Corporate GovernanceMay 19, 2026, 04:38 PM
Helen of Troy Amends Annual Incentive Plan
AI Summary
Helen of Troy's Board of Directors approved an Amended and Restated Annual Incentive Plan on May 13, 2026. The plan aims to promote company success by providing bonus incentives to participating employees. Key amendments include removing outdated tax code references, aligning provisions with the 2025 Stock Incentive Plan, and clarifying the delegation of authority for setting incentive opportunities and granting awards to employees other than Named Executive Officers.
Key Highlights
- Helen of Troy's Board approved the Amended and Restated Annual Incentive Plan on May 13, 2026.
- The plan provides bonus incentives to participating employees to promote company performance.
- Amendments include removing references to Section 162(m) of the Internal Revenue Code.
- Provisions were aligned with the Company's 2025 Stock Incentive Plan.
- Authority for delegating award grants to non-Named Executive Officers was clarified.
Price Impact
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