other material
confidence high
sentiment neutral
materiality 0.35
Superior Group provides supplemental disclosure on 2022 equity plan after ISS unfavorable recommendation
SUPERIOR GROUP OF COMPANIES, INC.
- ISS opposed 2022 Equity Plan due to SVT analysis including shares available under 2013 Plan.
- 1,928,220 shares remain available for future awards under 2013 Plan; will be replaced if 2022 Plan approved.
- Outstanding awards under 2013 Plan total 1,820,148 shares (restricted stock, performance shares, options, SARs).
- Company will not grant new awards under 2013 Plan unless 2022 Plan is not approved at May 13 shareholder meeting.