Kuaishou Technology Class B (HK:1024) has released an update.
Kuaishou Technology Class B has announced the grant of 7,696,441 Restricted Share Units (RSUs) to employees under the 2023 Share Incentive Scheme, with the goal of aligning employee interests with the company’s long-term growth. These RSUs, granted at no purchase price, will vest over a period up to 48 months and have no attached performance target. After this grant, a substantial number of shares remain available for future incentive grants.
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