Babcock & Wilcox Enterprises, Inc. Form 8-K Filing
Babcock & Wilcox Enterprises, Inc. filed a Form 8-K on May 20, 2026, reporting on its annual stockholders' meeting. Key events included the approval of an amendment to the 2021 Long-Term Incentive Plan, increasing the authorized shares for grants from 5,250,000 to 10,250,000. The stockholders also voted on several proposals: the declassification of the Board of Directors and amendments to the Certificate of Incorporation to remove supermajority voting requirements both failed to pass. Directors Alan B. Howe and Rebecca L. Stahl were elected as Class II directors. The appointment of BDO USA, P.C. as the independent registered public accounting firm for 2026 was ratified. Additionally, the compensation of named executive officers was approved on an advisory basis, and the Plan Amendment was approved.