KE Holdings, Inc. Class A (HK:2423) has released an update.
KE Holdings Inc. has announced the approval of a substantial equity incentive for its employees, involving the grant of over 20 million Restricted Share Units (RSUs) without shareholder approval. These RSUs, which correspond to Class A ordinary shares, are to be distributed among 2,452 employees and will vest over periods ranging from 7 to 48 months, in accordance with the company’s 2020 Share Incentive Plan. The initiative is aimed at employee retention and motivation, with no RSUs granted to directors or significant shareholders.
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