Safe & Green Holdings Announces Ceo Paul Galvin Elects to Receive Part of 2023 Performance Bonus in Shares

July 12, 2024

https://www.globenewswire.com/news-release/2024/07/12/2912381/0/en/Safe-Green-Holdings-Announces-Ceo-Paul-Galvin-Elects-to-Receive-Part-of-2023-Performance-Bonus-in-Shares.html

MIAMI, FL, July 12, 2024 (GLOBE NEWSWIRE) — Safe & Green Holdings Corp. (NASDAQ:SGBX) (“Safe & Green Holdings” or the “Company”), a leading developer, designer, and fabricator of modular structures, announces that Paul Galvin, CEO of the Company, has elected to receive part of his 2023 performance bonus in shares of common stock of the Company in lieu of cash, reiterating his commitment to the Company. Mr. Galvin will receive 69,960 shares of common stock of the Company, which represents approximately $165,805 of Mr. Galvin’s $350,000 2023 performance bonus, based on the closing price of the Company’s common stock on July 9, 2024.

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