Natural Gas Services Group, Inc. made available its 2025 Proxy Statement, which includes a proposal to amend its 2019 Equity Incentive Plan. The proposed amendment seeks to increase the number of shares of common stock reserved for issuance under the plan by 500,000 shares.
Additionally, the amendment proposes to extend the term of the plan by an additional five years. This initiative aims to ensure the company can continue to attract, retain, and motivate key employees and directors through equity-based compensation.
Shareholders will vote on this proposal at the upcoming annual meeting. The approval of this amendment would provide the company with greater flexibility in its long-term incentive programs, aligning employee interests with shareholder value creation.
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