other material
confidence high
sentiment negative
materiality 0.60
Penn National shareholders approve 2022 LTIP (6.87M shares); say-on-pay vote fails
PENN Entertainment, Inc.
- Shareholders approved 2022 Long Term Incentive Compensation Plan, reserving 6,870,000 shares for issuance.
- Advisory vote on executive compensation failed with 45.9M FOR, 63.7M AGAINST, 25.8M broker non-votes.
- Class II directors Barbara Shattuck Kohn, Ronald J. Naples, and Saul V. Reibstein were elected.
- Ratification of Deloitte & Touche as independent auditor for FY2022 received 135.3M FOR votes.
- Total shares present at annual meeting: 135,655,353.