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Trustpilot Announces Vesting of 2022 Long Term Incentive Plan Awards

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Trustpilot Announces Vesting of 2022 Long Term Incentive Plan Awards

Confident Investing Starts Here:

Trustpilot Group Plc ( (GB:TRST) ) just unveiled an announcement.

Trustpilot Group Plc announced the vesting of 2022 awards under its Long Term Incentive Plan, with shares released to key managerial personnel. The vesting was based on performance conditions related to total shareholder return, annual recurring revenue growth, and trust performance measures. The overall vesting percentage was 72.8%, with some shares sold to cover tax liabilities. This announcement reflects Trustpilot’s commitment to aligning managerial incentives with company performance, potentially impacting stakeholder confidence and market positioning.

More about Trustpilot Group Plc

Trustpilot Group Plc operates within the online review industry, providing a platform for consumers to share feedback and reviews about businesses. The company focuses on enhancing transparency and trust in the marketplace by allowing users to express their experiences with various products and services.

YTD Price Performance: -30.10%

Average Trading Volume: 2,071,157

Technical Sentiment Signal: Buy

Current Market Cap: £847.7M

Find detailed analytics on TRST stock on TipRanks’ Stock Analysis page.

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