Mobile Infrastructure Corp 8-K

What Happened

• Mobile Infrastructure Corporation (BEEP) filed Form 8‑K reporting results of its 2026 Annual Meeting held on June 18, 2026. Stockholders elected six directors, ratified Grant Thornton LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, and approved an amended and restated Incentive Award Plan that increases the number of shares available for issuance by 3,000,000. The full text of the Amended and Restated Incentive Award Plan is filed as Exhibit 10.1 to the 8‑K.

Key Details

• Directors elected (each to serve until the 2027 annual meeting):
  • Stephanie Hogue: 27,148,965 votes for; 1,104,401 withheld; 2,911,544 broker non‑votes
  • Manuel Chavez, III: 27,173,899 for; 1,079,467 withheld; 2,911,544 broker non‑votes
  • David Garfinkle: 27,194,353 for; 1,059,013 withheld; 2,911,544 broker non‑votes
  • Danica Holley: 27,194,365 for; 1,059,001 withheld; 2,911,544 broker non‑votes
  • Damon Jones: 26,305,222 for; 1,948,144 withheld; 2,911,544 broker non‑votes
  • Jeffrey B. Osher: 26,761,949 for; 1,491,417 withheld; 2,911,544 broker non‑votes
• Auditor ratification vote: Grant Thornton LLP ratified as auditor — 31,128,467 votes for; 15,086 against; 21,357 abstentions.
• Incentive Award Plan approval: Amended and Restated Incentive Award Plan approved — 26,971,096 votes for; 1,228,600 against; 53,670 abstentions; 2,911,544 broker non‑votes. The amendment increases shares available for awards by 3,000,000.

Why It Matters

• The stockholder approval of the amended Incentive Award Plan authorizes the company to grant up to an additional 3,000,000 shares under equity compensation programs, which may be used for employee, director or consultant awards and can have a dilutive effect if widely issued.
• The re‑election of the six directors maintains the board’s current composition through the 2027 annual meeting, providing governance continuity.
• Ratification of Grant Thornton LLP as the independent auditor confirms the company’s choice of external auditor for fiscal 2026, a routine but important step for financial reporting oversight.