Veru shareholders approve major equity plan expansion, more than doubling share pool to 5.85M

Filed March 13, 2026 · Period ending March 12, 2026 · ~1 min read

Key Changes

• high

  Shareholders approved expanding the 2018 Equity Incentive Plan from 2.6M to 5.85M shares (125% increase), substantially raising potential dilution to existing holders through future stock-based compensation.

  Item 5.07 verify on EDGAR →
• high

  Annual award limits for employees jumped from 100,000 to 750,000 shares per person, while non-employee director limits rose from 10,000 to 120,000 shares, enabling much larger individual equity grants.

  Item 5.07 verify on EDGAR →
• low

  All six nominated directors were re-elected to the board with majority support (5.3M-5.5M votes each), maintaining board continuity with no contested seats.

  Item 5.07 verify on EDGAR →