How Wu was paid
$1.2M in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Options | Total |
|---|---|---|---|---|---|
| Yang WuChairman and Chief Executive Officer | $564,480 | — | $590,000 | — | $1,154,480 |
| Shengxian WuChief Operating Officer | $400,000 | $93,750 | — | $890,000 | $1,383,750 |
| Isida TushePresident, General Counsel and Company Secretary | $450,000 | $125,000 | — | $890,000 | $1,465,000 |
What changed and why
- $1.2M2024 CEO pay totaled $1,154,480, up from $649,008 in 2023, driven by a $590,000 fully vested RSU award.
- $564K2024 salaries increased to $564,480 for Mr. Wu, $400,000 for Dr. Wu, and $450,000 for Ms. Tushe.
- $93,7502024 short-term program was not established; one-time bonuses were $93,750 and $125,000.
- 60%2022 PSUs paid at 60% of target after actual relative TSR ranked at the 30th percentile.
- $1.29Dr. Wu and Ms. Tushe each received options to purchase 1,000,000 shares at $1.29 per share.
Other Microvast Holdings proxy statements
- 2026 proxy statement
Yang Wu paid $3.8M (+231% on the year).
Filed Oct 09, 2026
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.