Meta Platforms Inc. is reintroducing stock options for executive officers and senior leaders. This marks the first time the company has used this compensation tool since its 2012 initial public offering.

The move aims to retain senior leadership amid intense competition for artificial intelligence talent. Recent company filings detailed the new performance-based compensation structure.

These options only vest if Meta’s stock price hits ambitious future milestones. One specific target requires the share price to reach $1,116.08.

The strategy ties rewards for leaders like CFO Susan Li and CTO Andrew Bosworth to long-term shareholder value.