ESOPMay 19, 2026, 03:11 PM
Roper Technologies Increases Incentive Plan Shares by 14.15M, ESPP Shares by 1M
AI Summary
Roper Technologies' shareholders approved amendments to its 2021 Incentive Plan and Employee Stock Purchase Plan (ESPP) at the 2026 Annual Meeting. The 2021 Incentive Plan saw an increase of 14.15 million new shares, bringing the total to over 23.4 million shares, and removed a vesting exception for non-employee directors. The ESPP was amended to add 1 million new shares, increase the purchase discount to 15%, and raise payroll deduction limits to 15%. All director nominees were elected, and most proposals were approved.
Key Highlights
- Shareholders approved an amendment to the 2021 Incentive Plan.
- 2021 Incentive Plan shares increased by 14,150,000 new shares, totaling 23,409,479 shares.
- One-year minimum vesting exception for non-employee directors was eliminated from the 2021 Incentive Plan.
- Shareholders approved an amendment to the Employee Stock Purchase Plan (ESPP).
- ESPP shares increased by 1,000,000 new shares, totaling 2,000,000 shares.
- ESPP purchase discount increased from 10% to 15%.
- ESPP payroll deduction limit increased from 10% to 15% of compensation.
- All director nominees were elected, and proposals 2, 3, 4, and 5 were approved.
Price Impact
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