MediaCo Holding Inc. has entered into a new employment agreement with Albert Rodriguez, its President and CEO. Rodriguez's annual base salary will increase from $700,000 to $850,000, with further raises to $900,000 in September 2026 and $950,000 in September 2027. He is eligible for a discretionary cash bonus of up to 60% of his base salary. If Rodriguez leaves for good reason or is terminated without cause or due to disability, he will receive severance equal to six months of base salary, subject to certain conditions. The agreement also includes equity compensation: restricted stock units valued at $500,000 vesting over three years, fully vested restricted stock units worth $166,667, and additional restricted and performance stock units valued at $2,000,000 and $333,333, vesting over two or three years depending on performance objectives. Similar severance and post-employment covenants apply to Ms. DeFelice under her employment agreement with the company.
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. Mediaco Holding 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: 0001784254-25-000042), on November 25, 2025, and is solely responsible for the information contained therein.
Comments