ESOPMay 21, 2026, 04:28 PM
Alexander's Stockholders Approve 2026 Omnibus Stock Plan
AI Summary
Alexander's, Inc. stockholders approved the 2026 Omnibus Stock Plan at the Annual Meeting, which replaces the 2016 Plan and makes 500,000 shares available for incentive awards. All other proposals also passed, including the re-election of three directors, the non-binding advisory vote on executive compensation, and the ratification of Deloitte & Touche LLP as the company's independent auditor for the fiscal year 2026.
Key Highlights
- Stockholders approved the Alexander's, Inc. 2026 Omnibus Stock Plan.
- The 2026 Plan supersedes and replaces the 2016 Omnibus Stock Plan.
- 500,000 shares of common stock are available for issuance under the 2026 Plan.
- Thomas R. DiBenedetto, Mandakini Puri, and Russell B. Wight Jr. were re-elected as directors.
- Stockholders approved the non-binding advisory vote on executive compensation.
- Deloitte & Touche LLP was ratified as the independent registered public accounting firm for 2026.
Price Impact
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