Galaxy Gaming CEO Matt Reback gets new employment deal with base salary rising to $385,000
GLXZ•Bonus and equity terms
Reback's annual discretionary bonus target is set at 75% of base salary, tied to board-set individual and corporate performance objectives.
The agreement also includes a stock option grant for 150,000 shares at an exercise price of $1.66, vesting in three 50,000-share tranches on Sept. 1, 2027, 2028 and 2029.
In addition, he received a conditional restricted stock grant of 150,000 shares, subject to board-set targets based on metrics concluding Dec. 31, 2028.
Reback gets amended employment agreement
Galaxy Gaming has entered into an amended, restated employment agreement with CEO Matt Reback, effective Sept. 1, 2026, and running through May 31, 2029.
His base salary will be $367,500 through Aug. 31, 2027, rising to $385,000 for the remainder of the term.
