FST Corp. 2025 Equity Incentive Plan Approved at the Annual General Meeting of Shareholders

Rhea-AI Summary

FST Corp (NASDAQ: KBSX) announced that its 2025 Equity Incentive Plan was approved by shareholders at the Annual General Meeting held virtually on December 8, 2025.

The shareholder vote was 35,658,358 shares in favor and 2,999 shares against, with no abstentions; a total of 35,661,357 shares voted, representing more than a majority of issued and outstanding voting capital stock entitled to vote. The Plan aims to help attract and retain employees, directors, and consultants and align their interests with shareholders to support company growth in 2026 and beyond. CEO David Chuang commented that approval will help FST grow. Further plan details are available in the AGM proxy statement filed with the SEC.

Key Figures

Votes for plan 35,658,358 shares Common Stock shares in favor of 2025 Equity Incentive Plan approval

Votes against plan 2,999 shares Common Stock shares against 2025 Equity Incentive Plan approval

Total shares voted 35,661.357 shares Total Common Stock shares voted at the Annual General Meeting

AGM date December 8, 2025 Date of virtual Annual General Meeting approving the plan

Current price $1.49 Price prior to publication of equity incentive plan approval news

Market Reality Check

$1.50 Last Close

Volume Volume 5,771 vs 20-day average 7,403 (relative volume 0.78), indicating subdued trading. normal

Technical Shares at $1.49 are trading below the 200-day MA of $1.96 and about -90.37% vs the 52-week high of $15.48.

Peers on Argus

While KBSX declined 1.32%, peers like FRD (+7.95%), LUD (+12.27%), and NWPX (+3.15%) traded higher, pointing to stock-specific pressure rather than a broad steel-sector move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 01	Golf event launch	Positive	+0.7%	Announcement of first KBS Open competition featuring KBS-branded shafts.
Dec 01	AGM announcement	Neutral	+0.7%	Notice of virtual AGM and vote on 2025 Equity Incentive Plan.
Nov 26	Conference presentation	Neutral	-1.4%	Planned presentation at NobleCon21 to reach growth-focused investors.
Nov 19	Earnings update	Positive	-1.0%	Q3 2025 revenue up 47% with improved gross margin and narrower loss.
Oct 08	Conference appearance	Positive	+9.7%	LD Micro Main Event XIX presentation and investor meetings in San Diego.

Pattern Detected

Recent news has been a mix of growth, marketing, and investor-relations updates. Strong conference exposure has sometimes coincided with sizable gains, while even positive fundamentals, like revenue growth, have not always produced positive next-day moves.

Recent Company History

Over the past six months, FST Corp. has highlighted marketing initiatives, investor outreach, and improving fundamentals. The Q3 2025 update on Nov 19 reported revenue of $12.55M, up 47% year over year, but the stock fell modestly afterward. Conference appearances on Oct 21 and Dec 3 and the KBS Open event around Dec 4–5 drew investor attention with mixed price reactions. Today’s equity incentive plan approval follows the earlier AGM notice on Dec 1.

Market Pulse Summary

This announcement confirms shareholder approval of FST Corp.’s 2025 Equity Incentive Plan, with 35,658,358 votes in favor and only 2,999 against, indicating strong support for using stock-based awards to attract and retain talent. In context of Q3 2025 revenue of $12.55M, up 47% year over year, investors may monitor how effectively incentives drive growth and margin improvement, alongside future updates on profitability and capital allocation.

Key Terms

equity incentive plan financial

"its 2025 Equity Incentive Plan was approved at the Company's Annual"

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

common stock financial

"35,658,358 Common Stock shares in favor of approval and 2,999 Common"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

proxy regulatory

"The shareholder vote on the Incentive Plan, in person or by proxy, was"

A proxy is the authorization a shareholder gives to another person or document to cast votes on their behalf at a company meeting. Think of it like handing someone your voting ticket so they can represent your choices on board elections, executive pay, mergers and other big decisions; it matters because proxies determine who controls the company and which proposals pass, directly affecting share value and investor returns.

AI-generated analysis. Not financial advice.

Boulder, Colorado--(Newsfile Corp. - December 11, 2025) - FST Corp. (NASDAQ: KBSX), a leading manufacturer and marketer of steel and graphite golf shafts and a provider of other golf-related services, today announced that its 2025 Equity Incentive Plan was approved at the Company's Annual General Meeting of Shareholders, held virtually on December 8, 2025.

The shareholder vote on the Incentive Plan, in person or by proxy, was 35,658,358 Common Stock shares in favor of approval and 2,999 Common Stock shares against approval. There were no abstentions. The 35,661.357 shares of Common Stock voted at the Meeting constituted more than a majority of the total issued and outstanding voting capital stock of the Company entitled to vote.

The Plan is designed to enable FST and its affiliates to attract and retain employees, directors, and consultants who provide services to FST and its affiliates; to provide incentives that align the interests of such individuals with those of the Company's shareholders; and to promote the success of the Company's business.

"We're gratified that our shareholders have approved this Incentive Plan," said chief executive David Chuang, "and believe this approval will indeed help FST grow in 2026 and beyond."

Further details on the Plan may be viewed on the Company's AGM Proxy Statement at: https://www.sec.gov/Archives/edgar/data/2014254/000121390025109311/ea026528301ex99-2_fstcorp.htm.

About FST Corp.

Founded in 1989, FST Corp. manufactures and sells golf club shafts, along with other golf-related items, to golf equipment brands, OEMs, distributors, and consumers via the company's KBS Golf Experience retail outlets. FST's equipment, marketed under the KBS brand, is utilized by golfers at all levels, including many professional players participating in the PGA and other major golf associations. The company's product portfolio, retail presence, and golf-related services are part of a vertically integrated business model that has established the KBS brand on a global scale and created significant competitive advantages over peer brands. The company's growth strategies currently position it for expansion into under-tapped golf shaft markets.

Forward-Looking Statements

This press release contains forward-looking statements regarding future expectations, plans, and prospects, as well as statements that are not historical facts. These statements involve known and unknown risks, uncertainties, and assumptions based on the Company's current expectations about events that may impact its financial condition, results, strategy, and needs. Forward-looking statements can often be identified by terms such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "likely," and similar expressions.

The Company assumes no obligation to update or revise these statements to reflect new events or changes in expectations, except as required by law. While these statements reflect reasonable expectations, actual results may differ materially. Investors are encouraged to review the Company's registration statement and SEC filings for additional information on factors that may impact future results.

Company Contact:
FST Corp.
1801 13th Street, Suite 306,
Boulder, CO 80302
Office: 303-444-2226
Email: investorrelations@fstshafts.com

Investor Relations Inquiries:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: info@skylineccg.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/277758

FAQ

What did FST Corp (KBSX) shareholders approve on December 8, 2025?

Shareholders approved the 2025 Equity Incentive Plan by a vote of 35,658,358 for and 2,999 against, with no abstentions.

How many FST Corp (KBSX) shares voted at the AGM for the 2025 Incentive Plan?

A total of 35,661,357 shares of Common Stock were voted at the meeting, representing a majority of voting capital stock.

What is the purpose of the FST Corp (KBSX) 2025 Equity Incentive Plan?

The Plan is designed to attract and retain employees, directors, and consultants and to align their interests with shareholders.

Will the 2025 Incentive Plan affect FST Corp (KBSX) growth outlook?

Company leadership said they believe approval of the plan will help FST grow in 2026 and beyond.

Where can investors find the full text of FST Corp (KBSX) 2025 Equity Incentive Plan?

Full plan details are available in the AGM proxy statement filed with the SEC at the provided SEC archive link.