Alto Ingredients (ALTO) shareholders back 2026 incentive plan, board and auditor
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Alto Ingredients, Inc. reported results from its June 23, 2026 annual meeting, where stockholders approved the new 2026 Omnibus Incentive Plan. The plan authorizes up to 7,000,000 shares for equity and cash-based awards and will run until June 23, 2036 unless ended earlier.
Shareholders also elected five directors, approved 2025 executive compensation in an advisory say-on-pay vote, and ratified RSM US LLP as independent registered public accounting firm for the year ending December 31, 2026.
Positive
- None.
Negative
- None.
8-K Event Classification
3 items: 5.02, 5.07, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
2026 Plan share pool: 7,000,000 shares
Plan term end date: June 23, 2036
Say-on-pay votes for: 25,740,806
+5 more
8 metrics
2026 Plan share pool
7,000,000 shares
Maximum common shares issuable under 2026 Omnibus Incentive Plan
Plan term end date
June 23, 2036
Expiration of 2026 Omnibus Incentive Plan unless terminated earlier
Say-on-pay votes for
25,740,806
Votes approving 2025 executive compensation
Say-on-pay votes against
1,044,080
Votes opposing 2025 executive compensation
Incentive plan votes for
25,660,172
Votes approving 2026 Omnibus Incentive Plan
Incentive plan votes against
1,406,965
Votes opposing 2026 Omnibus Incentive Plan
Auditor ratification votes for
47,300,626
Votes for ratifying RSM US LLP as auditor for 2026
Auditor ratification votes against
1,027,058
Votes against ratifying RSM US LLP as auditor for 2026
Key Terms
2026 Omnibus Incentive Plan, stock appreciation rights, restricted stock units, say-on-pay, +2 more
6 terms
2026 Omnibus Incentive Plan financial
"the Company’s stockholders approved the Alto Ingredients, Inc. 2026 Omnibus Incentive Plan"
stock appreciation rights financial
"including stock options ..., stock appreciation rights, restricted stock, restricted stock units"
Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.
restricted stock units financial
"stock appreciation rights, restricted stock, restricted stock units, performance-based awards"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
say-on-pay financial
"To approve the 2025 compensation ... pursuant to the compensation disclosure rules ... (“say-on-pay”)."
A say-on-pay is a shareholder vote that gives investors a chance to approve or disapprove a company’s executive compensation packages, typically held at annual meetings. It matters because the vote signals investor satisfaction with how leaders are paid—like customers rating how well managers are rewarded—and can push boards to change pay plans, reducing governance risk and affecting investor confidence and stock value even though the vote is usually advisory rather than legally binding.
independent registered public accounting firm financial
"To ratify the appointment of RSM US LLP as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
broker non-votes financial
"Total Broker Non-Votes ... 20,929,947"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
FAQ
What did Alto Ingredients (ALTO) stockholders approve at the 2026 annual meeting?
Stockholders approved the 2026 Omnibus Incentive Plan, elected five directors, gave advisory approval to 2025 executive compensation, and ratified RSM US LLP as independent auditor for the year ending December 31, 2026.
How long will Alto Ingredients' 2026 Omnibus Incentive Plan remain in effect?
The 2026 Omnibus Incentive Plan will remain in effect until June 23, 2036, unless it is terminated earlier according to its terms. The plan can also be adjusted for certain corporate events as described within the plan document.
Which directors were elected at Alto Ingredients' 2026 annual meeting?
Shareholders elected Gilbert E. Nathan, Bryon T. McGregor, Dianne S. Nury, Maria G. Gray, and Alan R. Tank to the board. Each will serve until the next annual meeting and until their respective successors are duly elected and qualified.
Who is Alto Ingredients' auditor for the year ending December 31, 2026?
Stockholders ratified RSM US LLP as Alto Ingredients' independent registered public accounting firm for the year ending December 31, 2026, with 47,300,626 votes for, 1,027,058 against, and 139,524 abstentions recorded.