WaFd shareholders approve 2025 Stock Incentive Plan with 3,250,000 shares reserved
WaFd shareholders approved the 2025 Stock Incentive Plan at the February 11, 2025 Annual Meeting, replacing the 2020 Incentive Stock Plan, which expired January 22, 2025. The plan reserves 3,250,000 shares of common stock for stock options, restricted stock, restricted stock units, performance awards and other stock-based awards, and it will expire February 11, 2030. Shareholders also elected five directors, approved a non-binding advisory vote on executive compensation, and ratified Deloitte & Touche, LLP as auditor for fiscal 2025.
Key points
- 3,250,000 shares of common stock reserved under the 2025 Plan, subject to adjustment provisions
- 2025 Plan approval vote: 67,031,380 for, 3,540,529 against, 101,363 abstained
- Plan replaces the 2020 Incentive Stock Plan, which expired January 22, 2025; the 2025 Plan expires February 11, 2030
- Deloitte & Touche, LLP ratified as independent registered public accountants for fiscal 2025 with 74,122,496 votes for
The filing
Written by AI on Nov 8, 2026, 6:56 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 February 13, 2025.
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