other material
confidence high
sentiment neutral
materiality 0.30
Rogers Corp adopts new Annual Incentive Plan, ends stock program; 120,833 shares returned
ROGERS CORP
- Rogers Corp adopted a new Annual Incentive Compensation Plan effective Jan 1, 2025, providing annual cash incentives for eligible employees including executive officers.
- Awards under the AICP are based on corporate, business unit, and individual performance metrics set by the Compensation Committee.
- Payouts generally occur by March 15 following the performance year; employees must be employed on payment date unless death/disability.
- Board ceased further elections under the 2009 Stock Acquisition Program; 120,833 shares returned to authorized but unissued share reserve.