Universal filed an amendment to its Form 8-K to add compensation details for Steven S. Diel, who was previously named senior vice president and chief financial officer effective April 1, 2026. The filing said his annual base salary will be USD 490,000 and his annual target bonus opportunity will be USD 350,000. It also set his annual long-term incentive equity awards target at USD 0.56 million. The amendment disclosed a one-time restricted stock unit grant valued at about USD 1.2 million, with one-third vesting on April 1 in 2027, 2028 and 2029.
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