Form 4: TTEC Holdings Executive David J. Seybold Receives Restricted Stock Units

David J. Seybold, CEO of TTEC Digital, received 42,955 restricted stock units (RSUs) from TTEC Holdings, Inc. on October 4, 2024, vesting over two years.

Summary

• David J. Seybold, CEO of TTEC Digital, received 42,955 time-based Restricted Stock Units (RSUs) on October 4, 2024.
• The RSUs will vest in two equal installments: 50% on October 4, 2025, and the remaining 50% on October 4, 2026.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. The sentiment is neutral to positive.

Positives

• The grant of RSUs aligns the executive's interests with the long-term performance of the company.
• The vesting schedule encourages continued service and contribution from the executive.

Risks

• The value of the RSUs is dependent on the future stock price of TTEC Holdings, Inc., which is subject to market fluctuations.

Future Outlook

The vesting of the RSUs is contingent upon continued service with the company through the vesting dates.

Industry Context

Granting RSUs is a common practice in the technology and customer experience industry to incentivize and retain key executives.

Comparison to Industry Standards

• Companies like Accenture and Cognizant also use RSUs as part of their executive compensation packages.
• The vesting schedule of 50% per year is fairly standard in the industry.

Stakeholder Impact

• Shareholders may view the RSU grant as a positive incentive for executive performance.
• Employees may see the grant as a sign of the company's commitment to its leadership.

Key Dates