Vestis grants retention RSU awards to four executive officers, including CFO Kelly Janzen
Vestis approved one-time retention equity awards for key employees, with four executive officers receiving time-based restricted stock units granted August 25, 2025. The awards are meant to keep key staff in place and represent between 0.3x and 1.0x of the typical annual long-term incentive grant.
Key points
- CFO Kelly Janzen receives 200,000 time-based RSUs; COO William J. Seward, Chief Legal Officer André C. Bouchard and CTO Grant Shih each receive 80,000 RSUs.
- RSUs vest two-thirds on the second anniversary and one-third on the third anniversary of the August 25, 2025 grant date, if the recipient remains employed.
- Pro-rated vesting applies on death, disability or termination without Cause before a vesting date.
- The Compensation and Human Resources Committee approved the awards on August 20, 2025; the grant agreement is filed as Exhibit 10.1.
The filing
Written by AI on Nov 8, 2026, 1:55 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 August 26, 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.