LENSAR Ties Executive Incentives to Revenue Milestones

LENSAR (LNSR) just unveiled an update.

LENSAR, Inc. has incentivized key executives Nicholas T. Curtis, Alan B. Connaughton, and Thomas R. Staab II with restricted and performance stock units under their 2020 Incentive Award Plan. The awarded stocks will vest over four years and are tied to ambitious revenue milestones, with half vesting if revenues hit $75 million before 2026, and the remaining half if they surpass $100 million before 2027. This strategic move aligns executive rewards with the company’s financial growth, signaling a drive towards aggressive revenue targets to stakeholders.

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