United States

    Super Micro (NASDAQ:SMCI) approves 8.5 million equity shares compensation plan

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    Super Micro Computer (NASDAQ:SMCI), a global leader in enterprise computing solutions, filed with the SEC detailing actions from its January 22, 2024 Annual Meeting of Stockholders.

    During the meeting, stockholders approved, the amendment and restatement of the Super Micro Computer 2020 Equity and Incentive Compensation Plan, effective January 22, 2024.

    The Plan authorizes equity-based awards, including stock options and restricted stock units, as incentives for directors, officers, employees, and consultants.

    The amended Plan makes 8,500,000 shares of common stock available to support awards, adjusted from prior share counts and forfeitures. This filing comes alongside other meeting items like Director elections and executive compensation approvals.

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