other_material
confidence high
sentiment neutral
materiality 0.40
Fortrea shareholders approve amended incentive plan with 6.5M share increase
Fortrea Holdings Inc.
- Shareholders at June 10 annual meeting approved A&R 2023 Omnibus Incentive Plan, adding 6.5M shares to pool.
- Plan amendments include minimum vesting, no dividend payment until vesting, and eliminated liberal share recycling.
- All three director nominees elected: Amrit Ray, Erin L. Russell, Machelle Sanders (each with > 60M votes for).
- Ratification of Deloitte & Touche as auditor for FY2025 approved (82.7M for, 0.1M against).
- Advisory vote on named executive officer compensation passed with 68.1M for vs. 3.3M against.
item 5.02item 5.07