IRE granted 9,099,328 restricted stock units to each of Co-CEOs William Roberts and Daniel Roberts, with vesting and holding provisions designed to align long-term incentives.
| IndividualWilliam RobertsDaniel Roberts | RoleCo-Chief Executive OfficerCo-Chief Executive Officer | Type of ChangeEquity grant (RSUs)Equity grant (RSUs) | Effective DateOn or about July 1, 2026On or about July 1, 2026 | ReasonTo retain and incentivize Co-CEOs for next growth phase and align with shareholder interestsTo retain and incentivize Co-CEOs for next growth phase and align with shareholder interests | Replacement InfoNot applicableNot applicable | Background DetailsGrant approved after Compensation Committee review and independent consultant analysis; part of multi-year frameworkGrant approved after Compensation Committee review and independent consultant analysis; part of multi-year framework | Board/Committee Role ChangesNot disclosedNot disclosed | Grant Details9,099,328 RSUs; vest equal annual installments over 4 years; additional 2-year post-vesting holding period; no further equity grant until 20319,099,328 RSUs; vest equal annual installments over 4 years; additional 2-year post-vesting holding period; no further equity grant until 2031 |
Original SEC Filing:
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