Anterix Shareholders Approve Board, Pay and Expanded 2023 Stock Plan
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Anterix shareholders approved all five proposals at the 2026 annual meeting, including the reelection of seven directors through the 2027 annual meeting.
Investors approved the company's executive compensation on an advisory basis, selected annual say-on-pay votes, and amended the 2023 Stock Plan to increase shares available for employees and non-employee directors.
Shareholders also ratified Deloitte & Touche as Anterix's independent auditor for the fiscal year ending March 31, 2027; final voting results will be filed in a Form 8-K.
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Anterix (NASDAQ:ATEX) stockholders approved all five proposals presented at the company's 2026 annual meeting, including the election of seven directors, an advisory vote on executive compensation and an amendment to the company's 2023 Stock Plan.
Executive Chairman Thomas Kuhn chaired the meeting, which was held pursuant to a notice mailed to stockholders on or about June 25, 2026. The company set June 11, 2026, as the record date for the meeting. As of that date, Anterix had 19,261,270 shares of common stock outstanding and entitled to vote.
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Chief Legal Officer and Corporate Secretary Gena Ashe said holders representing at least a majority of outstanding shares were present virtually or by proxy, establishing a quorum for the meeting.
Stockholders elected all seven director nominees to serve until the 2027 annual meeting and until their successors are elected and qualified. The elected directors are:
Scott Lang, President and Chief Executive Officer
Mahvash Yazdi, Lead Independent Director
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Kuhn also introduced other executive officers attending the meeting, including Ashe; Chief Financial Officer Elena Marquez; Chief Regulatory and Communications Officer Chris Guttman-McCabe; Chief Revenue Officer Kim Green-Kerr; and Chief Marketing Officer and Chief of Staff Heather Martin.
Stockholders approved, on an advisory basis, the compensation of the company's named executive officers. The so-called "say-on-pay" vote is required under the Dodd-Frank Act and is non-binding, though Kuhn said the Compensation Committee and board will consider the outcome in future compensation decisions.
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Investors also approved Amendment No. 2 to the Anterix Inc. 2023 Stock Plan. According to the meeting presentation, the amendment increases the number of shares available for issuance to employees and non-employee directors.
In a separate advisory vote, stockholders selected an annual frequency for future say-on-pay votes. The vote is also non-binding, but the board said it will consider the result when determining the cadence of future executive-compensation votes.
Stockholders ratified the appointment of Deloitte & Touche as Anterix's independent registered public accounting firm for the fiscal year ending March 31, 2027. Fernando Alonso of Deloitte & Touche attended the meeting and was available to address appropriate stockholder questions, according to Ashe.
American Election Services' Natalie Hairston served as inspector of elections for the meeting. Ashe said Anterix will report final voting results in a Form 8-K filing with the Securities and Exchange Commission.
No stockholder questions were submitted during the question-and-answer portion of the meeting. In closing remarks, Kuhn thanked stockholders for their participation and invited them to attend the company's investor call the following week.
Anterix, Inc is a specialized telecommunications company focused on delivering private broadband networks for utilities and other critical infrastructure industries. The company owns and operates dedicated 900 MHz spectrum that enables reliable, secure and high-performance wireless communications to support grid modernization, smart metering, distribution automation and other mission-critical applications. By leveraging this spectrum, Anterix helps electric, water and gas utilities deploy advanced communications capabilities to enhance operational efficiency and resiliency.
At the core of Anterix's offering is its licensed 900 MHz spectrum, which provides superior propagation characteristics compared with unlicensed options and allows for cost-effective coverage over expansive service territories.
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