other material
confidence high
sentiment neutral
materiality 0.50
VF Corp shareholders approve amended stock compensation plan with 93M share reserve
V F CORP
- Plan amendment approved with 227.9M shares for, 66.5M against, 49.6M broker non-votes at July 23 annual meeting.
- Share reserve increased to 93M shares; full-value awards count 3:1 against reserve; minimum 1-year vesting for grants on/after July 23.
- Advisory vote on NEO compensation passed (277.4M for, 17.0M against); all 13 director nominees elected.
- Plan as amended and restated May 14, 2024 filed as Exhibit 10.1 and incorporated by reference.