Innovex International Inc. Announces New Equity Award Agreements for Top Executives Under 2025 Long-Term Incentive Plan

Reuters

06-06

Innovex International Inc. Announces New Equity Award Agreements for Top Executives Under 2025 Long-Term Incentive Plan

Innovex International Inc. has announced new compensation terms under its 2025 Long-Term Incentive Plan, approved by the Board of Directors on May 30, 2025. The plan includes a new form of restricted stock unit (RSU) award agreement and a performance unit award agreement. RSU awards are set to vest in three equal installments on April 4 of each year from 2026 to 2028, contingent on continuous employment. Performance units are tied to the company's total shareholder return and return on capital employed goals, with a three-year performance period ending December 31, 2027, allowing for vesting between 0% and 200% of the target. Additionally, in cases of qualifying termination, certain provisions allow for accelerated vesting. The agreements grant specific RSUs and performance units to key executives, including CEO Adam Anderson, CFO Kendal Reed, and President of North America Mark Reddout.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Innovex International Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950170-25-082515), on June 05, 2025, and is solely responsible for the information contained therein.

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ID: 0000950170-25-082515), on June 05, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4179","symbol_name":"石油天然气设备与服务","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250605:nNDL8YRKX0:1","article_id":"2541009396","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2541009396","pubTimestamp":1749158202,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Innovex International Inc. has announced new compensation terms under its 2025 Long-Term Incentive Plan, approved by the Board of Directors on May 30, 2025. 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