other material
confidence high
sentiment negative
materiality 0.70
RBC Bearings shareholders reject say-on-pay, two director nominees fail to get majority support
RBC Bearings INC
- Say-on-pay resolution rejected: 17,695,037 against vs 6,064,180 for.
- Directors Crowell and Levine received majority withheld votes (14.6M and 14.0M withheld); only Kaplan elected with 16.9M for.
- 2021 Long Term Incentive Plan approved (15.4M for, 8.4M against), authorizing 1.5M shares for future equity awards.