Tilly's amends equity plan to increase annual per-person share limit to 2.5M; cancels and regrants CEO options

TILLY'S, INC.

Amendment increases max annual shares per person under 2012 Plan to 2,500,000 shares and cash limit to $5,000,000.
CEO Nathan Smith's two options (900K time-based + 900K performance-based from Sep 2025) cancelled and regranted under amended plan with same terms.
Board approved amendment on Feb 26, 2026; effective immediately.
Cash limit per person per year increased to $5,000,000.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.