Stock-Based Compensation |
3 Months Ended |
|---|---|
Mar. 31, 2026 | |
| Share-Based Payment Arrangement [Abstract] | |
| Stock-Based Compensation |
The Company is authorized to grant stock options, stock grants and other forms of equity-based compensation under its 2018 Equity Incentive Plan (the “2018 Plan”). The plan has been approved by the shareholders. At the Company’s annual shareholders meeting held on April 29, 2025, shareholders approved an amendment to the Plan to increase the number of shares authorized for issuance by shares, increasing the total number of shares authorized under the Plan from shares. The Company is currently authorized to issue up to shares of common stock under the 2018 Plan. At March 31, 2026, shares remain available for grant.
During the three-month periods ended March 31, 2026 and 2025, the Company issued and shares, respectively, to employees for services performed and recorded compensation expense of $ and $, respectively.
(continued)
OPTIMUMBANK HOLDINGS, INC. AND SUBSIDIARIES
Notes to Condensed Consolidated Financial Statements (Unaudited)
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