Reuters broke the news that stock-trading app Robinhood Markets Inc is giving its billionaire founders four more years to hit share price targets that trigger stock awards worth $1.4 billion. The change could cost Robinhood almost $570 million in accounting expenses over time, according to a regulatory filing and a compensation expert.
The post Reuters reveals Robinhood gives founders second chance at $1.4 billion windfall appeared first on Reuters News Agency.
