on CoTec Holdings Corp. (CVE:CTH)
CoTec Holdings Announces Annual Incentive Grants
On May 1, 2026, CoTec Holdings Corp. announced the allocation of incentive stock options, restricted share units (RSUs), and deferred share units (DSUs) under its Long Term Incentive Plan. The effective date for these grants was April 30, 2026, with the company’s shares valued at $1.34 on the TSX Venture Exchange.
A total of 598,274 stock options were awarded to employees, exercisable over ten years at the mentioned price, with vesting staggered annually over three years. Additionally, 1,364,482 RSUs were distributed, mostly to company officers, with a smaller portion allocated to a consultant, vesting similarly in three equal annual portions.
The Board of Directors received 213,919 DSUs, acting as compensation in lieu of fees, vesting one year post-issuance.
R. P.
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