2026-03-13 20:05:29
Veru Inc. Increases Equity Incentive Plan Shares from 2.6M to 5.85M
Expected Stock impact: Slightly Positive
At the 2026 Annual Meeting, Veru Inc. shareholders approved an amendment to the 2018 Equity Incentive Plan, increasing the number of shares authorized for issuance from 2.6 million to 5.85 million. The annual limit on awards for participants other than non-employee directors was raised from 100,000 to 750,000 shares, while the limit for non-employee directors increased from 10,000 to 120,000 shares. This amendment aims to enhance the company's ability to attract and retain talent.
