BRR Stock Jumps After CEO Anthony Pompiliano Accepts $1 Salary With Stock Incentives

Shares of ProCap Financial (BRR) jumped in morning trade on Thursday after the company announced CEO Anthony Pompliano will earn $1 as his annual salary. 

The company added that Pompliano’s stock-based compensation will only vest if the stock hits $15 per share, and will continue to vest in increments as the stock rises to $50. The plan, described as a “moonshot” structure, is designed to align leadership and early investors’ pay with long-term shareholder value.

“This means I need to create a nearly 300% increase in the stock price before I personally earn the first dollar of equity compensation,” Pompliano said in a Substack post explaining his decision. At the time of writing, BRR’s stock price was trading at around $5, after rising more than 10% since market open. 

On Stocktwits, retail sentiment around the company trended in ‘extremely bullish’ territory, accompanied by ‘extremely high’ levels of chatter.

Get updates to this developing story directly on Stocktwits.

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