Cardlytics Inc. has announced an amendment to the compensation package for its Chief Executive Officer, Amit Gupta. According to a filing on June 23, 2025, Gupta's existing offer letter and severance agreement have been revised, with notable changes to his equity compensation. Under the amended offer letter, Cardlytics intends to grant Gupta additional restricted stock units (RSUs) and performance stock units (PSUs) valued at $5 million by May 31, 2026, not exceeding 1,200,000 shares. If the maximum is granted, it will include 1,000,000 RSUs and 200,000 PSUs. Furthermore, Gupta was granted 1,000,000 RSUs and 200,000 PSUs on the same day, with vesting schedules tied to his continuous service and specific performance targets. This move aligns with the company's 2025 Equity Incentive Plan.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.