ADTRAN drops annual TSR PSU awards for executives, revamps long-term PSU metrics

Reuters04-08 04:01
ADTRAN drops annual TSR PSU awards for executives, revamps long-term PSU metrics
  • ADTRAN Holdings amended CEO Thomas Stanton’s employment agreement on April 6, 2026, removing annual PSU awards tied solely to relative total shareholder return.
  • Long-term financial plan PSU awards will continue to use Adjusted EBIT over a three-year performance period, with payouts adjusted based on relative total shareholder return.
  • Compensation committee set 2026-2028 long-term financial plan PSU targets at 170,723 shares for Stanton, 24,908 shares for Chief Revenue Officer James Wilson, 28,252 shares for CFO Timothy Santo.
  • Management expects a similar long-term financial plan PSU award for Chief Technology Officer Christoph Glingener later in 2026, subject to approvals at majority-owned subsidiary Adtran Networks SE.
  • Compensation committee does not plan to grant further annual market-based PSUs tied to relative total shareholder return to named executive officers.


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. ADTRAN Holdings 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: 0001193125-26-145496), on April 07, 2026, and is solely responsible for the information contained therein.

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