other material
confidence high
sentiment neutral
materiality 0.55
Valmont board approves 2022 Stock Plan authorizing 2M shares
VALMONT INDUSTRIES INC
- Plan subject to shareholder vote at annual meeting on April 26, 2022.
- Authorizes 2,000,000 shares for stock options, SARs, restricted stock, performance shares, etc.
- Once approved, no further grants under Predecessor Plans (2018, 2013, 2008).
- Equity awards vest no earlier than first anniversary; up to 5% of shares exempt from this rule.