We, the undersigned, urge the Securities and Exchange Commission (SEC) to amend its disclosure rules to require publicly traded companies to disclose all stock-based incentives given to any management employee eligible for such compensation, including executives, regional directors, plant managers, facility-level managers, and other eligible staff.

Currently, stock-based compensation is disclosed only for executives and major shareholders. However, many companies provide stock-based incentives to various levels of management, often tied to performance metrics at specific locations or regions. These incentives influence business decisions, but they remain hidden from the public, investors, and employees.

We believe that requiring full disclosure of stock-based incentives for any eligible management will:

Increase transparency in how companies compensate their leadership at all levels.
Reduce the potential for short-term decision-making that prioritizes stock gains over the long-term health of the company.
Empower investors and employees with a clearer understanding of the factors influencing management’s decisions.
Help hold companies accountable for the way compensation structures shape business practices.
We call on the SEC to implement rules that:

Require full disclosure of stock incentives for any eligible management employee, including the amount, type, and terms of incentives.
Ensure transparency about how these incentives are tied to performance metrics and overall business goals.
Support our call for fairness and transparency in corporate compensation. Together, we can ensure that companies are more accountable to investors, employees, and the public.