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Radnostix Inc. (INIS) holders back 12M-share 2026 incentive plan

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Radnostix Inc. held its 2026 Annual Meeting of Shareholders on July 16, 2026 in Idaho Falls, Idaho. Stockholders approved the Radnostix Inc. 2026 Incentive Plan, which replaces the expired 2015 equity incentive plan and authorizes the issuance of up to 12,000,000 shares of common stock to employees, officers, directors and other service providers of Radnostix and its affiliates.

There were 309,307,669 shares of common stock represented in person or by proxy, approximately 58.46% of outstanding shares, constituting a quorum. All five director nominees were elected; for example, Robert Atcher received 235,894,311 votes for and 157,335 withheld, with 73,256,023 broker non-votes in the director elections. Two additional shareholder proposals were approved, including one that received 308,264,375 votes for, 353,856 against and 689,438 abstentions, and another with 232,417,556 for, 3,194,021 against, 440,069 abstentions and 73,256,023 broker non-votes.

Positive

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Negative

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Filing Explained

The July 16 approval gives Radnostix capacity—not evidence of shares issued—to issue up to 12,000,000 common shares under a replacement incentive plan; any later issuance would increase the share count and reduce existing holders’ percentage ownership absent offsetting changes.

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.
2026 Incentive Plan share pool 12,000,000 shares Maximum common shares issuable under the Radnostix Inc. 2026 Incentive Plan
Shares represented at meeting 309,307,669 shares Common shares present in person or by proxy at 2026 Annual Meeting
Meeting quorum percentage 58.46% Portion of outstanding common shares represented at 2026 Annual Meeting
Votes for director Robert Atcher 235,894,311 For votes in election of director at 2026 Annual Meeting
For votes on proposal without broker non-votes 308,264,375 For votes on a shareholder proposal that reported no broker non-votes
For votes on proposal with broker non-votes 232,417,556 For votes on a shareholder proposal that reported 73,256,023 broker non-votes
2026 Incentive Plan financial
"approved the Radnostix Inc. 2026 Incentive Plan (the “2026 Incentive Plan”)"
A 2026 incentive plan is a company’s formal program, often named for a year, that authorizes awards like stock options, restricted shares, and cash bonuses to employees and executives to motivate performance and retain talent. For investors it matters because the plan creates potential new shares or payouts that can dilute existing ownership and align management’s choices with company goals—think of it as a reward budget that affects both pay incentives and share value.
equity incentive plan financial
"to replace the Company’s expired 2015 equity incentive plan."
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.
broker non-votes regulatory
"Withheld | | Broker Non-Votes Robert Atcher ... | | 73,256,023"
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.
quorum regulatory
"309,307,669 shares ... approximately 58.46% ... which represented a quorum."
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.

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

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FAQ

What did Radnostix Inc. (INIS) shareholders approve at the 2026 Annual Meeting?

Shareholders approved the Radnostix Inc. 2026 Incentive Plan, replacing the expired 2015 equity incentive plan, and elected all director nominees. They also approved two additional proposals, each receiving strong majority support based on the reported for, against, and abstain vote counts.

How many shares are reserved under Radnostix Inc. (INIS) 2026 Incentive Plan?

The 2026 Incentive Plan authorizes issuance of up to 12,000,000 shares of common stock to employees, officers, directors, and other service providers of Radnostix Inc. and its affiliates, aiming to attract, retain and motivate participants through equity-based compensation awards.

What was shareholder turnout at Radnostix Inc. (INIS) 2026 Annual Meeting?

A total of 309,307,669 shares of Radnostix Inc. common stock were represented in person or by proxy, which the company states is approximately 58.46% of outstanding shares. This participation level constituted a quorum for conducting business at the 2026 Annual Meeting.

Were all Radnostix Inc. (INIS) director nominees elected in 2026?

All five director nominees—Robert Atcher, Shahe Bagerdjian, Duke Fu, Christopher Grosso, and Steve Laflin—were elected. For example, Robert Atcher received 235,894,311 votes for and 157,335 withheld, with 73,256,023 broker non-votes reported in the director elections.

