Ashford Hospitality ( (AHT) ) has issued an update.
Ashford Inc. has entered a compensatory arrangement with Stephen Zsigray, the CEO of Ashford Hospitality Trust, involving a significant sign-on bonus and equity grants. This includes a deferred cash award of $704,110 and 509,000 shares of restricted stock, with payments and vesting linked to specific milestones and continued employment. The arrangement reflects strategic financial incentives aimed at encouraging leadership to focus on value creation and strategic goals.
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