Teleflex Inc (TFX) has provided an update.
Teleflex Incorporated has enhanced James Winters’ compensation, raising his base salary and providing equity awards totaling $200,000, with a mix of stock options, restricted stock units, and performance stock units, each with specified vesting terms. In their 2024 annual meeting, stockholders voted on director elections, executive compensation, accounting firm ratification, and a proposal to adjust the special meeting call threshold. Additionally, CEO Liam J. Kelly established a prearranged stock trading plan to sell shares acquired through expiring stock options, representing about 9% of his total company stock holdings, with sales planned for late 2024.
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