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BayCom adopts 2026 performance stock unit program for senior executives

PUBT·07/22/2026 20:32:27
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BayCom adopts 2026 performance stock unit program for senior executives
  • BayCom adopted a 2026 Performance Stock Unit Program for senior executives under its 2024 Omnibus Incentive Plan.
  • Each PSU converts into 0.5 share of common stock plus cash equal to the fair value of 0.5 share at settlement.
  • Units vest only if the stock’s volume-weighted average price meets a set threshold for 20 consecutive trading days.
  • Earned “Banked PSUs” settle after the third anniversary of grant, split 50% stock, 50% cash valued on settlement date.
  • Change-in-control treatment depends on replacement awards; otherwise, settlement occurs on the effective date, split 50% stock, 50% cash.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BayCom Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000927089-26-000133), on July 22, 2026, and is solely responsible for the information contained therein.