EQT Approves 2024 Short-Term Incentive Plan for Executives

EQT (EQT) has released an update to notify the public and investors about its officers.

EQT Corporation has approved the 2024 Short-Term Incentive Plan (STIP), aimed at providing competitive cash compensation and aligning employee interests with shareholder value and company objectives. The plan offers executive officers and selected employees the chance to earn cash bonuses based on performance goals related to financial and environmental metrics. While the core structure mirrors the previous year’s plan, the performance criteria have been updated. The Compensation Committee has the authority to modify the awards, which are payable in cash or, at their discretion, in company stock following the close of the 2024 calendar year.

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For a comprehensive understanding of the announcement, you can read the full document here.