Oil-Dri amends deferred compensation plan, shifts earnings crediting to quarterly or more frequent
Oil-Dri Corporation of America ODC | 67.57 | +2.55% |
- Oil-Dri adopted a second amendment to its 2005 Deferred Compensation Plan on April 3, 2026.
- Eligibility definition was revised to align with current salary grade structure.
- “Separation from Service” definition was updated to clarify when reduced service levels qualify as a termination.
- Earnings crediting schedule shifted from annual to at least quarterly.
- Compensation committee also updated standard restricted stock agreement forms used for awards under 2006 Long-Term Incentive Plan.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oil Dri Corporation of America published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-023675), on April 03, 2026, and is solely responsible for the information contained therein.
