As of 2023, David Risher holds a striking portfolio through performance share units (PSUs) tied to Lyft's stock performance. His PSU award covers up to 12.25 million shares, depending on achieving specific stock price goals over the next five years....
As of 2023, David Risher holds a striking portfolio through performance share units (PSUs) tied to Lyft's stock performance. His PSU award covers up to 12.25 million shares, depending on achieving specific stock price goals over the next five years. These targets start with a 50% increase from a base price of $10.00 per share and go as high as 700%. His wealth heavily hinges on Lyft's performance, which aligns his interests with the company and shareholders. In his first year, the stock price hit one of the targets, allowing for significant potential vesting of his awards. This structured approach to equity enhances his stakes directly linked to Lyft's growth and market performance, showcasing a clear commitment to driving shareholder value.