Corporate Governance

PowerBank Shareholders Approve Share Consolidation at Toronto AGM

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PowerBank Shareholders Approve Share Consolidation at Toronto AGM

TORONTO – October 31, 2026 -- PowerBank Corporation (NASDAQ: PBK) shareholders approved a special resolution to consolidate the company's issued and outstanding shares at the annual general meeting held in Toronto on October 29, 2026, with the ratio to be determined by the directors.

All nominees listed in the management information circular dated September 23, 2026 were elected as directors. Shareholders also voted to appoint Deloitte LLP as auditors.

Shareholders let the board set the share consolidation ratio

The resolution amends the company's articles to allow the consolidation on a ratio the board will fix, as set out in the circular. The release does not disclose the ratio, an effective date or vote tallies for the resolution.

PTC Therapeutics Grants Inducement Awards to 13 New Hires

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PTC Therapeutics Grants Inducement Awards to 13 New Hires

Warren – October 31, 2026 -- PTC Therapeutics (NASDAQ: PTCT) granted stock options on 9,620 shares and 11,535 restricted stock units to 13 new employees, with the options struck at $63.02 per share.

Compensation Committee approved the grants on Oct. 28 under Nasdaq's inducement exception

The awards were made under the Nasdaq inducement grant exception, Listing Rule 5635(c)(4). PTC describes them as material to each employee's decision to accept employment. The options are non-statutory.

Option exercise price is set at the $63.02 closing price on the grant date

The exercise price matches PTC's closing share price on Oct. 28, 2026. Each option has a 10-year term and vests over four years. A 25% tranche vests on the first anniversary of the employee's hire date. After that, 6.25% of the original share count vests at the end of each three-month period until fully vested. Vesting depends on continued service.

Accuray Grants New Services SVP 1.3M Inducement Stock Units

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Accuray Grants New Services SVP 1.3M Inducement Stock Units

Madison – October 31, 2026 -- Accuray Incorporated (NASDAQ: ARAY) granted 650,000 restricted stock units and 650,000 performance-based restricted stock units (at target) to Sofiane Laoussadi, its new Senior Vice President, Global Services & Solutions. The two awards cover 1.3 million shares of common stock at target.

Awards fall under NASDAQ inducement rule 5635(c)(4)

The Compensation Committee approved the grants as a material inducement for Laoussadi to join the company, in line with NASDAQ Listing Rule 5635(c)(4). Accuray disclosed them as that rule requires. Both awards took effect on October 30, 2026.

The grants sit outside the company's current equity plan. Their terms are generally consistent with those of the 2026 Equity Incentive Plan.

Emerson Reports No Political Payments in Five Years, PACs Closed

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Emerson Reports No Political Payments in Five Years, PACs Closed

Washington, D.C. – October 31, 2026 -- Emerson says it has made no payments to political candidates, parties, committees, ballot measures, 527 organizations or 501(c)4 organizations over the last five years, according to its government relations disclosure. The company also made no independent political expenditures in that period, to the best knowledge of its Government Relations team.

Emerson closed its federal and Missouri PACs in July 2022

Emerson maintains no federal or state political action committees. It discontinued support for federal candidates in 2021 and shut down both its federal and Missouri PACs in July 2022.

Any resumption of political giving would need approval from the CEO, the General Counsel and the Chief Transformation and Compliance Officer. The Corporate Governance Committee would oversee it, and funds could only promote company interests, not private political preferences.

Sobi Nominates Ex-Ericsson CEO Börje Ekholm as Board Chair

STOCKHOLM – October 30, 2026 -- The Nomination Committee of Swedish Orphan Biovitrum AB (Sobi) proposes Börje Ekholm, who recently stepped down as CEO of Ericsson, as new Board member and Chair at the 2027 Annual General Meeting (AGM). He would succeed David Meek, who has told the committee he will not stand for re-election.

Meek stays on as Chair until May 2027

Meek has served on Sobi's Board and as Chair since December 2024 and will remain Chair for the rest of his term, which runs to May 2027. The committee credits his tenure with strong growth and shareholder return, wider patient access through new launches and indication extensions, and a stronger clinical development pipeline.

