An announcement from Beacon Roofing Supply (BECN) is now available.
Beacon Roofing Supply, Inc. stockholders have given the green light to the new 2024 Stock Plan, which will govern the issuance of stock-based awards like stock options and stock appreciation rights. The plan, effective until 2034, allows for 6.2 million shares to be awarded to employees and directors, incentivizing performance and aligning their interests with those of the company. With provisions for recycling shares in certain circumstances, this plan replaces the prior 2014 Stock Plan and emphasizes the company’s commitment to strategic employee compensation.
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