How did Radnostix Inc. (INIS) shareholders vote on other 2026 proposals?

One proposal received 308,264,375 votes for, 353,856 against, and 689,438 abstentions, with no broker non-votes. Another proposal drew 232,417,556 for, 3,194,021 against, 440,069 abstentions, and 73,256,023 broker non-votes, and was described as approved.
false 0001038277 0001038277 2026-07-16 2026-07-16


 
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): July 16, 2026
 
 
RADNOSTIX INC.
(Exact Name of Registrant as Specified in Its Charter)
 
Texas
000-22923
74-2763837  
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
 
4137 Commerce Circle
Idaho FallsIdaho
 
83401
(Address of Principal Executive Offices)
 
(Zip Code)
 
208-524-5300
(Registrant’s Telephone Number, Including Area Code)
 
N/A
(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: None
 
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.  ☐
 

 
Item5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e)
 
On July 16, 2026, Radnostix Inc (the “Company”) held the 2026 Annual Meeting of Shareholders (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders, upon recommendation of the Company’s board of directors, approved the Radnostix Inc. 2026 Incentive Plan  (the “2026 Incentive Plan”) to replace the Company’s expired 2015 equity incentive plan. The 2026 Incentive Plan provides for the issuance of up to 12,000,000 shares of the Company’s common stock for the purpose of attracting, retaining and motivating employees, officers, directors, and other service providers of the Company and its affiliated companies. The material terms of 2026 Incentive Plan are set forth in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on June 4, 2026 (the “Proxy Statement”).
 
The Company’s officers and directors are among the persons eligible to receive awards under the 2026 Incentive Plan in accordance with the terms and conditions thereunder. The foregoing description of the 2026 Incentive Plan does not purport to be complete and is qualified in its entirety by reference to the full text of the 2026 Incentive Plan, which is included as Appendix A to the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on June 4, 2026 and is incorporated herein by reference as Exhibit 10.1 to this Current Report on Form 8-K.
 
Item 5.07.
Submission of Matters to a Vote of Security Holders.
 
On July 16, 2026, the Company held its Annual Meeting at the Company’s headquarters in Idaho Falls, Idaho. At the Annual Meeting, there were 309,307,669 shares of the Company’s common stock represented to vote either in person or by proxy, or approximately 58.46% of the outstanding shares of common stock, which represented a quorum. The Company’s shareholders voted on, and approved, the following proposals at the Annual Meeting:
 
Proposal 1:
Election of five directors to serve for a term of one year and until their successors are elected and qualified.
 
Nominee
 
For
 
Withheld
 
Broker Non-Votes
Robert Atcher
 
235,894,311
 
157,335
 
73,256,023
Shahe Bagerdjian
 
235,891,399
 
160,247
 
73,256,023
Duke Fu
 
235,520,601
 
531,045
 
73,256,023
Christopher Grosso
 
235,685,811
 
365,835
 
73,256,023
Steve Laflin
 
235,688,182
 
363,464
 
73,256,023
 
 
 
 
 
 
 
 
Proposal 2:
Ratification of the appointment of Haynie & Company as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
 
For
 
Against
 
Abstain
 
Broker Non-Votes
308,264,375
 
353,856
 
689,438
 
 
 
Proposal 3:
The Radnostix 2026 Incentive Plan was approved based on the following votes.
 
For
 
Against
 
Abstain
 
Broker Non-Votes
232,417,556
 
3,194,021
 
440,069
 
73,256,023
 
Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.
 
Description
 
10.1
 
Radnostix Inc. 2026 Equity Incentive Plan (incorporated by reference to Appendix A to the Registrant’s Definitive Proxy Statement on Schedule 14A, filed on June 4, 2026).
 
104
 
Cover Page Interactive Data File (formatted as inline XBRL).
 
 

 
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.
 
 
 
RADNOSTIX INC..
 
 
 
 
 
Date: July 21, 2026
By:
/s/ Shahe Bagerdjian
 
 
 
Shahe Bagerdjian
President and Chief Executive Officer
 
 

Filing Exhibits & Attachments

4 documents