Kingsoft Cloud Holdings Ltd (HK:3896) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Kingsoft Cloud Holdings Limited has announced the grant of 2,849,937 Restricted Share Units (RSUs) to 77 of its employees as part of its 2021 Share Incentive Plan, without any performance targets for vesting. These shares represent about 0.07% of the company’s total issued shares. The awards have varied vesting periods, with some set to vest on the first anniversary of their vesting commencement dates and others staggered over five years, along with a clawback mechanism for cases of misconduct or contract termination.
For further insights into HK:3896 stock, check out TipRanks’ Stock Analysis page.