Vijay Manthripragada holds significant stock options at Montrose Environmental Group. In 2021, he was granted 900,000 stock appreciation rights (SARs) at an exercise price of $66.79, which will vest based on performance goals over a five-year period. His wealth peaked...

Vijay Manthripragada holds significant stock options at Montrose Environmental Group. In 2021, he was granted 900,000 stock appreciation rights (SARs) at an exercise price of $66.79, which will vest based on performance goals over a five-year period. His wealth peaked during the company's public offering in 2020 when he gained a $2 million bonus. By the end of 2022, the value of his equity dropped, reflecting the volatile nature of equity-based compensation. Interestingly, 316,209 of his restricted stock units (RSUs) equate to a potential $10 million value, contingent on meeting performance milestones. This highlights both the risk and reward in his financial strategy, as his fortunes are closely tied to the company's performance and stock price.