Riley Exploration Permian stockholders approved an amended long-term incentive plan increasing shares by 2.8 million and elected directors at the annual meeting.
Key takeaways
Stockholders approved the Second Amended and Restated 2021 Long Term Incentive Plan, increasing authorized shares by 2.8 million.
All seven director nominees were elected with strong support, each receiving over 14 million votes for.
Ratification of BDO USA as independent auditor for 2026 was approved with 17.1 million votes for.
Advisory vote on executive compensation passed with 15.0 million votes for.
The amended plan was approved with 11.9 million votes for, despite 3.4 million against.
Broker non-votes were significant on all director and compensation proposals, totaling 1.83 million shares.