Dynex Capital doubles authorized shares to 720M following shareholder approval

Filed May 22, 2026 · Period ending May 21, 2026 · ~1 min read

Key Changes

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  Shareholders approved doubling authorized common stock from 360 million to 720 million shares, effective May 22, 2026. This expansion gives management significantly more capacity to issue new equity for capital raises, acquisitions, or compensation, creating potential for future shareholder dilution.

  Item 5.03: Charter Amendment verify on EDGAR →
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  Board approved standardized indemnification agreements for all directors and executive officers, providing maximum legal protection under Virginia law and ensuring continued D&O insurance coverage. This is a common governance practice to attract and retain qualified leadership.

  Item 1.01: Indemnification view on EDGAR →
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  Six directors re-elected at 2026 Annual Meeting with strong shareholder support (over 76M votes each): Byron Boston, Marie Chandoha, Julia Coronado, Alexander Crawford, Andrew Gray, and Smriti Popenoe.

  Item 5.07: Annual Meeting verify on EDGAR →