Boot Barn Holdings, Inc. announced that its stockholders approved the company's 2026 Equity Incentive Plan at the Annual Meeting held on August 26, 2026. The new plan serves as a successor to the 2020 Equity Incentive Plan and authorizes the issuance of stock-based awards to employees, directors, and consultants.
Key Details
- Plan Authorization: The plan authorizes 1,000,000 new shares of common stock, plus a maximum of 1,088,748 "Rollover Shares" that were available under the prior 2020 equity plan.
- Purpose & Awards: The plan allows for the granting of stock units, stock options, stock appreciation rights, and other stock-based awards to incentivize performance and align employee and stockholder interests.
- Plan Term: The 2026 plan replaces the prior 2020 plan, which will no longer be used for new grants. The new plan will terminate ten years from its effective date of August 26, 2026, unless terminated earlier by the Board.