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Form 8-K · Current Report · Filed 2024-05-09

Sterling Infrastructure, Inc. Announces Approval of Updated Stock Incentive Plan and Election of Directors

On May 9, 2024, Sterling Infrastructure, Inc.

Filer
Sterling Infrastructure Inc. STRL · NASDAQ
Filed
Accession
0000874238-24-000088
CIK
0000874238
Signal
High impactIndustrials

Details

held its 2024 annual meeting of shareholders, where the company's shareholders approved the second amended and restated 2018 Stock Incentive Plan, elected eight directors, approved the compensation of named executive officers on an advisory basis, and ratified the appointment of Grant Thornton, LLP as the company's independent registered public accounting firm for 2024.

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

New CEO Appointed Key Executive Appointment
Item 5.07

Submission of Matters to a Vote of Security Holders

Director Elections Results Equity Plan Approved
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$125.68

Next session

+2.5%

Since filing

+374.8%

Latest close

$596.77

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from STRL reporting the same item, with the next session's move:

About Sterling Infrastructure Inc.

Sterling Infrastructure Inc. is a diversified infrastructure services company primarily focused on heavy civil engineering and construction services throughout the United States. This enterprise specializes in the development of transportation and water infrastructure, site development, and remediating hazardous waste sites. With operations encompassing key areas such as highways, bridges, railways, airports, and water containment and treatment facilities, Sterling Infrastructure Inc. plays a crucial role in bolstering the nation's foundational framework. The company's projects often involve collaborations with public sector entities, reflecting its significance in executing large-scale initiatives vital to urban development and environmental sustainability. As a company listed on a major stock exchange, Sterling Infrastructure Inc. is pivotal within the construction and engineering sectors, addressing both commercial and government needs and contributing substantially to economic growth and regional connectivity.

Exchange NASDAQ Industry Engineering & Construction Company website ↗

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