AGM/EGMMay 20, 2026, 04:24 PM
NN Inc. Stockholders Approve Incentive Plan, Elect 8 Directors
AI Summary
NN, Inc. held its 2026 Annual Meeting, where stockholders approved the Amended and Restated 2022 Omnibus Incentive Plan, increasing shares reserved for issuance by 2,000,000. Additionally, eight directors were elected for a one-year term, and the advisory vote on executive compensation was approved. Stockholders also ratified Grant Thornton LLP as the independent public accounting firm for fiscal year 2026.
Key Highlights
- Stockholders approved the Amended 2022 Omnibus Incentive Plan, increasing reserved shares by 2,000,000.
- The incentive plan was approved with 19,933,766 votes For and 1,034,018 Against.
- Eight directors were elected to serve a one-year term.
- Dr. Rajeev Gautam received the highest votes for director with 26,491,738 For.
- The advisory vote on executive compensation was approved with 19,954,589 votes For.
- Grant Thornton LLP was ratified as the independent auditor with 34,443,464 votes For.
- A total of 50,190,124 shares were outstanding and entitled to vote at the Annual Meeting.
Price Impact
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