Vail Resorts Board Fights Oasis Slate Ahead of Dec. 14 Vote

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Vail Resorts Board Fights Oasis Slate Ahead of Dec. 14 Vote

BROOMFIELD, Colo. – October 30, 2026 -- Vail Resorts' board is urging shareholders to back all nine of its director nominees and reject four candidates put forward by Oasis Management, arguing the activist slate would put a 17-month turnaround at risk ahead of the Dec. 14, 2026 Annual Meeting of Stockholders.

The NYSE-listed operator (MTN) has filed its definitive proxy statement with the U.S. Securities and Exchange Commission. Holders of record as of Oct. 19, 2026 are entitled to vote. The board is asking for votes on the WHITE proxy card.

KLX Energy Adds Ex-Hi-Crush CEO Hallen, Investor Edmonds to Board

HOUSTON – October 30, 2026 -- KLX Energy Services Holdings (NASDAQ: KLXE) has appointed investor Franklin S. Edmonds, Jr. and former Hi-Crush CEO E. Dirk Hallen as independent directors, replacing John Collins and Tom McCaffrey, who resigned from the board.

Both new directors will sit on the Nominating and Governance Committee. Edmonds also joins the Audit Committee, and Hallen joins the Compensation Committee.

KLX pairs a capital-allocation specialist with an oilfield-services operator

CEO Chris Baker said Edmonds' background in investments, capital allocation and governance and Hallen's oilfield services, operational and strategic experience would bring "complementary perspectives" as KLX executes its strategy. Baker credited the departing directors with guiding the company through the Covid era and what he called a "transformational capital rebalancing."

Bandwidth Elects Ex-Silver Lake MD Chip Schroeder to Board

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Bandwidth Elects Ex-Silver Lake MD Chip Schroeder to Board

RALEIGH – – October 29, 2026 -- Bandwidth Inc. (NASDAQ: BAND) has elected Chip Schroeder, a former Silver Lake managing director, to its board of directors. The appointment, effective Oct. 28, 2026, expands the board to six members, four of whom are independent.

Schroeder spent more than a decade at Silver Lake advising portfolio leadership teams

Schroeder worked in Silver Lake's Menlo Park and New York offices and rose to managing director. He advised portfolio company leaders on strategic growth, capital allocation and long-term value creation.

His investment and board experience covers large technology and technology-enabled businesses in digital infrastructure, fintech, software and entertainment. At Silver Lake he sat on the boards of Blackhawk Network, Cast & Crew, Clubessential Holdings, Oak View Group and Shadowbox Studios, among others.

Better Home & Finance Shareholders Oust Five Directors for Garg

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Better Home & Finance Shareholders Oust Five Directors for Garg

New York – October 29, 2026 -- Shareholders of Better Home & Finance (NASDAQ: BETR) removed five of the company's eight directors, including Interim CEO Daniel Lewis, after holders of a majority of outstanding shares consented to founder Vishal Garg's solicitation, according to a commentary from proxy adviser Egan-Jones.

Better confirmed the majority consent on October 5, ending the board contest

The reconstituted board is now cut to five seats. The result does not by itself reinstate Garg as CEO. It gives the board access to his product and strategy expertise while the company settles its permanent leadership.

Egan-Jones recommended that shareholders consent FOR the solicitation in its September 15, 2026 research report. The two other leading proxy advisory firms sided with the incumbent board.

ELS Names Patrick Waite CEO as Nader Moves to Executive Vice Chair

CHICAGO – October 29, 2026 -- Equity LifeStyle Properties (NYSE: ELS) will hand the chief executive role to Patrick Waite on January 1, 2027, ending Marguerite Nader's 13-year tenure as CEO. Nader has been elected Executive Vice Chair of the Board of Directors.

Waite moves up from President and COO after 13 years at ELS

Waite has held senior leadership roles at ELS since 2013. He most recently served as President and Chief Operating Officer, after a decade as Executive Vice President and Chief Operating Officer. His earlier manufactured housing experience includes American Residential Communities, Riverside Communities and Continental Communities.

Chairman Thomas Heneghan said Waite's leadership across acquisitions and operations makes him well prepared for the CEO role. He added that continuity between predecessors and successors "has been central to our success."