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Alexander’s Inc. (NYSE: ALX) investors back 2026 stock plan, pay and auditor

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Alexander’s, Inc. reported that stockholders approved its new 2026 Omnibus Stock Plan at the annual meeting. The plan authorizes 500,000 shares of common stock for equity incentives, including 477,121 shares that had remained available under the prior 2016 plan, and is designed to grant various stock-based awards to employees, officers and non-employee directors of Alexander’s and Vornado Realty Trust. The 2016 plan is being superseded, with no further awards made under it, though existing awards stay in place. Stockholders also re-elected three directors, approved executive compensation on an advisory basis, and ratified Deloitte & Touche LLP as independent auditor.

Positive

  • None.

Negative

  • None.

Insights

Alexander’s gains fresh equity incentive capacity while maintaining strong stockholder support for directors, pay and auditor.

The 2026 Omnibus Stock Plan provides up to 500,000 shares for equity awards, replacing the 2016 plan while rolling in 477,121 previously available shares. This centralizes incentive authority in a single, updated framework overseen by the compensation committee.

Stockholder voting support was solid across all proposals, including the plan’s approval and the advisory vote on executive compensation. Ratification of Deloitte & Touche LLP as auditor indicates continuity in financial oversight. Overall, these outcomes reflect stable governance arrangements without signaling a major strategic shift.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
2026 Plan share pool 500,000 shares Shares of common stock available for issuance under 2026 Omnibus Stock Plan
Carryover from 2016 plan 477,121 shares Shares that had remained available under 2016 plan and now included in 2026 plan pool
Shares outstanding 5,107,290 shares Common shares outstanding and entitled to vote as of March 23, 2026
Meeting participation 4,750,166 shares (93.01%) Shares present or represented by proxy at the 2026 annual meeting
Votes for 2026 plan 4,145,387 shares Votes cast in favor of approving the 2026 Omnibus Stock Plan
Say-on-pay support 4,158,627 shares Votes for non-binding advisory approval of executive compensation
Auditor ratification votes 4,709,348 shares Votes for ratifying Deloitte & Touche LLP as 2026 auditor
2026 Omnibus Stock Plan financial
"the Company’s stockholders approved the adoption of the Alexander’s, Inc. 2026 Omnibus Stock Plan"
stock appreciation rights financial
"provides for granting stock options, stock appreciation rights, restricted stock units, performance share awards"
Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.
broker non-votes financial
"Nominee | For | Withheld | Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
non-binding advisory vote financial
"Non-binding advisory vote on executive compensation paid to our named executive officers"
A non-binding advisory vote is a shareholder vote that expresses investors’ opinion on a proposal (such as executive pay, corporate policy, or governance practices) but does not legally force the company to act. Think of it like a customer survey: it signals whether owners approve or disapprove and can pressure boards and managers to change course, so investors watch the result as an indicator of governance risk and potential future shifts in company strategy or leadership.
independent registered public accounting firm financial
"Ratification of Deloitte & Touche LLP as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
Deferred Stock Unit Grant Agreement financial
"Form of Alexander’s Inc. 2026 Omnibus Stock Plan Deferred Stock Unit Grant Agreement"
Understanding 8-K Material Events →
0000003499false00000034992026-05-212026-05-21


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
May 21, 2026

ALEXANDERS INC
(Exact Name of Registrant as Specified in Charter)
Delaware
001-06064
51-0100517
(State or Other
(Commission
(IRS Employer
Jurisdiction of Incorporation)
File Number)
Identification No.)
210 Route 4 East
Paramus,
New Jersey
07652
(Address of Principal Executive offices)
(Zip Code)
Registrant’s telephone number, including area code: (201) 587-8541
Former name or former address, if changed since last report: N/A
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2.):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, $1 par value per share
ALX
New York Stock Exchange
    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
    Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Approval of the Alexander’s, Inc. 2026 Omnibus Stock Plan
On May 21, 2026, at the Annual Meeting of Stockholders of Alexander’s, Inc. (the “Company”), the Company’s stockholders approved the adoption of the Alexander’s, Inc. 2026 Omnibus Stock Plan (the “2026 Plan”). The 2026 Plan supersedes and replaces the Company’s 2016 Omnibus Stock Plan (the “2016 Plan”) and the allocation of shares thereunder. No additional awards will be made under the 2016 Plan but the terms and conditions of any outstanding awards granted under the 2016 Plan will not be affected.
The 2026 Plan is a broad-based incentive compensation plan that provides for granting stock options, stock appreciation rights, restricted stock units, performance share awards, restricted share awards, and other share-based awards to employees, officers and non-employee directors of the Company and its subsidiaries, employees and non-employee directors of Vornado Realty Trust (“Vornado”) and its subsidiaries and such other persons or entities providing services to the Company as may be designated by the Compensation Committee of the Board of Directors. The 2026 Plan gives the Compensation Committee the maximum flexibility to use various forms of incentive awards as part of the Company’s overall compensation program.
Subject to adjustments as required or permitted by the 2026 Plan’s terms, 500,000 shares of the Company’s common stock, par value $1.00 per share, (the “Shares”) are available for issuance under the 2026 Plan, which include 477,121 Shares remaining available for issuance under the 2016 Plan. Awards granted under the 2026 Plan will reduce the available Shares under the 2026 Plan by the number of Shares with respect to which the awards are made; provided that Shares subject to an award that expires unexercised, or that are forfeited, terminated or canceled, in whole or in part, will again be available for grant under the 2026 Plan. Awards that may be settled only in cash will not reduce the available Shares under the 2026 Plan. Non-employee directors of the Company, Vornado or any of their respective subsidiaries shall not be granted during any one year period options to purchase Shares and stock appreciation rights with respect to more than 300,000 Shares in the aggregate or any other awards with respect to more 300,000 Shares in the aggregate, subject to certain adjustments. Shares subject to an award under the 2026 Plan will not again be made available for issuance or delivery under the 2026 Plan if such Shares are (i) Shares tendered in payment of an option, (ii) Shares delivered or withheld by the Company to satisfy any tax withholding obligation, or (iii) Shares covered by a stock-settled stock appreciation right or other awards that were not issued upon the settlement of the award.
A description of the material terms of the 2026 Plan was included in the Company’s definitive proxy statement for the Annual Meeting of Stockholders, which was filed with the Securities and Exchange Commission on April 7, 2026. The foregoing description of the 2026 Plan does not purport to be complete and is qualified in its entirety by reference to the full text of the 2026 Plan, a copy of which is filed as Exhibit 10.2 hereto and incorporated by reference herein.

