secwatch.observer — SEC 8-K summary
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Issuer:     VALMONT INDUSTRIES INC (VMI)
CIK:        0000102729
Form:       8-K
Filed at:   2022-03-14T23:59:59+00:00
Accession:  0000102729-22-000014
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Valmont board approves 2022 Stock Plan authorizing 2M shares
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/102729/000010272922000014/0000102729-22-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/102729/000010272922000014/vmi-20220314.htm
  HTML page:      https://secwatch.observer/filing/0000102729-22-000014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer