Short answer
Celcuity Inc. (CELC) filed an 8-K current report with the SEC on May 18, 2026 reporting Item 5.07 (Submission of Matters to a Vote of Security Holders), Item 5.02 (Departure/Election of Directors or Officers). Shareholders approved 2026 Stock Incentive Plan, replacing the 2017 plan for future awards.
Celcuity Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Shareholders approved 2026 Stock Incentive Plan, replacing the 2017 plan for future awards
- 3,000,000 shares authorized for employee, consultant, and director equity awards
- Equity compensation capacity increases potential dilution for existing shareholders
- ESPP expanded by 289,199 shares and extended 10 years, supporting employee stock purchases
- New plans effective May 14, 2026, following annual meeting approval
Item 5.07 · Submission of Matters to a Vote of Security Holders
- Stockholders re-elected all eight director nominees, preserving board continuity
- Boulay PLLP ratified as independent auditor for fiscal 2026, with 40,931,291 votes supporting
- Executive compensation approved advisory, with 35,835,588 votes for
- 2026 Plan approved by 28,691,350 votes, though 9,002,785 opposed
- Restated ESPP approved by 35,067,849 votes, supporting continued employee stock-purchase benefits
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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