AGM/EGMMay 19, 2026, 04:08 PM
Lamar Advertising Stockholders Approve Equity Plan Share Increases
AI Summary
Lamar Advertising Company stockholders approved amendments to its 1996 Equity Incentive Plan and 2019 Employee Stock Purchase Plan at the 2026 Annual Meeting. The 1996 plan's available shares increased by 2,000,000 to 19,500,000, and the 2019 plan's shares increased by 500,000. Additionally, stockholders elected ten directors, ratified KPMG LLP as the independent auditor, and approved executive compensation on an advisory basis.
Key Highlights
- Stockholders approved an amendment to the 1996 Equity Incentive Plan, increasing available shares by 2,000,000 to 19,500,000.
- Stockholders approved an amendment to the 2019 Employee Stock Purchase Plan, increasing available shares by 500,000.
- Ten directors were elected to serve until the 2027 Annual Meeting.
- KPMG LLP was ratified as the independent registered public accounting firm for the 2026 fiscal year.
- Executive compensation was approved on an advisory and non-binding basis.
Price Impact
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