Ideal Power shareholders approve 800K-share increase to 2013 equity plan, extend term to 2036

Ideal Power Inc.

Amended & Restated 2013 Equity Incentive Plan approved: adds 800,000 authorized shares, extends to June 3, 2036.
Five director nominees (Somo, Freeman, Knight, Lesster, Turmelle) each elected with >4.1M votes 'for'.
BPM LLP ratified as independent auditor for FY 2026 with 6,988,321 votes in favor.
Say-on-pay proposal approved on advisory basis: 3,588,466 for, 625,041 against, 77,080 abstain.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.99

Ideal Power Inc. shareholders approved Approval of the Amended and Restated Ideal Power Inc. 2013 Equity Incentive Plan at the 2026-06-03 meeting.

Proposal: equity plan
Outcome: passed
Meeting: 2026-06-03

Exact text from the filing

Proposal 4 — Approval of the Amended and Restated Ideal Power Inc. 2013 Equity Incentive Plan. For Against Abstain Broker Non-Votes 3,624,425 601,975 64,187 2,720,323

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.99

Ideal Power Inc. shareholders approved Election of five directors to serve until the 2027 annual meeting at the 2026-06-03 meeting.

Proposal: director election
Outcome: passed
Meeting: 2026-06-03

Exact text from the filing

Proposal 1 — Election of five directors to serve until the 2027 annual meeting of stockholders and until their respective successors are elected and qualified. Nominee: For Withheld Broker Non-Votes David Somo 4,273,623 16,964 2,720,323 Drue Freeman 4,139,174 151,413 2,720,323 Gregory Knight 4,251,652 38,935 2,720,323 Ted Lesster 4,239,049 51,538 2,720,323 Michael C. Turmelle 4,239,230 51,357 2,720,323

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.99

Ideal Power Inc. shareholders approved Ratification of the appointment of BPM LLP as the Company’s independent registered public accounting firm at the 2026-06-03 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2026-06-03

Exact text from the filing

Proposal 2 — Ratification of the appointment of BPM LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. For Against Abstain 6,988,321 14,395 8,194

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.99

Ideal Power Inc. shareholders approved Non-binding, advisory approval of the compensation of the Company’s named executive officers at the 2026-06-03 meeting.

Proposal: say on pay
Outcome: passed
Meeting: 2026-06-03

Exact text from the filing

Proposal 3 — Approval, on a non-binding, advisory basis, of the compensation of the Company’s named executive officers. For Against Abstain Broker Non-Votes 3,588,466 625,041 77,080 2,720,323

View on SEC.gov

1591 shareholder votes filed in the last 30 days. Browse all shareholder votes →

Ideal Power Inc. filing history →

Source: SEC EDGAR

accession 0001437749-26-019559

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