Suzano (SUZ) CEO receives large performance-based restricted share awards
Suzano S.A. CEO Joao Alberto Fernandez de Abreu received two grants of performance-based restricted shares as equity compensation, totaling 290,391 shares. These awards are issued at a stated price of $0.0000 per share and have vesting conditions tied to the company's Total Shareholder Return (TSR) relative to its Brazilian industry peers, with a multiplier ranging from 75% to 125%. This compensation mechanism aims to align the CEO's interests with shareholder performance.