Boost Run Inc. announced material compensatory arrangements for three executive officers, approved on September 29, 2026. The awards include substantial grants of time-based Restricted Stock Units (RSUs) valued at over $76 million and a special $1 million cash recognition award for the Chief Operating Officer.
Key Details
- RSU Grants: The company granted a total of 4,590,000 RSUs to its CFO, COO, and CTO with a combined grant-date fair value of approximately $76.4 million, based on the closing stock price of $16.65.
- CFO Erik Guckel: 2,890,000 RSUs (~$48.1M value)
- CTO Daniel Gormley-Rahn: 1,400,000 RSUs (~$23.3M value)
- COO Harilaos Georgakopoulos: 300,000 RSUs (~$5.0M value)
- Cash Recognition Award: COO and Director Harilaos Georgakopoulos was also granted a one-time special cash recognition award of $1,000,000.
- Award Terms: The RSU awards have multi-year vesting schedules, generally through mid-2029, contingent on continued service. The cash award is payable in three installments between October 2026 and April 2027 and is subject to clawback provisions if the executive resigns within 24 months.