O-I Glass shareholders approve 9 million share increase to incentive award plan
At its May 14, 2025 annual meeting, O-I Glass share owners approved the Fifth Amended and Restated 2017 Incentive Award Plan, which adds 9,000,000 shares for a total of 33,600,000 and sets vesting terms for awards upon a change in control. All director nominees were elected, and the advisory vote on executive compensation passed, though with 43,193,456 votes against. Shareholders should note that more shares are now available for awards to employees, consultants and non-employee directors.
Key points
- The plan adds 9,000,000 shares, bringing the total to 33,600,000 shares that may be issued under it.
- Plan approval: 120,622,053 for, 6,619,273 against and 153,419 abstentions.
- Advisory vote on named executive officer compensation: 83,910,833 for and 43,193,456 against.
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 15, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.