other
confidence high
sentiment neutral
materiality 0.40
ScanSource shareholders approve 2021 equity plan, adopt majority voting, eliminate supermajority
SCANSOURCE, INC.
- Shareholders approved 2021 Omnibus Incentive Compensation Plan; 1.6M shares authorized for future awards.
- Adopted majority voting standard for uncontested director elections; replaces plurality default.
- Eliminated supermajority voting; majority standard now applies to mergers, asset sales, and charter amendments.
- All nine director nominees elected; votes for each ranged from 23.2M to 23.7M with ~906K broker non-votes.
- Ratified Grant Thornton LLP as independent auditor for fiscal 2022 with 24.6M votes for.