Senator Warren Seeks Answers from Clover Health Following Disclosure of $200,000 Stock Award for Medicare and Social Security Public Trustee Nominee

Statement

Date: Nov. 9, 2023
Location: Washington, D.C.

"Mr. Kouzoukas also indicated that these shares will vest in 2024, one year after the date they were granted, at the same time that Mr. Kouzoukas would be serving as a Public Trustee if confirmed. This equity payment for 2023 is roughly 10 times higher than the payment that Mr. Kouzoukas received for his board service in 2021 (25,608 restricted stock units) or in 2022 (20,271 restricted stock units)."


Source
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