{"url_path":"/sec/flna/8-k/2026-06-15/item-5-02","section_key":"item-5-02","section_title":"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-15","source_url":"https://www.sec.gov/Archives/edgar/data/1069530/0001437749-26-020562-index.html","accession_number":"0001437749-26-020562","cik":"0001069530","ticker":"FLNA","issuer_name":"FILANA THERAPEUTICS, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1069530/0001437749-26-020562-index.html","primary_entity_key":"0001069530","primary_entity_name":"FILANA THERAPEUTICS, INC."},"word_count":228,"has_tables":true,"body_markdown":"**Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**\n\n \n\nAs described in Item 5.07 below, on June 11, 2026, at the 2026 Annual Meeting of Stockholders (the “2026 Annual Meeting”) of Filana Therapeutics, Inc. (the “Company”), the stockholders of the Company approved Amendment No. 2 to the Company’s 2018 Omnibus Incentive Plan (as amended, the “2018 Plan”). A summary of key changes to the 2018 Plan follows:\n\n \n\n \n\n●\n\nIncreasing the authorized number of shares issuable thereunder by 4,000,000 shares (from 5,000,000 to 9,000,000 authorized shares).\n\n \n\n \n\n●\n\nExtending the term of the Plan by two years, through and until January 31, 2030.\n\n \n\n \n\n●\n\nExplicitly prohibiting repricing, replacing, or cash‑out of stock options or SARs without stockholder approval.\n\n \n\n \n\n●\n\nDecreasing the maximum annual limit on compensation to non‑employee directors, expressed in both shares and dollar value, and\n\n \n\n \n\n●\n\nDecreasing the maximum annual limit on equity awards to individuals granted during any single fiscal year.\n\n \n\nFor more information on the amendment, please see the related proposal in the Proxy Statement (as defined in Item 5.07 below).\n\n \n\nThe foregoing description of the 2018 Plan does not purport to be complete and is qualified in its entirety by reference to the full text of the amended Plan, a copy of which is attached as Exhibit 10.1 and is incorporated herein by reference."}