IREN Chair Defends Large RSU Grants to Co-CEOs for Retention Until 2033
The chair of IREN (NASDAQ: IREN) defended the board's decision to grant large restricted stock unit awards to co-founders and co-CEOs Daniel Roberts and William Roberts as a retention strategy. Each received approximately 9 million RSUs, which vest in four annual tranches with additional holding restrictions until fiscal 2033.
Tickers: $IREN
Topics: board decision CEO retention RSUs shareholder letter