ESOPJun 16, 2026, 04:07 PM
VirnetX Stockholders Approve 1M Share Increase to Equity Plan
AI Summary
VirnetX Holding Corporation held its 2026 Annual Meeting of Stockholders where they approved an amendment to the 2013 Equity Incentive Plan, increasing the number of shares reserved for issuance by 1,000,000. Additionally, stockholders elected two Class I directors, ratified Farber Hass Hurley LLP as the independent registered accounting firm for 2026, and approved the compensation of named executive officers on an advisory basis. The meeting achieved a quorum with 63.06% of the voting power present.
Key Highlights
- Stockholders approved a 1,000,000 share increase to the 2013 Equity Incentive Plan.
- Kendall Larsen and Gary W. Feiner were elected as Class I directors.
- Farber Hass Hurley LLP was ratified as the independent auditor for 2026.
- Executive officer compensation was approved on an advisory basis.
- A quorum of 2,639,678 shares, representing 63.06% of voting power, was present.
- The plan amendment received 1,014,822 votes for and 254,814 votes against.
Price Impact
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