---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-005434"
form_type: "8-K"
ticker: "OPXS"
cik: "0001397016"
company_name: "Optex Systems Holdings Inc"
filed_at: "2023-02-17T23:59:59+00:00"
generated_at: "2026-06-19T07:53:27.679177+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Optex shareholders approve reverse stock split, 2023 equity plan; exec comp formula set

## Summary
- Elected four directors (Schoening, Judd, Lehmann, Malhotra) with >4.5M 'for' votes each; broker non-votes 1.24M.
- Reverse stock split charter amendment approved with 5.64M votes for, 145k against.
- 2023 Equity Incentive Plan approved (4.04M for, 51k against, 453k abstain, 1.24M broker non-votes).
- Ratified Whitley Penn as auditor for FY2023 (5.75M for).
- FY2023 bonus for CEO Schoening and CFO Hawkins: 50% revenue, 50% adj. EBITDA; payout 0-30% of base salary.

## SEC filing metadata
- accession: 0001493152-23-005434
- form_type: 8-K
- ticker: OPXS
- cik: 0001397016
- company_name: Optex Systems Holdings Inc
- filed_at: 2023-02-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1397016/000149315223005434/0001493152-23-005434-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1397016/000149315223005434/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-005434
- JSON: https://secwatch.observer/filing/0001493152-23-005434.json
- Plain text: https://secwatch.observer/filing/0001493152-23-005434.txt

## Key facts
- Shareholder Votes
  Optex Systems Holdings Inc shareholders approved Ratification of Whitley Penn LLP as independent registered public accounting firm at the 2023-02-16 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-02-16
  source text: 4. To ratify the appointment of Whitley Penn LLP as the Company’s independent registered public accounting firm for the fiscal year ending October 1, 2023: For Against Abstain 5,754,546 4,250 31,012
  evidence_url: https://www.sec.gov/Archives/edgar/data/1397016/000149315223005434/0001493152-23-005434-index.htm
- Shareholder Votes
  Optex Systems Holdings Inc shareholders approved Approval of Reverse Split Charter Amendment at the 2023-02-16 meeting.
  - Proposal: reverse split
  - Outcome: passed
  - Meeting: 2023-02-16
  source text: 2. To approve the Reverse Split Charter Amendment: For Against Abstain 5,642,721 145,114 1,970
  evidence_url: https://www.sec.gov/Archives/edgar/data/1397016/000149315223005434/0001493152-23-005434-index.htm
- Shareholder Votes
  Optex Systems Holdings Inc shareholders approved Approval of 2023 Equity Incentive Plan at the 2023-02-16 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-02-16
  source text: 3. To approve the 2023 Equity Incentive Plan: For Against Abstain Broker Non-Votes 4,042,821 51,124 452,930 1,242,933
  evidence_url: https://www.sec.gov/Archives/edgar/data/1397016/000149315223005434/0001493152-23-005434-index.htm
- Shareholder Votes
  Optex Systems Holdings Inc shareholders approved Election of four directors at the 2023-02-16 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-02-16
  source text: 1. To elect four nominees to the Company’s board of directors, each for a term expiring at the next annual meeting of shareholders, and until his successor has been duly elected and qualified: Director For Withhold Broker Non-Votes Danny R. Schoening 4,543,796 3,079 1,242,933 Dayton Judd 4,543,896 2,979 1,242,933 Dale E. Lehmann 4,538,796 8,079 1,242,933 R. Rimmy Malhotra 4,509,535 37,340 1,242,933
  evidence_url: https://www.sec.gov/Archives/edgar/data/1397016/000149315223005434/0001493152-23-005434-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.