AGM/EGMMay 22, 2026, 12:48 PM
Granite Ridge Stockholders Approve 2.5M Share Increase for Incentive Plan
AI Summary
Granite Ridge Resources, Inc. stockholders approved the First Amendment to the 2022 Omnibus Incentive Plan, increasing shares available for issuance by 2,500,000 and extending its term by two years to October 24, 2034. Shareholders also elected three Class I directors, ratified Forvis Mazars LLP as the independent auditor for 2026, and approved, on an advisory basis, the compensation of named executive officers. Additionally, stockholders voted to hold the advisory vote on executive compensation annually.
Key Highlights
- Stockholders approved a 2,500,000 share increase for the 2022 Omnibus Incentive Plan.
- The 2022 Omnibus Incentive Plan's term was extended by two years to October 24, 2034.
- Thaddeus Darden, Michele J. Everard, and Kirk Lazarine were elected as Class I directors.
- Appointment of Forvis Mazars LLP as independent auditor for 2026 was ratified with 115,626,807 votes for.
- Named executive officer compensation was approved with 97,890,311 votes for.
- Advisory vote on executive compensation frequency will be held annually with 102,006,054 votes.
Price Impact
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