ZTEST Electronics Inc. Grants Stock Options to Executives

ZTEST Electronics Inc. has announced the grant of stock options to key executives, including CEO Dave Barnett. The total incentive options allow the purchase of 1,200,000 common shares. Barnett received options for 600,000 shares, exercisable at $0.45 each, coinciding with the closing price on August 21, 2026. The options expire in 2031, with time-based vesting over three years and performance conditions tied to a share price increase to $0.675.

Additionally, four company directors received options for 150,000 shares each. These options have the same terms and vest partially after six months and fully after a year. The performance-linked options aim to align management's incentives with shareholder returns, said Bill Johnstone, Corporate Secretary and director.

The company emphasizes that these options focus on long-term value creation instead of rewarding short-term results.