During his tenure as CEO, Richard J. Carty held a substantial number of restricted stock units (RSUs) with a notable spike in value reflecting the company’s recovery. At one point, his vested stocks were valued over $4.3 million, linked to...

During his tenure as CEO, Richard J. Carty held a substantial number of restricted stock units (RSUs) with a notable spike in value reflecting the company’s recovery. At one point, his vested stocks were valued over $4.3 million, linked to performance incentives that showed his commitment to both personal and corporate success. When he joined Civitas, he secured a significant sign-on award of 37,092 shares worth approximately $1.5 million, showcasing the high expectations set for him. After his departure in 2017, he left with accelerated vesting of various equity awards, which included 137,814 RSUs. Although stock performances fluctuated during his term, his decisions significantly impacted shareholder value, leaving him in a strong financial position with million-dollar stock rewards tied to performance metrics that aligned with the company's business goals.