Item 5.07.    Submission of Matters to a Vote of Security Holders.                               
     On May 21, 2026, Alexander’s, Inc. (the “Company”) held its 2026 Annual Meeting of Stockholders (the “Meeting”). As of March 23, 2026, the record date for stockholders entitled to vote at the Meeting, there were 5,107,290 shares of common stock, par value $1.00 per share (the “Shares”) outstanding and entitled to vote. Of the Shares entitled to vote at the Meeting, 4,750,166, or approximately 93.01% of the Shares, were present or represented by proxy. There were four matters presented and voted on. Set forth below is a brief description of each matter voted on and the voting results with respect to each such matter.
 
Proposal 1 – Election of three nominees to serve on the Board of Directors for a three-year term and until their respective successors are duly elected.
Nominee
For
Withheld
Broker Non-Votes
Thomas R. DiBenedetto4,133,474304,109312,583
Mandakini Puri4,331,357106,226312,583
Russell B. Wight Jr.4,148,104289,479312,583
 





1


Proposal 2 – Approval of the 2026 Omnibus Stock Plan of Alexander’s, Inc.
 
For
AgainstAbstain
Broker Non-Votes
Votes Cast
4,145,387290,0162,180312,583

Proposal 3 – Non-binding advisory vote on executive compensation paid to our named executive officers.
 
For
AgainstAbstain
Broker Non-Votes
Votes Cast
4,158,627269,1929,764312,583


Proposal 4 – Ratification of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year 2026.
 
For
Against
Abstain
Votes Cast
4,709,34840,195623

In addition to the three nominees who were re-elected to serve on the Company’s Board of Directors, Steven Roth, David M. Mandelbaum, Wendy A. Silverstein, and Arthur I. Sonnenblick continue to serve as Directors after the Meeting.

Item 9.01.    Financial Statements and Exhibits. 
Exhibit No.Description
10.1
Form of Alexander’s Inc. 2026 Omnibus Stock Plan Deferred Stock Unit Grant Agreement between the Company and certain employees.
10.2
Alexander’s, Inc. 2026 Omnibus Stock Plan (incorporated by reference to Annex A to the Alexander’s, Inc. definitive proxy statement on Schedule 14A for its 2026 Annual Meeting of Stockholders filed on April 7, 2026)
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
2


SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ALEXANDER’S, INC.
(Registrant)
 By:/s/ Gary Hansen
 Name:Gary Hansen
 Title:Chief Financial Officer (duly
authorized officer and principal financial and accounting officer)
 
Date: May 21, 2026
 


3

Source: View Original Filing on SEC EDGAR

FAQ

What is Alexander’s Inc. (ALX) 2026 Omnibus Stock Plan?

Alexander’s 2026 Omnibus Stock Plan authorizes up to 500,000 common shares for equity incentives. It allows options, stock appreciation rights, restricted stock units, performance and other share-based awards to Alexander’s and Vornado personnel, giving the compensation committee broad flexibility in structuring stock-based compensation.

How many Alexander’s (ALX) shares were outstanding and entitled to vote at the 2026 meeting?

Alexander’s had 5,107,290 common shares outstanding and entitled to vote as of March 23, 2026. At the annual meeting, 4,750,166 shares, or approximately 93.01% of those eligible, were present or represented by proxy, indicating high participation from stockholders.

Did Alexander’s Inc. (ALX) stockholders approve the 2026 Omnibus Stock Plan?

Yes, stockholders approved the 2026 Omnibus Stock Plan with 4,145,387 votes for, 290,016 against, 2,180 abstentions and 312,583 broker non-votes. This approval replaces the 2016 plan for new awards while keeping outstanding 2016 plan awards unchanged in terms and conditions.

How did Alexander’s (ALX) stockholders vote on executive compensation in 2026?

In a non-binding advisory vote, stockholders supported executive compensation with 4,158,627 votes for, 269,192 against and 9,764 abstentions, plus 312,583 broker non-votes. This indicates broad, though not unanimous, stockholder support for pay practices for the company’s named executive officers.

Which directors were elected to Alexander’s (ALX) board at the 2026 meeting?

Stockholders re-elected Thomas R. DiBenedetto, Mandakini Puri and Russell B. Wight Jr. for new three-year terms. Other directors, including Steven Roth, David M. Mandelbaum, Wendy A. Silverstein and Arthur I. Sonnenblick, continue serving, maintaining continuity on the board of directors.

Who is Alexander’s Inc. (ALX) auditor for fiscal year 2026?

Stockholders ratified Deloitte & Touche LLP as Alexander’s independent registered public accounting firm for fiscal year 2026. The ratification vote totaled 4,709,348 shares for, 40,195 against and 623 abstentions, supporting continuity in the company’s external audit relationship.

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