AGM/EGMMay 19, 2026, 05:01 PM
Merit Medical Elects Scott Ward to Board; Approves Equity Plans
AI Summary
Merit Medical Systems, Inc. shareholders elected Scott R. Ward to the Board of Directors for a three-year term at the Annual Meeting on May 13, 2026. Shareholders also approved the 2026 Equity Incentive Plan (EIP) and the 2026 Employee Stock Purchase Plan (ESPP), authorizing 2,700,000 and 500,000 shares respectively. The Board adopted Fifth Amended and Restated Bylaws, updating provisions for remote meeting participation, electronic notices, universal proxy rules, and director/officer indemnification. Additionally, shareholders approved executive compensation and ratified Deloitte & Touche LLP as the independent auditor.
Key Highlights
- Scott R. Ward elected to Merit Medical's Board of Directors for a three-year term.
- Shareholders approved the Merit Medical Systems, Inc. 2026 Equity Incentive Plan (EIP).
- Shareholders approved the Merit Medical Systems, Inc. 2026 Employee Stock Purchase Plan (ESPP).
- Board adopted Fifth Amended and Restated Bylaws, effective May 14, 2026.
- EIP authorizes a maximum Share Reserve of 2,700,000 shares of Common Stock.
- ESPP authorizes a maximum of 500,000 shares of Common Stock.
- Deloitte & Touche LLP ratified as independent auditor for fiscal year ending December 31, 2026.
- Director RSU Award Agreement grants restricted stock units vesting after 350 days.
Price Impact
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