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Citigroup | 8-K: Citigroup 2019 Stock Incentive Plan

SEC announcement ·  May 2 17:18
Summary by Moomoo AI
On April 30, 2024, Citigroup Inc. held its Annual Meeting of Stockholders where several key decisions were made. The stockholders approved the amendments to and restatement of the Citigroup 2019 Stock Incentive Plan, which includes extending the plan's term by five years, increasing the number of shares available for grant by 30 million, and adopting mandatory clawback provisions. Additionally, 13 directors were elected, KPMG LLP was ratified as the independent registered public accounting firm for 2024, and the 2023 Executive Compensation received advisory approval. However, several stockholder proposals, including those for an Independent Board Chairman policy, a report on Indigenous Peoples' rights, and others related to company policies and risks, were not approved. The detailed results of the votes for each proposal were disclosed, with the full text of the amended 2019 Stock Incentive Plan available in Exhibit 10.1 of the Current Report on Form 8-K.
On April 30, 2024, Citigroup Inc. held its Annual Meeting of Stockholders where several key decisions were made. The stockholders approved the amendments to and restatement of the Citigroup 2019 Stock Incentive Plan, which includes extending the plan's term by five years, increasing the number of shares available for grant by 30 million, and adopting mandatory clawback provisions. Additionally, 13 directors were elected, KPMG LLP was ratified as the independent registered public accounting firm for 2024, and the 2023 Executive Compensation received advisory approval. However, several stockholder proposals, including those for an Independent Board Chairman policy, a report on Indigenous Peoples' rights, and others related to company policies and risks, were not approved. The detailed results of the votes for each proposal were disclosed, with the full text of the amended 2019 Stock Incentive Plan available in Exhibit 10.1 of the Current Report on Form 8-K.
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