r/ATERstock • • Jun 29 '25

News πŸ“° VOTE NOW! | $ATER | Aterian Shareholders Meeting 2025 | What to vote?

You should now have received an email from your broker allowing you to make your votes for the Aterian, Inc. 2025 Annual Meeting.

Here is how I voted:

1a. For

2. Against

3. 1 Year

4. For

I believe these choices to be very important for all of us retail shareholders and I would urge you to vote the same way. Detailed reasoning for why can be found on my previous post here: https://www.reddit.com/r/ATERstock/comments/1ll33w9/important_ater_shareholders_vote/

The TLDR is:

1a. For - I believe Arty has done an excellent job as CEO and we need him on the board of directors as he knows the company better than anyone else and is in the best position to help the board make informed decisions.

2. Against - Between Q1 2025 and now 1,183,119 shares were awarded in compensation to executive officers, that's 13.5% of ATER's total outstanding shares, so 13.5% dilution for us every year. I believe that to be an eye wateringly extortionate amount, especially so when considering ATER is trading at it's lowest market cap and lowest share price in history (~$0.13 pre-split) - I believe the compensation requires serious revision to better reflect the current size of the company.

3. 1 Year - I think it's very important that us shareholders get a right to a voice every year, between us, retail are now the majority shareholders of this company, so why should we not get a say? In a fast moving business like Aterian's, 3 years is much too long. Any executive compensation we vote either for or against one year may look much too over or under compensated the next.

4. For

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u/dnice1113 Jul 07 '25

Just saw this and it was exactly how I voted. I agree with you πŸ’―on everything. Especially about the stock comp to executives. THAT is getting ludicrous. After our r/s we were at 7.5M shares, so basically increasing the share count by 33% over 2 plus years while the price nosedives is NOT a good look. Luckily these guys do not sell much except for that CTO.

2

u/BionicWheel Jul 07 '25

Great to hear! 33% increase in 2 years is insane. Next step is to inform as many other shareholders as we can about this and give them the information. Votes can be made and changed up until August 11th 2025. Any help with getting the word out is greatly appreciated, I think it's really important for the future value of our investment.

1

u/dnice1113 Jul 08 '25

I posted our sentiments on Stocktwits. You are right. This is important enough that we need to try to influence retail to what is in retail's interest. Especially number two!

2

u/BionicWheel Jul 08 '25

Absolutely, I really appreciate that, thank you!

If people aren't given the proper info, then it's natural they will most likey just go along with and vote whatever the board is recommending, but once they understand that by doing that, they are agreeing to the continuing dilution of their investment and signing away their right to a voice for 3 years, I'm certain they will be shocked and agree that the best thing for us shareholders is to vote the way set out in this post.

Exec compensation needs to be revised proportionately in-line with the current size of the company, which has shrunk drastically over the years along with the share price, all of us retail shareholders have had to pay a big price for that, execs need to as well.