Final answer:
The shares awarded to executives after a stipulation period are known as Restricted Stock Units (RSUs), which incentivize and retain key employees.
Step-by-step explanation:
The shares of company stock that are awarded to executives at the end of the mandatory stipulation period are called Restricted Stock Units (RSUs). RSUs are a type of compensation used by companies to incentivize and retain key employees. They represent a promise to give the recipient shares of the company's stock or the cash equivalent at a future date, once certain vesting conditions are met. Unlike stock options, which give employees the right to buy the company's stock at a set price, RSUs are given outright at no cost to the employee once they vest.