STAAR Surgical (STAA) adds 3.9M plan shares, elects board and ratifies BDO
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
STAAR Surgical Company reported results from its 2026 Annual Meeting of Shareholders held on June 18, 2026. Shareholders approved Amendment No. 2 to the Amended and Restated Omnibus Equity Incentive Plan, increasing the shares of common stock reserved for issuance under the plan by 3,900,000 shares.
Seven directors were elected to serve until the 2027 annual meeting or until successors are elected and qualified. Shareholders also ratified the appointment of BDO USA, P.C. as independent registered public accounting firm for the fiscal year ending January 1, 2027 and approved, on a non-binding advisory basis, the compensation of the company’s named executive officers. As of April 20, 2026, there were 49,788,295 outstanding common shares, and a quorum of 43,680,435 shares was represented at the meeting.
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
Equity plan increase: 3,900,000 shares
Shares outstanding: 49,788,295 shares
Quorum represented: 43,680,435 shares
+3 more
6 metrics
Equity plan increase
3,900,000 shares
Additional common stock reserved under Omnibus Equity Incentive Plan
Shares outstanding
49,788,295 shares
Common stock outstanding as of April 20, 2026 record date
Quorum represented
43,680,435 shares
Common stock represented in person or by proxy at 2026 annual meeting
Plan amendment votes for
40,231,475 shares
Votes for Proposal 2 to approve Amendment No. 2 to equity plan
Auditor ratification votes for
43,433,234 shares
Votes for Proposal 3 ratifying BDO USA, P.C. as auditor
Say-on-pay votes for
39,737,385 shares
Votes for Proposal 4 approving named executive officer compensation
Key Terms
Amended and Restated Omnibus Equity Incentive Plan, broker non-votes, non-binding advisory basis, independent registered public accounting firm, +1 more
5 terms
Amended and Restated Omnibus Equity Incentive Plan financial
"Amendment No. 2 to the STAAR Surgical Company Amended and Restated Omnibus Equity Incentive Plan"
broker non-votes financial
"Number of Shares For, Withheld, 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.
non-binding advisory basis financial
"To approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers"
A non-binding advisory basis is guidance or a recommendation offered for informational purposes that does not create legal obligations or guarantees; recipients can accept, modify, or ignore it without contractual consequences. Investors should treat it like a weather forecast for planning—useful for forming expectations and assessing risk, but not a firm promise—so they should verify assumptions, seek confirming information, and avoid relying on it as the sole basis for investment decisions.
independent registered public accounting firm financial
"to ratify the appointment of BDO USA, P.C. 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.
quorum financial
"At the 2026 Annual Meeting, a quorum of 43,680,435 shares of the Company’s common stock were represented"
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.
FAQ
Were all director nominees elected at STAAR Surgical’s 2026 annual meeting?
All seven director nominees, including Neal C. Bradsher, Arthur C. Butcher, Wei Jiang, and others, received more votes “For” than “Withheld,” with additional broker non-votes reported, and will serve until the 2027 annual meeting or until successors are elected.