Kestrel Group grants $1.95M in performance stock to three top executives tied to 2026 EBITDA

Filed May 14, 2026 · Period ending May 14, 2026 · ~1 min read

Key Changes

• high

  Executive Chairman, CEO, and President/CFO each received $650,000 in restricted stock (61,588 shares each), vesting only if the Program Services segment hits 2026 EBITDA targets—awards are forfeited entirely if threshold performance isn't met.

  Item 5.02 verify on EDGAR →
• high

  Performance metric is 100% weighted to Program Services EBITDA from insurance distribution and fee-based businesses, with vesting ranging from 25% at threshold to 200% at maximum performance levels.

  Exhibit 10.1 verify on EDGAR →
• medium

  Earned shares vest in thirds: one-third immediately upon Committee certification of goal achievement, then one-third annually over the next two years, creating retention through 2028-2029.

  Item 5.02 verify on EDGAR →