Centrus Energy grants special performance RSUs to executives tied to enrichment milestones
Centrus Energy's Compensation, Nominating & Governance Committee approved a one-time grant of performance-based restricted stock units to executive officers and certain senior leaders on August 15, 2026, under a new 2026 Supplemental Executive Incentive Plan. The awards vest only if the company meets specified milestones, including completing a first cascade at its Piketon, Ohio facility and achieving enrichment from a first cascade, and are forfeited if employment ends before vesting.
Key points
- Grant approved August 15, 2026 under the 2026 Plan, which sits under the 2014 Equity Incentive Plan
- CEO Amir V. Vexler's awards, valued at $5,000,000 at full achievement, vest 100% on the Final Milestone
- Other named executive officers' awards vest 30% on the first cascade at Piketon, Ohio and 70% on the Final Milestone; named officers' values range from $1,300,000 to $2,000,000 at full achievement
- Award agreements will be filed as exhibits to the Form 10-Q for the quarter ending September 30, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 18, 2026.
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