I-ON Digital Corp. Approves 2026 Equity Incentive Plan

What Happened

• I-ON Digital Corp. announced in an 8-K filed August 14, 2026 that its Board approved the I-ON Digital Corp. 2026 Equity Incentive Plan on June 8, 2026.
• The plan reserves 100,000 shares of the Company’s Series E Convertible Preferred Stock for issuance under various equity and cash awards and is filed as Exhibit 10.1 to the 8-K.
• The plan authorizes eight types of awards, including Incentive Stock Options, Nonstatutory Stock Options, Stock Appreciation Rights, Restricted Stock Awards, Restricted Stock Units, Performance Stock Awards, Performance Cash Awards, and Other Stock Awards.

Key Details

• Approval date: June 8, 2026; 8-K filed August 14, 2026.
• Initial Share Reserve: 100,000 Series E Convertible Preferred Stock shares reserved for awards.
• Automatic annual increase: beginning January 1, 2027 (and each January 1 for up to 10 years), the Share Reserve will increase by an amount equal to 4% of total outstanding Capital Stock as of December 31 of the prior year.
• Full plan text is included as Exhibit 10.1 to the filing.

Why It Matters

• The plan is intended to attract, retain and incentivize employees, directors and consultants by allowing compensation in equity and cash tied to the Company’s stock performance.
• Investors should note the reserved shares and the automatic annual increases — these provisions create a mechanism for future equity awards that can dilute existing holders over time as grants are made or the reserve grows.
• Watch future proxy statements and filings for specific grant activity and any impact on share count or ownership percentages.