Smartsheet (SMAR) just unveiled an update.
On May 28, 2024, Smartsheet Inc. established a Nonqualified Deferred Compensation Plan for select employees, including executive officers, allowing them to defer portions of their salary, bonuses, and equity awards for tax-advantaged retirement savings. The plan, effective from May 31, 2024, offers flexibility in savings, with the company retaining the ability to adjust deferral percentages and contribute at its discretion.
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