Ribbon Communications Awards Inducement Equity Grants to New Sales Executives
Ribbon Communications Inc. has awarded new equity compensation packages to executives Steve McCaffery and Don Toft. McCaffery will receive a total of 468,103 RSUs vesting between 2026 and 2029, while Toft will receive 165,609 RSUs vesting in 2026 and 2028. Both executives are also granted 108,006 performance-based PSUs, contingent on achieving financial goals and total shareholder return metrics. All vesting is dependent on continued employment.
Ribbon Communications Inc. has announced new equity compensation packages for Steve McCaffery, Executive Vice President, Global Sales, and Don Toft, Senior Vice President, Americas Service Providers Sales. Steve McCaffery will receive 108,007 RSUs vesting in 2026, with an additional 324,020 RSUs vesting in six equal installments through 2029, and 36,074 RSUs vesting in 2026, plus 71,932 RSUs vesting in four equal installments through 2028. Don Toft will receive 93,677 RSUs vesting in 2026 and 71,932 RSUs vesting in four equal installments through 2028. Both executives have also been granted 108,006 performance-based PSUs each, which will vest depending on the achievement of financial goals from 2025 to 2027 (60% weighting) and relative total shareholder return compared to the Nasdaq Telecom Index from late 2025 to the end of 2028 (40% weighting). All vesting is contingent on continued employment. 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. Ribbon Communications Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: NE12382) on October 31, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
