Ascent Solar holders back equity plan increase

Ascent Solar Technologies, Inc. reports results of its 2026 Annual Meeting of Stockholders held on June 17, 2026.

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Form Type

8-K

Rhea-AI Filing Summary

Ascent Solar Technologies, Inc. reports results of its 2026 Annual Meeting of Stockholders held on June 17, 2026. Stockholders approved an amendment to the 2023 Equity Incentive Plan, increasing the shares of common stock available under the plan from 893,611 to 1,700,000.

Two Class A directors, Louis Berezovsky and Forrest Reynolds, were elected to terms ending in 2029. Stockholders also ratified Haynie & Company as the independent registered public accounting firm, approved the amended equity plan, supported executive compensation on an advisory basis, and approved the ability to adjourn the meeting if needed.

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, or exhibit attachments filed with this report.

Key Figures

Equity plan shares prior: 893,611 shares Equity plan shares after: 1,700,000 shares Votes for Berezovsky: 1,632,355 votes +5 more

8 metrics

Equity plan shares prior 893,611 shares Common stock available under 2023 Equity Incentive Plan before amendment

Equity plan shares after 1,700,000 shares Common stock available under amended 2023 Equity Incentive Plan

Votes for Berezovsky 1,632,355 votes Total votes for election of director Louis Berezovsky

Votes for Reynolds 1,632,351 votes Total votes for election of director Forrest Reynolds

Auditor ratification for 5,286,724 votes Votes in favor of ratifying Haynie & Company

Equity plan amendment for 1,514,926 votes Total votes in favor of Proposal 3 to amend 2023 Equity Incentive Plan

Say-on-pay for 1,590,976 votes Total votes in favor of advisory executive compensation proposal

Adjournment approval for 5,155,334 votes Total votes in favor of Proposal 5 to adjourn the meeting

Key Terms

2023 Equity Incentive Plan, broker non-vote, advisory basis, emerging growth company, +1 more

5 terms

2023 Equity Incentive Plan financial

"approved an amendment to the Company’s 2023 Equity Incentive Plan to increase the number of shares"

broker non-vote regulatory

"ABSTAIN ... BROKER NON-VOTE ... 3,706,497"

A broker non-vote happens when a brokerage firm holds shares in street name for a client but does not cast a ballot on a particular shareholder item because the broker lacks discretionary authority to vote that matter. Think of it like a person who owns a ticket but the ticket-holder refuses to vote on some issues; the share counts for ownership but not for that vote, which can affect whether proposals reach the required number of votes or a quorum.

advisory basis regulatory

"Approval, on an advisory basis, the compensation of the Company’s Named Executive Officers"

emerging growth company regulatory

"Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

independent registered public accounting firm financial

"Ratification of appointment of independent registered accounting firm – Haynie & Company"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Ascent Solar (ASTI) shareholders approve at the 2026 Annual Meeting?

Shareholders approved several key items, including director elections, auditor ratification, an increase to the 2023 Equity Incentive Plan share pool, an advisory vote on executive compensation, and authorization to adjourn the meeting if necessary, all decided on June 17, 2026.

How many shares are now authorized under Ascent Solar’s 2023 Equity Incentive Plan?

Stockholders increased the 2023 Equity Incentive Plan from 893,611 shares of common stock to 1,700,000 shares. This larger pool can be used for future equity-based awards to directors, officers, employees, and other service providers under the plan’s terms.

Which directors were elected at Ascent Solar’s 2026 Annual Meeting?

Louis Berezovsky and Forrest Reynolds were elected as Class A directors. Each will serve a three-year term ending in 2029, continuing until their respective successors are duly elected and qualified, based on the stockholder vote results reported.

Which audit firm did Ascent Solar (ASTI) shareholders ratify?

Shareholders ratified the appointment of Haynie & Company as Ascent Solar’s independent registered public accounting firm. The proposal received 5,286,724 total votes in favor, with 32,560 against and 64,316 abstentions, and no broker non-votes recorded.

Was Ascent Solar’s say-on-pay proposal approved in 2026?

Yes. The advisory vote on compensation for Ascent Solar’s Named Executive Officers was approved, with total votes of 1,590,976 for, 68,145 against, and 17,982 abstaining, plus 3,706,497 broker non-votes, indicating stockholder support for the current pay practices.

