Creative Realities Inc. announced new compensation terms for its top executives on July 3, 2025. Richard Mills, the company's CEO and Executive Chairman, has been granted 450,000 restricted stock units (RSUs) from the 2023 Stock Incentive Plan. These RSUs will vest in equal installments on December 31, 2025, July 3, 2027, and July 3, 2028, contingent upon Mr. Mills' continued service. Additionally, the RSUs will fully accelerate upon certain conditions such as termination without cause, a sale transaction, or Mr. Mills' death or disability. Similarly, David Ryan Mudd, the Interim Chief Financial Officer, received 50,000 RSUs with vesting dates in 2026, 2027, and 2028, under similar conditions. Both sets of RSUs will be settled in shares of common stock under specific circumstances including termination of employment or a change of control of the company.
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.