AGM/EGMMay 15, 2026, 04:19 PM
Enphase Energy Stockholders Approve 2M Share Increase for Equity Plan
AI Summary
Enphase Energy, Inc. held its 2026 Annual Meeting of Stockholders on May 13, 2026. Stockholders approved an amendment to the 2021 Equity Incentive Plan, increasing the number of shares reserved for issuance by 2,000,000. Jamie Haenggi, Benjamin Kortlang, and Richard Mora were elected as directors, though Mr. Kortlang did not receive a majority of votes cast, prompting a review by the Nominating and Corporate Governance Committee. Additionally, stockholders approved the advisory vote on executive compensation and ratified Deloitte & Touche LLP as the independent registered public accounting firm for 2026.
Key Highlights
- Stockholders approved an amendment to the 2021 Equity Incentive Plan, increasing authorized shares by 2,000,000.
- Jamie Haenggi, Benjamin Kortlang, and Richard Mora were elected as directors until the 2029 Annual Meeting.
- Benjamin Kortlang received 36,219,753 votes for, but did not receive a majority of votes cast.
- The Nominating and Corporate Governance Committee will review Benjamin Kortlang's election.
- Stockholders approved the advisory vote on named executive officer compensation with 76,051,038 votes for.
- Deloitte & Touche LLP was ratified as the independent auditor for 2026 with 103,513,747 votes for.
- 104,505,305 shares were represented at the Annual Meeting, constituting a quorum.
Price Impact
More from ENPH