SalMar ASA grants restricted share units to key personnel as long-term incentive

SalMar ASA (OSL:SALM) has announced the grant of restricted share units to eleven primary insiders, including its chief executive officer, chief financial officer, and other senior management. These grants are part of a share-based incentive scheme, with the restricted share units relating to ordinary shares in SalMar ASA (ISIN: NO0010310956).

Frode Arntsen, CEO, received 4,144 restricted share units, while Ulrik Steinvik, CFO, was granted 2,637 units. Other recipients include Anders Fjellheim (COO farming) with 2,434 units, Roger Bekken (CTO) with 2,310 units, Simon Søbstad (COO sales & industry) with 2,524 units, Eva Johanne Haugen (director quality management/HSE) with 1,428 units, Arthur Wisniewski (director human resource management) with 1,746 units, Runar Sivertsen (chief strategy officer) with 2,164 units, and Håkon Husby (head of investor relations) with 1,070 units. Ingvild Kindlihagen, an employee representative on the board, received 328 units.

Each restricted share unit provides the holder the right to acquire one SalMar ASA share free of charge. These units vest over a three-year period, with one-third vesting each year. The final number of released units and transferred shares is determined by predefined performance criteria. All transactions were conducted outside a trading venue (XOFF) and aggregated at a price of NOK 0.00.