Corporate GovernanceMay 21, 2026, 05:02 PM
BankUnited Shareholders Approve Amended Equity Incentive Plan
AI Summary
BankUnited, Inc. shareholders approved the Amended and Restated 2023 Omnibus Equity Incentive Plan at the Annual Meeting, increasing the shares available for issuance by 1,500,000 to a total of 2,301,549 and extending the plan's termination date to May 21, 2036. Additionally, shareholders elected nine directors, ratified Deloitte & Touche LLP as the independent auditor for 2026, and approved the compensation of the company's named executive officers in an advisory vote.
Key Highlights
- Shareholders approved the Amended and Restated 2023 Omnibus Equity Incentive Plan.
- The Amended Plan increases shares available for issuance by 1,500,000 to a total of 2,301,549 shares.
- The plan's termination date was extended from May 16, 2033, to May 21, 2036.
- Nine director nominees were elected to the Board with strong shareholder support.
- Deloitte & Touche LLP was ratified as the independent auditor for 2026 with 67,952,223 votes For.
- The advisory vote to approve executive compensation passed with 54,673,360 votes For.
- The Amended Equity Incentive Plan was approved with 36,175,265 votes For.
Price Impact
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