"But the larger story lies in her long-term incentives. Schwartz received about 1.7 million performance-based stock units, which vest only if Opendoor shares reach $9, $13, $17, $21, $25, $29, or $33 over a 30-day period between April 2026 and October 2030, according to an SEC filing. This ties a substantial portion of her pay directly to the company's stock performance over several years-a clear reflection of a broader trend toward performance-driven compensation across Opendoor's leadership."
"Riot recalibrated its 2026 pay program to better align with the company's strategic priorities, shifting away from bitcoin-centric compensation. SEC filings reveal that once Riot secures a data center tenant, executive incentives will focus on revenue and net operating income tied to those operations. Specifically, "Data Center Revenue" and "Data Center NOI" will each account for 15% of the annual incentive plan, with payouts ranging from zero to 200% depending on results."
Executive pay packages are being reengineered around explicit, measurable performance targets, sometimes including stock-price milestones. Christy Schwartz became Opendoor's CFO on Jan. 1 after serving in multiple finance roles. Her initial base salary is $1.2 million through May 15, then drops to $500,000 annually, plus a $100,000 sign-on bonus. Schwartz received about 1.7 million performance-based stock units that vest only if shares reach specified price thresholds between April 2026 and October 2030. Riot Platforms shifted compensation away from bitcoin-centric metrics toward data center performance, weighting Data Center Revenue and Data Center NOI at 15% each with payouts from 0–200%.
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