Insperity grants CEO Sarvadi and COO Arizpe special stock awards tied to $225 price
On June 30, 2025, Insperity's Compensation Committee approved special performance-based equity awards for Chairman and CEO Paul J. Sarvadi and President and COO A. Steve Arizpe, effective July 1, 2025. The awards are tied to the company's stock price and to the planned joint HR solution with Workday, and they vest only after five years of continued service, so they affect shareholders through potential future share issuance tied to the stock price.
Key points
- Maximum awards are 400,000 performance stock units (PSUs) for Sarvadi and 100,000 for Arizpe.
- Full payout requires a 30-day average closing stock price of $225, about 3.6 times the $62.06 grant-date closing price.
- Awards are forfeited in full if the stock does not reach the $105 threshold, and vest after five years of continued employment.
- The company said the awards aim to retain the executives while the joint solution with Workday launches.
The filing
Written by AI on Nov 8, 2026, 1:54 AM ET, from this filing 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 July 01, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.