ADTRAN extends CTO Christoph Glingener employment pact, keeps base salary at €400,000

Reuters2026/08/10 20:21

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ADTRAN Holdings’ Adtran Networks unit amended CTO Christoph Glingener’s employment terms through Dec. 31, 2026; base salary stays at EUR 400,000.
Annual incentive cash bonus remains tied to total revenue, adjusted EBIT; target grant set at 60% of base salary.
Time-based RSU awards continue; annual target set at 75% of base salary; RSU value capped at EUR 903,729.
Introduced three-year financial plan PSU awards targeting EUR 903,729 across three annual tranches; payout based on 2026-2028 adjusted EBIT, with TSR adjustment; cap EUR 2 million.
Total annual remuneration cap remains EUR 2.8 million; RSU and PSU grants were issued Aug. 10.

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. ADTRAN Holdings Inc. 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: 0001193125-26-342359), on August 10, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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ADTRAN extends CTO Christoph Glingener employment pact, keeps base salary at €400,000

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