SMX Expands Equity Incentive Pool and Issues 2.3 Million RSUs

SMX Public Limited Company ( (SMX) ) has shared an announcement.

On April 24, 2026, SMX amended its 2022 Incentive Equity Plan to increase the number of authorized ordinary shares available for equity awards from about 2.44 million to roughly 4.75 million. Leveraging Nasdaq rules that permit foreign private issuers to follow home country governance practices, the company approved the amendment without seeking stockholder approval.

Following the amendment, SMX granted a total of 2.3 million restricted stock units to certain executive officers, directors and service providers, with the earliest vesting date set for January 31, 2027. As of April 23, 2026, the company had 7,297,433 ordinary shares outstanding, meaning the enlarged equity pool and RSU grants could materially increase dilution but also align key stakeholders’ incentives with longer-term performance.

More about SMX Public Limited Company

SMX (Security Matters) Public Limited Company is a foreign private issuer listed on Nasdaq and based in Dublin, Ireland. The company operates in the security and traceability technology space, focusing on solutions that help track and authenticate materials and products across supply chains for regulated and industrial markets.

Average Trading Volume: 1,081,377

Technical Sentiment Signal: Sell

Current Market Cap: $16.75M

For an in-depth examination of SMX stock, go to TipRanks’ Overview page.