secwatch.observer — SEC 8-K summary
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Issuer:     GRID DYNAMICS HOLDINGS, INC. (GDYN)
CIK:        0001743725
Form:       8-K
Filed at:   2025-12-23T23:59:59+00:00
Accession:  0001104659-25-124231
Event type: other
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stockholders approve 3.5M share increase to 2020 Equity Incentive Plan; all director nominees elected
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- Shareholders approved Plan Amendment increasing authorized shares under 2020 Equity Incentive Plan by 3.5M to 19.8M total.
- Plan Amendment also prohibits repricing, exchange, or cash buyout of awards without stockholder approval.
- At Annual Meeting, 91% of voting power present; three Class III directors elected: Eric Benhamou, Patrick Nicolet, Weihang Wang.
- Ratification of Grant Thornton LLP as independent auditor for FY2025 and advisory approval of NEO compensation both passed.
- Vote on Plan Amendment: 49.4M For, 22.8M Against, 151,797 abstentions, 4.8M broker non-votes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743725/000110465925124231/0001104659-25-124231-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743725/000110465925124231/tm2534252d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-124231

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer