[arpyzo]

I assume the board needs to approve this. What is their motivation for doing so?

[willcipriano]

They are worried he will CEO a plane their family is on.

[cozzyd]

They tried to shut the door on it but...

[ijijijjij]

"Calhoun’s 2023 awards were designed to emphasize the importance of long-term shareholder value growth"

He was awarded lots of shares that he can't cash out yet, apparently

[PenguinCoder]

His bonus was predicated on the value of shareholders return, and he met that metric. Thus he has _earned_ this payout. *

*I personally think that is a bunch of BS. But that is how such is justified.

[ijijijjij]

That's not how I understand it. They want him to make good decisions to make his shares' value go up for when he will be allowed to sell them. Which kind of make sense but I'm not sure.