other
confidence high
sentiment neutral
materiality 0.30
Nuvera Communications corrects CEO stock option award, votes on say-on-pay frequency, declares quarterly dividend
Nuvera Communications, Inc.
- CEO Glenn Zerbe's stock option award corrected from 50,926 to 50,000 NQSOs; $3,000 cash bonus given.
- Shareholders elected directors Perry L. Meyer and Bill D. Otis; ratified Olsen, Thielen as auditor.
- Bylaw amendment to eliminate board age restrictions approved by shareholders.
- Say-on-pay frequency set to every three years; board to seek new vote at 2025 annual meeting.
- Quarterly dividend of $0.14 per share declared, payable June 15, 2022 to holders of record June 6.