Ideal Power stockholders approve 2013 equity plan adding 800,000 shares at June 3 meeting
At its June 3, 2026 virtual annual meeting, Ideal Power's stockholders approved an amended and restated 2013 Equity Incentive Plan, which adds 800,000 authorized shares and extends the plan's term to June 3, 2036. Stockholders also elected five directors, ratified BPM LLP as auditor for fiscal 2026, and approved the executive compensation on an advisory basis, so shareholders' votes now determine the plan's expanded share pool.
Key points
- The 2013 plan's authorized shares increased by 800,000, and the plan now runs to June 3, 2036.
- Stockholders holding 57.68% of outstanding shares entitled to vote were represented, which met the quorum requirement.
- Proposal 4 (the equity plan) received 3,624,425 for votes and 601,975 against.
- BPM LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 6,988,321 votes for.
The filing
Written by AI on Nov 9, 2026, 8:38 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 04, 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.