AGM/EGMJun 12, 2026, 04:13 PM
Service Properties Trust Shareholders Approve 4M Share Equity Plan
AI Summary
Service Properties Trust shareholders approved the Third Amended and Restated 2012 Equity Compensation Plan, increasing the total common shares available for grant by 4,000,000 and extending the plan's term until June 11, 2036. Additionally, shareholders elected seven Trustees to the Board for a one-year term. A non-binding advisory resolution on executive compensation was approved, and Deloitte & Touche LLP was ratified as the independent auditors for the 2026 fiscal year.
Key Highlights
- Shareholders approved the Third Amended and Restated 2012 Equity Compensation Plan.
- The plan increases the total common shares available for grant by 4,000,000.
- The term of the equity compensation plan is extended until June 11, 2036.
- Seven Trustees were elected to the Company's Board for a one-year term.
- A non-binding advisory resolution on executive compensation was approved with 93,864,625 votes For.
- Deloitte & Touche LLP was ratified as independent auditors for 2026 with 117,966,231 votes For.
- The Share Award Plan was approved with 90,434,074 votes For.
Price Impact
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