other
confidence high
sentiment neutral
materiality 0.50
Blue Bird shareholders approve 900K-share increase in equity plan, extend term to 2035
Blue Bird Corp
- Stockholders voted 23.6M for vs 2.3M against to ratify amended omnibus equity plan raising reserve from 5.2M to 6.1M shares.
- Full value award cap increased from 2.5M to 3.4M shares; plan term extended from Dec 2029 to Nov 2035.
- Directors Douglas Grimm and Dan Thau were elected for three-year terms (Class III) with over 21.9M and 24.6M votes for, respectively.
- Officer exculpation amendment approved (22.1M for), say-on-pay passed (24.6M for), and one-year frequency for future say-on-pay votes adopted.