NASDAQ — Technology: Services, Software - Application: Services-Prepackaged Software
www.cccis.comCCC Intelligent Solutions Holdings Inc. is set to settle and vest 227,975 target performance stock units (PSUs) for Michael Silva on or before March 15, 2026. This follows Silva's departure from his role as Executive Vice President, Chief Commercial Officer & Customer Success Officer on December 31, 2024. The PSUs have a performance period ending on December 31, 2025. According to a separation agreement, these units will be settled based on their vesting schedule. Silva will also receive additional separation payments and benefits including a cash payment and extended health coverage. The vesting is part of Silva's separation package, which also stipulates compliance with non-competition and non-solicitation covenants for 24 months following his departure.
Stock Vesting and Payment