other material
confidence high
sentiment neutral
materiality 0.50
Stockholders approve 2024 Equity Incentive Plan; all directors re-elected
Summit Hotel Properties, Inc.
- Plan authorizes 4,406,174 common shares: 1,271,174 from prior plan plus 3,135,000 new shares.
- Plan replaces 2011 Equity Incentive Plan; no further grants under 2011 Plan.
- All eight director nominees elected; Hope S. Taitz received 64.5M for vs. 18.9M against.
- Ratification of Ernst & Young as auditor for FY2024 approved with 98.8% of votes cast.
- Say-on-pay approved (80.9M for); say-when-on-pay frequency set to annual.