Shares of Insignia Flat After Board Overhauls CEO's Fiscal Year 2026 Incentive Plan

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Shares of Insignia Flat After Board Overhauls CEO's Fiscal Year 2026 Incentive Plan

MT Newswires Live2025-09-23

Shares of Insignia Financial (ASX:IFL) were flat in recent Tuesday trade after it said in a late Monday filing that it will increase Chief Executive Officer Scott Hartley's fiscal year 2026 target short-term variable reward (STVR) to 80% from 59.5% of total fixed remuneration (TFR).

Harley's maximum STVR opportunity will also increase to 120% from 74.4%, contingent on the CEO meeting performance goals, the filing said.

The board also said Hartley's long-term variable reward (LTRV) will be reshaped to include fixed and deferred components, the filing added.

The new LTVR structure lowers the target from to 100% from 110.5% of TFR, while increasing the maximum opportunity to 132%, the filing said.

Hartley's total fixed remuneration remains unchanged at AU$1.4 million, the company added.

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