U.S. Silica Shareholders Approve Incentive Plan and Directors

An announcement from U.S. Silica Holdings Inc. (SLCA) is now available.

At U.S. Silica Holdings, Inc.’s 2024 Annual Meeting, shareholders gave the green light to an incentive plan amendment allowing for 2.9 million additional shares to be granted to employees and directors in various forms, including stock options and restricted stock units. The updated plan, which now encompasses 20.925 million shares, received overwhelming approval, alongside the election of all director nominees, the executive compensation package, and the reappointment of Grant Thornton LLP as the independent auditor for the year. The incentive plan will remain active for granting awards until May 2034, reflecting strong shareholder confidence in the company’s governance and executive remuneration strategies.

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