other material
confidence high
sentiment neutral
materiality 0.40
Inotiv shareholders approve 2.25M share increase to 2024 equity plan at annual meeting
Inotiv, Inc.
- Shareholders approved amendment adding 2,250,000 shares to the 2024 Equity Incentive Plan (9,336,190 for, 287,815 against, 12,474,838 broker non-votes).
- Two Class I directors elected: R. Matthew Neff (7,802,109 for, 1,863,376 withheld) and Robert W. Leasure Jr. (9,574,121 for, 91,364 withheld).
- Ratification of Ernst & Young as independent auditor for FY2025 passed overwhelmingly (21,930,943 for, 192,836 against).
- Advisory vote on executive compensation approved (9,187,748 for, 405,065 against); future say-on-pay votes to occur every three years.
- Total plan share reserve now equals 1,500,000 initial + available from prior plan + 2,250,000 amendment.