Freshpet Inc. has granted Chief Operating Officer Nicola Baty a new 2025 Retention Grant in the form of Restricted Stock Units (RSUs) effective December 8, 2025. The grant, issued under the company's 2024 Equity Incentive Plan, includes both performance-based and time-based RSUs tied to a three-year Adjusted EBITDA margin goal. Vesting of the performance-based RSUs will range from 80% to 120% of the target number, depending on the achievement of threshold and maximum performance goals. No RSUs will vest if threshold goals are not met. The awards also feature double-trigger accelerated vesting at 100% in the event of a qualifying termination following a change in control. There are no provisions for vesting in connection with executive retirement.
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. Freshpet 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: 0000929638-25-004586), on December 12, 2025, and is solely responsible for the information contained therein.
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