"Stock Ownership Guideline Administration" from Pay Governance is responsive to the fact that executive and director stock ownership guidelines may fail to function as designed in a COVID-19 environment characterized by significant stock price volatility. The instructive article suggests alternatives to common provisions (e.g., time period for compliance, stock price to assess compliance) that companies may consider to accommodate the current environment in a way that also aligns with good governance practices and stock ownership objectives.
Access numerous additional resources on our Executive Pay and Director Compensation pages. This post first appeared in the weekly Society Alert!