|8-KJan 30, 5:19 PM ET

urban-gro, Inc. 8-K

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urban-gro, Inc. Approves 5M-Share Increase to 2021 Stock Incentive Plan

What Happened

  • urban-gro, Inc. filed an 8-K on January 30, 2026, reporting that its shareholders approved an amendment to the company’s 2021 Omnibus Stock Incentive Plan. The amendment increases the number of shares authorized for issuance under the plan by 5,000,000 and raises the individual award limit.
  • The amendment was Proposal 2 in the company’s definitive proxy statement filed with the SEC on January 20, 2026. The amended Plan is attached as Exhibit 10.1 and incorporated by reference.

Key Details

  • Shareholder approval date: January 30, 2026.
  • Increase in authorized shares under the 2021 Plan: 5,000,000 shares.
  • Purpose: increase shares available for equity awards and raise the individual award cap (exact new individual limit is as set forth in the amended plan).
  • The amendment was presented in the company’s Jan 20, 2026 proxy statement (Proposal 2); amended plan attached as Exhibit 10.1.

Why It Matters

  • For investors, this change affects equity compensation and potential dilution: approving 5 million additional shares increases the pool the company can grant to employees, officers and directors as stock awards, options or other equity-based incentives.
  • The raised individual award limit allows the company to grant larger awards to key personnel, which can help recruit and retain talent but may also increase share-based compensation expense and dilution over time.
  • The filing does not include additional financial results or other corporate actions; shareholders can review the amended plan (Exhibit 10.1) and the Jan 20, 2026 proxy for full terms.