BiomX Inc. 8-K

What Happened

• BiomX Inc. (PHGE) filed an 8-K reporting that, at a special meeting of stockholders on April 10, 2026, shareholders approved the company's 2026 Equity Incentive Plan. The record date was March 23, 2026.
• As of the record date there were 6,543,516 shares of common stock outstanding. Holders with 3,409,604 votes were present in person or by proxy at the meeting. There were no broker non-votes because all proposals were non-routine.

Key Details

• The 2026 Equity Incentive Plan authorizes up to 1,390,000 shares of common stock for issuance.
• The plan includes an automatic annual increase equal to 4% of the total shares outstanding on December 31 of the prior year, for a period of ten years.
• Final vote on Proposal 1 (approve the plan): For 3,395,917; Against 5,009; Abstain 8,678.
• Proposal 2 (adjourn meeting if needed) received the same vote tallies; no adjournment was necessary.

Why It Matters

• Approval of the equity plan allows BiomX to grant stock-based awards to employees, directors and consultants, which the company can use to attract, retain and incentivize talent without immediate cash expense.
• The size of the authorization (1,390,000 shares plus annual automatic increases) could dilute existing shareholders over time as awards are issued; investors should watch future equity grant activity and share count changes.