other material
confidence high
sentiment neutral
materiality 0.40
Stockholders approve amended 2022 equity plan, adding 500K authorized shares
STEPAN CO
- Proposal 4 approved: amendment of 2022 Equity Incentive Plan; adds 500K shares for total 1M authorized.
- Elected directors Lorinda A. Burgess and Luis E. Rojo to three-year terms (each >97% support).
- Advisory say-on-pay passed with 17.4M for vs 336K against; broker non-votes 1.98M.
- Ratified Deloitte & Touche as independent auditor for fiscal 2025 (19.5M for).
- Plan effective April 29, 2025; includes minimum vesting of one year except for limited exceptions.