ESOPApr 26, 2026, 05:33 AM
SMX Increases Incentive Plan Shares by 2.3M; Grants 2.3M RSUs
AI Summary
SMX (Security Matters) Public Limited Company amended its 2022 Incentive Equity Plan, increasing the number of authorized Ordinary Shares by approximately 2,312,500 to a total of 4,754,592. Following this amendment, the company granted an aggregate of 2,300,000 restricted stock units (RSUs) to executive officers, directors, and service providers. These RSUs are subject to vesting, with the earliest date being January 31, 2027.
Key Highlights
- SMX amended its 2022 Incentive Equity Plan to increase authorized Ordinary Shares.
- Authorized shares under the plan increased by approximately 2,312,500.
- Total authorized shares under the plan are now 4,754,592.
- The company granted 2,300,000 restricted stock units (RSUs).
- RSUs were granted to executive officers, directors, and service providers.
- The earliest vesting date for the granted RSUs is January 31, 2027.
- SMX had 7,297,433 ordinary shares outstanding as of April 23, 2026.
Price Impact
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