Warner Music Group Grants CEO Robert Kyncl New Performance-Based Equity Awards

Warner Music Group Corporation has amended the employment agreement with its Chief Executive Officer, Robert Kyncl. Under the new terms, Kyncl will receive a one-time stock option award valued at $10 million, granted in three tranches of $3,333,333 each. These options are subject to performance conditions, requiring the company’s stock to achieve targeted returns of 8%, 10%, and 12% for at least 20 consecutive trading days within three years of the grant date. The options will vest in equal annual installments over three years and have a seven-year term. Additionally, Kyncl will receive annual performance share unit (PSU) awards targeting $5 million, with the first grant scheduled for January 2026. Each PSU award will vest on the third anniversary of the grant date, contingent on continued employment and achievement of established financial and long-term goals. In the event of a termination without cause or for good reason, Kyncl will be entitled to severance equal to his total annual target compensation, estimated COBRA health plan costs for a year, and a pro rata bonus for the year of termination. All other terms of his employment remain unchanged. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Warner Music Group Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-303579), on December 01, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here