compensation Committee on June 16, 2025, and are being made as an inducement material to each employee's acceptance of employment with the company in accordance with Nasdaq Listing Rule 5635(c)(4). All stock option awards have an exercise price of $51.87 per share, the closing price of PTC's common stock on June 16, 2025, the date of the grant. The stock options each have a 10-year term and vest over four years, with 25% of the original number of shares vesting on the first anniversary of the applicable employee's new hire date and 6.25% of the original number of shares vesting at the end of each subsequent three-month period thereafter until fully vested, subject to the employee's continued service with the company through the applicable vesting dates. The RSUs each will vest over four years with 25% of the original number of shares vesting on each annual anniversary of the applicable employee's new hire date until fully vested, subject to the employee's continued service with the company through the applicable vesting dates. ABOUT PTC THERAPEUTICS, is a global biopharmaceutical company focused on the discovery, development and commercialization of clinically differentiated medicines that provide benefits to children and adults living with rare disorders. PTC's ability to globally commercialize products is the foundation that drives investment in a robust and diversified pipeline of transformative medicines and our mission to provide access to best-in-class treatments for patients who have an unmet medical need. The company's strategy is to leverage its strong scientific expertise and global commercial infrastructure to maximize value for its patients and other stakeholders. To learn more about PTC, please visit and follow on Facebook, X, and LinkedIn. For more information please contact: Investors:Ellen Cavaleri+1 (615) 618-8228ecavaleri@ Media:Jeanine Clemente+1 (908) 912-9406jclemente@ View original content to download multimedia: SOURCE PTC Therapeutics, Inc. Sign in to access your portfolio

Nike Reports After The Close 6/26 — Options Expire The Next Day
Nike Reports After The Close 6/26 — Options Expire The Next Day

Forbes

time2 days ago

  • Business
  • Forbes

Nike Reports After The Close 6/26 — Options Expire The Next Day

According to the Nike next earnings date is projected to be 6/26 after the close, with earnings estimates of $0.11/share on $10.70 Billion of revenue. Looking back, the recent Nike earnings history looks like this: NKE The company has an impressive long-term earnings per share chart: NKE And with equally impressive revenue growth: NKE But earnings reports can often uniquely bring abrupt volatility to a stock, in either direction, as investors digest the fundamental details. And that volatility can be a stock options trader's dream come true — so such traders will be interested to know that Nike has options available that expire June 27th. Visit to investigate the NKE options chain on either the puts side or the call side, for further ideas. Nike's current dividend yield is 2.67%, with the following Nike Dividend History. Also, dividend investors should check out the following ideas for Top Dividends and Monthly Dividend Paying Stocks.

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