AGM/EGMMay 6, 2026, 04:18 PM
Ryerson Stockholders Approve Incentive Plan, Officer Exculpation; Director Departs
AI Summary
Ryerson Holding Corporation held its Annual Meeting on April 30, 2026, where stockholders approved several key proposals. These included the Third Amended and Restated 2014 Omnibus Incentive Plan, which increased shares reserved for issuance by 1,500,000 and extended its term. Stockholders also approved an amendment to the Certificate of Incorporation to provide for officer exculpation. Additionally, Kirk K. Calhoun was not re-elected as a director, while Jacob Kotzubei, Edward J. Lehner, and Philip E. Norment were re-elected. KPMG LLP was ratified as the independent auditor, and the advisory 'say-on-pay' vote was approved.
Key Highlights
- Stockholders approved the Third Amended and Restated 2014 Omnibus Incentive Plan.
- The incentive plan increased shares reserved for issuance by 1,500,000 and extended its expiration to April 29, 2036.
- An amendment to the Certificate of Incorporation for officer exculpation was approved.
- Kirk K. Calhoun was not re-elected as a director, ceasing service on April 30, 2026.
- Jacob Kotzubei, Edward J. Lehner, and Philip E. Norment were re-elected as Class III Directors.
- KPMG LLP was ratified as the independent registered public accounting firm for 2026.
- The advisory resolution approving executive compensation (say-on-pay) was adopted.
Price Impact
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