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TRST

-1.25%
NEUTRAL

Trustpilot Executives Receive Shares Under Long-Term Incentive Plan

Why we think this is neutral

This RNS announcement is a routine notification of shares vesting for Trustpilot executives under the company's long-term incentive plan. It does not contain any information about the company's trading performance, financial results, or other significant business updates that would warrant a more positive or negative sentiment score.

Key Points

  • Vesting of 2022 LTIP awards for Trustpilot executives
  • Chief Financial Officer received 289,207 vested shares, with 155,209 sold to cover tax and fees
  • Founder/Non-Executive Director received 389,819 vested shares, with 1,881 sold to cover tax and fees
  • Remaining vested shares subject to a two-year holding period

Summary

The technology company has announced the vesting of shares for its executives under a long-term incentive plan.

Trustpilot Group plc has announced the vesting of awards granted in 2022 under the company's Long Term Incentive Plan (LTIP) for the Chief Financial Officer and Founder/Non-Executive Director. The vesting percentage was 72.8% based on the achievement of performance conditions related to total shareholder return, annual recurring revenue growth, and trust performance measures.

DIRECTOR DEALINGS