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Kingsoft Cloud Grants Restricted Share Units to Employees
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Kingsoft Cloud Grants Restricted Share Units to Employees

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Kingsoft Cloud Holdings Ltd ( (HK:3896) ) has shared an update.

Kingsoft Cloud Holdings Limited announced the grant of 97,075,903 restricted share units (RSUs) to 473 employees under its 2021 Share Incentive Plan, with vesting periods ranging from one to five years. This initiative aims to align employee interests with company goals and enhance long-term retention, though it does not include performance targets, and includes a clawback mechanism for misconduct.

More about Kingsoft Cloud Holdings Ltd

Kingsoft Cloud Holdings Limited is a company incorporated in the Cayman Islands, primarily operating in the cloud computing industry. It is listed on the Hong Kong Stock Exchange and Nasdaq, and focuses on providing cloud services to a diverse range of industries.

YTD Price Performance: -15.77%

Average Trading Volume: 132,134,507

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: HK$19.1B

See more data about 3896 stock on TipRanks’ Stock Analysis page.

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