Current Report
Filed: 2026-04-07
Key Insights
- ADTRAN Holdings, Inc. has made changes to the CEO's employment agreement, including eliminating the annual performance-based stock unit (PSU) awards tied to relative total shareholder return and adjusting the performance objective for long-term financial plan PSUs.
- The company has granted long-term financial plan PSU awards to the CEO, Chief Revenue Officer, and Chief Financial Officer, with the performance objective based on adjusted EBIT and relative total shareholder return.
- ADTRAN Holdings, Inc. plans to grant similar long-term financial plan PSU awards to the Chief Technology Officer later in 2026, subject to approval by the supervisory board and shareholders of the company's majority-owned subsidiary.