Unity Software Inc. approved a special grant of 880,000 performance-based, price-vesting restricted stock units (PPSUs) to its President and CEO, Matthew Bromberg. The award, granted on August 17, 2026, is designed to support leadership retention and align the CEO's compensation with the company's long-term strategy and stockholder value creation.
Key Details
- Award Size: The grant consists of 880,000 PPSUs, which are entirely at-risk and vest only if specific stock price and service conditions are met.
- Vesting Conditions: The PPSUs vest over a five-year performance period ending August 17, 2031, and are split into three tranches tied to stock price hurdles: $50.00, $60.00, and $75.00. Vesting also requires Mr. Bromberg's continued service through August 2027, 2028, and 2029 for each respective tranche.
- Strategic Rationale: The Compensation Committee stated the one-time award reinforces the CEO's focus on executing Unity's multi-year strategy, including integrating its platforms into an AI-driven system and building on recent revenue growth and profitability.