GameSquare Announces Grant Of Restricted Share Units; Under Mr. Kenna's Employment Agreement, Mr. Kenna Was Granted 495,720 Restricted Share Units
Portfolio Pulse from Happy Mohamed
GameSquare Holdings, Inc. (NASDAQ:GAME) has entered into new Employment Agreements with Justin Kenna and Lou Schwartz, in their roles as CEO and President, respectively. Under the agreement, Kenna was granted 495,720 restricted share units (RSUs) which will vest one year following the grant date.
August 15, 2023 | 3:49 pm
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GameSquare's new employment agreement with CEO Justin Kenna includes the grant of 495,720 RSUs, which will vest in one year.
The grant of RSUs to the CEO is a common form of executive compensation and is not likely to have a significant short-term impact on the stock price. However, it aligns the CEO's interests with those of the shareholders, which could have positive long-term effects.
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