Empire Petroleum shareholders approve 2026 stock incentive plan, elect three directors
At its June 17, 2026 annual meeting, Empire Petroleum stockholders approved a 2026 Stock and Incentive Compensation Plan reserving 1,200,000 shares, and no further awards will be made under the 2024 plan. Stockholders also elected three directors, approved executive pay on an advisory basis, and ratified Grant Thornton LLP as auditor for 2026.
Key points
- 2026 Plan reserves 1,200,000 shares of common stock; no further awards under the 2024 plan
- Michael R. Morrisett received 20,291,265 votes for and 878,573 withheld; Vice Admiral Andrew L. Lewis (Ret.) and J. Kevin Vann were also elected
- Advisory say-on-pay proposal passed with 20,676,312 votes for and 425,115 against
- Holders of 30,408,848 shares (76.44% of outstanding) were present; Grant Thornton ratification received 30,104,778 votes for
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 22, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.