Go back

Does a stock plan need stockholder approval?

Incorporation & entity structure

Yes, generally, both to adopt it and to increase the pool later. Incentive stock options specifically require stockholder approval of the plan.

Keep the approvals filed with your corporate records. Missing consents for pool increases are a common diligence finding.

Try Inkle Incorporation
We handle this for founders running US companies.
Full guide
What is Rule 701?
People also ask
My company received an official-looking notice demanding a fee for corporate minutes. Is that real?
When is the 83(b) election deadline?
What is the difference between authorized and issued shares?
What is the difference between a stock plan and an option pool?

Ready to take the next step? We would love to help you

Book a demo
This is some text inside of a div block.

Heading

Check your EIN confirmation letter (CP 575) first. If that is gone, look at a previously filed tax return, a business bank account application, or any 1099 you have issued. Your bank or your payroll provider will also have it on file.

previous version