Mexco Energy holders back incentive stock plan

Mexco Energy’s 2026 annual meeting approved its updated 2019 incentive stock plan, re-elected directors, ratified its auditor, and backed executive pay on an advisory basis.

Rhea-AI Filing Summary

Mexco Energy Corporation (MXC) reported results of its September 8, 2026 annual meeting, where stockholders approved the Mexco Energy Corporation Amended and Restated 2019 Employee Incentive Stock Plan, previously approved by the board subject to stockholder approval. The company also put in place two standard award agreement forms for stock option grants under this plan, with four-year vesting or one-third vesting on the grant date and each of the first two anniversaries. Stockholders elected five directors, ratified Weaver and Tidwell, L.L.P. as independent registered public accounting firm for the fiscal year ending March 31, 2027, and approved a non-binding advisory resolution on executive compensation. A quorum was present, with 1,649,149 of 2,046,000 outstanding common shares represented.

Filing Explained

Stockholders approved the amended incentive plan and its award-agreement forms, but the filing does not report that any options were granted or shares were issued; the disclosure establishes an approved framework rather than a reported change in outstanding common shares.

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

Shares outstanding: 2,046,000 shares Shares represented at meeting: 1,649,149 shares Plan approval votes for: 1,538,624 votes +4 more

7 metrics

Shares outstanding 2,046,000 shares Common stock outstanding and entitled to vote as of July 20, 2026 record date

Shares represented at meeting 1,649,149 shares Common stock represented in person or by proxy at the 2026 annual meeting, constituting a quorum

Plan approval votes for 1,538,624 votes Votes cast in favor of the Amended and Restated 2019 Employee Incentive Stock Plan

Plan approval votes against 67,868 votes Votes cast against the Amended and Restated 2019 Employee Incentive Stock Plan

Say-on-pay votes for 1,593,300 votes Votes in favor of the non-binding advisory resolution on executive compensation

Auditor ratification votes for 1,634,808 votes Votes in favor of ratifying Weaver and Tidwell, L.L.P. as independent registered public accounting firm

Broker non-votes per proposal 32,941 votes Broker non-votes recorded on director elections, incentive plan, and say-on-pay proposals

Key Terms

Amended and Restated 2019 Employee Incentive Stock Plan, non-binding advisory resolution, broker non-votes, independent registered public accounting firm, +1 more

5 terms

Amended and Restated 2019 Employee Incentive Stock Plan financial

"stockholders approved the Mexco Energy Corporation Amended and Restated 2019 Employee Incentive Stock Plan"

non-binding advisory resolution financial

"approve a non-binding advisory resolution regarding the compensation of the Company’s named"

A non-binding advisory resolution is a shareholder vote that expresses investors’ opinion or recommendation but does not legally force the company to act. Think of it like a public survey: management can ignore it, but a strong vote for or against signals investor sentiment, can sway board behavior or policy decisions, and may influence market perception and future, potentially binding, actions.

broker non-votes financial

"Votes For | | Votes Against | | Votes Abstained | | Broker Non-Votes"

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.

independent registered public accounting firm financial

"ratify the Audit Committee of the Board of Directors’ selection of Weaver and Tidwell, L.L.P. 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.

vesting schedule financial

"Form of Award Agreement under the Mexco Energy Corporation Amended and Restated 2019 Employee Incentive Stock Plan (Four-Year Vesting Schedule)"

A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.

FAQ

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

What did Mexco Energy (MXC) stockholders approve at the 2026 annual meeting?

Stockholders approved the Amended and Restated 2019 Employee Incentive Stock Plan, elected five directors, ratified Weaver and Tidwell, L.L.P. as auditor for the year ending March 31, 2027, and approved a non-binding advisory resolution on executive compensation.

How many Mexco Energy (MXC) shares were eligible and represented at the 2026 annual meeting?

As of the July 20, 2026 record date, Mexco Energy had 2,046,000 shares of common stock outstanding and entitled to vote. At the annual meeting, holders of 1,649,149 shares were represented in person or by proxy, constituting a quorum.

How did Mexco Energy (MXC) stockholders vote on the incentive stock plan?

For the Amended and Restated 2019 Employee Incentive Stock Plan, Mexco Energy stockholders cast 1,538,624 votes for, 67,868 votes against, and 9,716 votes abstained, with 32,941 broker non-votes recorded on this proposal.

What was the outcome of Mexco Energy’s (MXC) auditor ratification vote?

Stockholders ratified the Audit Committee’s selection of Weaver and Tidwell, L.L.P. as independent registered public accounting firm for the fiscal year ending March 31, 2027, with 1,634,808 votes for, 14,334 against, and 7 abstentions.

How did Mexco Energy (MXC) stockholders vote on executive compensation?

On the non-binding advisory vote regarding named executive officer compensation, Mexco Energy stockholders cast 1,593,300 votes for, 6,173 votes against, and 16,735 votes abstained, with 32,941 broker non-votes on this proposal.

Were Mexco Energy’s (MXC) director nominees elected at the 2026 annual meeting?

Yes. Each of the five nominees—Kenneth L. Clayton, Thomas R. Craddick, Thomas H. Decker, Christopher M. Schroeder, and Nicholas C. Taylor—was elected, receiving approximately 1.60 million votes for and about 15,000 votes withheld, plus 32,941 broker non-votes for each.

