Lamar Advertising proposes to amend 1996 equity incentive plan, increasing share reserve to 19.5M

Lamar Advertising Company filed a proposal to amend and restate its 1996 Equity Incentive Plan, increasing the available share reserve to 19,500,000 shares of Class A Common Stock. The amendment expands the pool available for director, employee, and consultant equity compensation, which could affect shareholder dilution and the company's long-term incentive structure.