AGM/EGMMay 15, 2026, 04:17 PM
Kratos Defense Stockholders Approve 245M Authorized Shares
AI Summary
Kratos Defense & Security Solutions, Inc. held its Annual Meeting on May 12, 2026, where stockholders approved several key proposals. All nominated directors were elected, and Deloitte & Touche LLP was ratified as the independent auditor. Significantly, stockholders approved an increase in authorized common stock from 195 million to 245 million shares and an amendment to the 2023 Equity Incentive Plan to add 6.9 million shares. Additionally, proposals for officer exculpation and advisory approval of executive compensation were passed.
Key Highlights
- Stockholders elected all director nominees to serve until the next annual meeting.
- Deloitte & Touche LLP was ratified as the independent registered public accounting firm with 162,870,324 votes For.
- Authorized shares of Common Stock increased from 195,000,000 to 245,000,000, approved with 161,513,573 votes For.
- Amendment to Certificate of Incorporation for officer exculpation was approved with 127,312,589 votes For.
- 2023 Equity Incentive Plan amended to increase shares by 6,900,000, approved with 141,381,593 votes For.
- Advisory approval of named executive officers' compensation received 139,479,306 votes For.
Price Impact
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