Did Ascent Solar shareholders approve the ability to adjourn the 2026 Annual Meeting?

Shareholders approved the proposal to adjourn the Annual Meeting if necessary. The adjournment measure received 5,155,334 votes for, 200,888 against, and 27,378 abstentions, with no broker non-votes, providing flexibility to reconvene if additional time were required.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/17/2026 - 04:30 PM EDT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 17, 2026

ASCENT SOLAR TECHNOLOGIES, INC.

(Exact name of registrant as specified in its charter)

Delaware		001-32919		20-3672603
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

12300 Grant Street
Thornton, CO		80241
(Address of principal executive offices)		(Zip Code)

	(720) 872-5000
	(Registrant’s telephone number, including area code)

Not Applicable

(Former name, or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.0001 per share		ASTI		Nasdaq Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As described below, the Company held its 2026 Annual Meeting of Stockholders on June 17, 2026. At the Annual Meeting, the Company’s stockholders approved an amendment to the Company’s 2023 Equity Incentive Plan to increase the number of shares of common stock subject to the 2023 Equity Incentive Plan from 893,611 to 1,700,000.

A summary of the material terms of the amended 2023 Plan is set forth in the Company’s definitive proxy statement on Schedule 14A for the Annual Meeting filed with the U.S. Securities and Exchange Commission on April 27, 2026 (the “Proxy Statement”). The summaries of the amended 2023 Plan set forth in the Proxy Statement are qualified in their entirety by reference to the full text of the amended 2023 Plan, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K, and incorporated herein by reference.

Item 5.07. Submission of Matters to a Vote of Security Holders.

On June 17, 2026 the Company convened its 2026 Annual Meeting of Stockholders. The matters voted upon at the Annual Meeting and the results of such voting are set forth below.

Proposal 1 - Election of two Class A directors to serve a three year term ending in 2029 until their respective successors are duly elected and qualified.

Louis Berezovsky	FOR		AGAINST		ABSTAIN		BROKER NON-VOTE
Common		1,486,075		35,329		9,419		3,706,497
Series 1C Preferred		146,280		0		0		0
Total		1,632,355		35,329		9,419		3,706,497

Louis Berezovsky was duly elected.

Forrest Reynolds	FOR		AGAINST		ABSTAIN		BROKER NON-VOTE
Common		1,486,071		35,453		9,299		3,706,497
Series 1C Preferred		146,280		0		0		0
Total		1,632,351		35,453		9,299		3,706,497

Forrest Reynolds was duly elected.

Proposal 2 - Ratification of appointment of independent registered accounting firm – Haynie & Company

	FOR		AGAINST		ABSTAIN		BROKER NON-VOTE
Common		5,140,444		32,560		64,316		0
Series 1C Preferred		146,280		0		0		0
Total		5,286,724		32,560		64,316		0

Proposal 2 was approved.

Proposal 3 – Approval of an amendment to the Company’s 2023 Equity Incentive Plan

	FOR		AGAINST		ABSTAIN		BROKER NON-VOTE
Common		1,368,646		146,264		15,913		3,706,497
Series 1C Preferred		146,280		0		0		0
Total		1,514,926		146,264		15,913		3,706,497

Proposal 3 was approved.

Proposal 4 – Approval, on an advisory basis, the compensation of the Company’s Named Executive Officers

	FOR		AGAINST		ABSTAIN		BROKER NON-VOTE
Common		1,444,696		68,145		17,982		3,706,497
Series 1C Preferred		146,280		0		0		0
Total		1,590,976		68,145		17,982		3,706,497

Proposal 4 was approved.

Proposal 5 – Approval to adjourn the Annual Meeting

	FOR		AGAINST		ABSTAIN		BROKER NON-VOTE
Common		5,009,054		200,888		27,378		0
Series 1C Preferred		146,280		0		0		0
Total		5,155,334		200,888		27,378		0

Proposal 5 was approved.

Item 9.01. Financial Statements and Exhibits.


(d)	Exhibits
	Exhibit Number	Description
	10.1	Ascent Solar 2023 Equity Incentive Plan (as amended through June 17, 2026)
	104	Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


	ASCENT SOLAR TECHNOLOGIES, INC.

June 17, 2026	By:	/s/ Jin Jo
		Name: Jin Jo
		Title: Chief Financial Officer

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

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