#USA #NASDAQ #Plano #Equity Awards #Ribbon Communications

Ribbon Communications Grants Inducement Equity Awards

On October 31, 2025, Ribbon Communications Inc., a leading provider of real-time communications technology and IP optical networking solutions, made a significant announcement regarding its executive team. The company has awarded inducement equity grants to two key executives: Steve McCaffery, appointed as Executive Vice President of Global Sales, and Don Toft, who will serve as Senior Vice President of Americas Service Providers Sales. This move aligns with Nasdaq Listing Rule 5635(c)(4), which governs the conditions under which companies can offer stock grants to new employees.

The incentives for Mr. McCaffery include a substantial package of time-based vesting restricted share units (RSUs) and performance-based vesting restricted share units (PSUs). Specifically, Mr. McCaffery has been granted a total of 108,007 RSUs that will become vested on October 31, 2026, with an additional 324,020 units vesting in six equal installments through October 31, 2029. Furthermore, his performance-based grant includes 108,006 PSUs, which will vest based on achieving the company’s financial targets over the next three years and relative shareholder returns compared to companies within the Nasdaq Telecom Index.

Similarly, Mr. Toft has received 93,677 RSUs, which will also vest on the same date as Mr. McCaffery’s awards, in addition to 108,006 PSUs structured under the same performance conditions. Both executives' RSUs and PSUs will be contingent on their continued employment with Ribbon, underscoring the company's intention to not only attract but retain top talent within its ranks.

Ribbon Communications continues to solidify its status as a global player in the telecommunications industry, catering to the world's largest service providers, enterprises, and critical infrastructure operators. The organization is committed to updating and safeguarding networks in an increasingly digital world. In doing so, it aims to enhance competitive positioning and drive favorable business outcomes. The latest equity grants signify a strong vote of confidence in both executives' abilities to lead the company into a more prosperous period.

The company's offerings cover a comprehensive range of solutions, including networking capabilities centered on cloud-native services, security, analytics tools, and cutting-edge optical networking solutions that support the evolving demands of 5G and broadband technology. Furthermore, Ribbon Communications is dedicated to its environmental, social, and governance (ESG) commitments and annually publishes a sustainability report to keep stakeholders informed.

In summary, through these equity awards, Ribbon Communications not only incentivizes its senior leadership to perform at their best but also signals its strategic direction and readiness to tackle the complex challenges of modern communications technology. The company's proactive approach highlights its dedication to innovation and excellence in serving its diverse clientele, thereby establishing a robust foundation for future growth.