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

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Available on EDGAR 09/10/2026 - 05:29 PM Accepted by SEC EDGAR 09/10/2026 - 05:28 PM Learn about SEC filing dates

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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: September 8, 2026
(Date of earliest event reported)

Mexco Energy Corporation
(Exact name of registrant as specified in its charter)

CO		1-31785		84-0627918
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification Number)

415 W. Wall Street,
Suite 475		79701
Midland, TX		(Zip Code)
(Address of principal executive offices)

Registrant’s telephone number, including area code: 432-682-1119

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))

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $0.50 per share		MXC		NYSE American

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 under Item 5.07 of this Current Report on Form 8-K, on September 8, 2026, at the Annual Meeting of Stockholders of Mexco Energy Corporation (the “Company”), the Company’s stockholders approved the Mexco Energy Corporation Amended and Restated 2019 Employee Incentive Stock Plan (the “Plan”), which had previously been approved by the Company’s Board of Directors, subject to stockholder approval.

A description of the material terms of the Plan is set forth under the heading “Proposal 3 – Approval of the Amended and Restated 2019 Employee Incentive Stock Plan” in the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on July 30, 2026 (the “Proxy Statement”), which description is incorporated herein by reference. The foregoing description is qualified in its entirety by reference to the full text of the Plan, which was filed as Exhibit A to the Proxy Statement and is incorporated herein by reference.

In connection with the Plan, the Compensation Committee of the Board of Directors approved two forms of Mexco Energy Corporation Amended and Restated 2019 Employee Incentive Stock Plan Award Agreement (“Award Agreements”) to be used for stock option awards granted under the Plan. The forms of Award Agreements are filed as Exhibits 10.1 and 10.2 to this Current Report on Form 8-K and are incorporated herein by reference.

Item 5.07 Submission of Matters to a Vote of Security Holders

The Company held its 2026 Annual Meeting of Stockholders (the “Annual Meeting”) on September 8, 2026. As of the record date of July 20, 2026, the Company had 2,046,000 shares of common stock, par value $0.50 per share (the “Common Stock”), outstanding and entitled to vote at the Annual Meeting. The holders of 1,649,149 shares of Common Stock were represented in person or by proxy at the Annual Meeting, constituting a quorum. At the Annual Meeting, the Company’s stockholders were requested to (i) elect five directors to serve on the Company’s Board of Directors for a term of office expiring at the Company’s 2027 Annual Meeting of Stockholders; (ii) ratify the Audit Committee of the Board of Directors’ selection of Weaver and Tidwell, L.L.P. as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2027; (iii) approve the Mexco Energy Corporation Amended and Restated 2019 Employee Incentive Stock Plan; and (iv) approve a non-binding advisory resolution regarding the compensation of the Company’s named executive officers as disclosed in the Proxy Statement. Each of these items is more fully described in the Company’s Proxy Statement.

The final results of the matters voted upon at the Annual Meeting are as follows:

Proposal 1: Election of Directors

Nominee		Votes For		Votes Withheld		Broker Non-Votes
Kenneth L. Clayton		1,600,857		15,351		32,941
Thomas R. Craddick		1,601,360		14,848		32,941
Thomas H. Decker		1,601,054		15,154		32,941
Christopher M. Schroeder		1,601,047		15,161		32,941
Nicholas C. Taylor		1,601,523		14,685		32,941

Proposal 2: Ratification of the Selection of Independent Registered Public Accounting Firm

		Votes For		Votes Against		Votes Abstained
Weaver and Tidwell, L.L.P.		1,634,808		14,334		7

Proposal 3: Approval of the Amended and Restated 2019 Employee Incentive Stock Plan

Votes For		Votes Against		Votes Abstained		Broker Non-Votes
1,538,624		67,868		9,716		32,941

Proposal 4: Advisory Vote on Executive Compensation

Votes For		Votes Against		Votes Abstained		Broker Non-Votes
1,593,300		6,173		16,735		32,941

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

	Exhibit Number		Document
	10.1		Form of Award Agreement under the Mexco Energy Corporation Amended and Restated 2019 Employee Incentive Stock Plan (Four-Year Vesting Schedule)
	10.2		Form of Award Agreement under the Mexco Energy Corporation Amended and Restated 2019 Employee Incentive Stock Plan (One-Third Vesting on Grant Date and Each of First Two Anniversaries)
	10.3		Mexco Energy Corporation Amended and Restated 2019 Employee Incentive Stock Plan, filed as Exhibit A to the Company’s Definitive Proxy Statement on Schedule 14A filed on July 30, 2026, and incorporated herein by reference.
	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.

	MEXCO ENERGY CORPORATION
Date: September 10, 2026	By:	/s/ Tammy McComic
		Tammy McComic
		President and Chief Financial Officer

Filing Exhibits & Attachments

5 documents

Agreements & Contracts

• EX-10.1 EX-10.1 46.9 KB
• EX-10.2 EX-10.2 46.4 KB

Other Documents

• EX-101 XBRL SCHEMA FILE 2.9 KB
• EX-101 XBRL LABEL FILE 33.4 KB
• EX-101 XBRL PRESENTATION FILE 21.8 KB