other
confidence high
sentiment neutral
materiality 0.30
Hovnanian stockholders approve 2020 stock incentive plan amendment and elect directors at annual meeting
HOVNANIAN ENTERPRISES INC
- Stockholders approved Third Amended and Restated 2020 Stock Incentive Plan, increasing share reserve by 300,000 shares to 1,715,000.
- All eight director nominees elected with majority support; A. Hovnanian received 9,102,136 votes for.
- Ratification of Deloitte & Touche as independent auditor passed with 11,287,463 votes for.
- Non-binding advisory vote on executive compensation passed (9,683,039 votes for).
- Amendment to Stockholder Rights Plan approved (9,776,497 votes for).