CareTrust REIT Launches New LTIP Unit Equity Awards for Executives and Directors
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CareTrust REIT Inc. has launched a new long-term incentive program for directors and executive officers, offering equity awards as Basic LTIP Units and Performance LTIP Units. The program includes revised vesting requirements and a new operating partnership agreement. Basic LTIP Units and RSUs require continued service for vesting, while Performance LTIP Units and PRSUs vest based on service and shareholder return performance. This announcement was made via EDGAR by CareTrust REIT Inc.
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