Modular Medical, Inc. filed a Form 8-K on October 28, 2026, reporting the results of its fiscal 2027 annual shareholder meeting held October 23, 2026, and the subsequent resignation of director Duane DeSisto effective October 26, 2026.

Key Highlights

  • Director resignation: Duane DeSisto resigned from the board of directors effective October 26, 2026, and the filing states his resignation "was not due to a disagreement with the Company on any matter relating to its operations, policies or practices."
  • Annual meeting quorum: Approximately 65% of the Company's outstanding shares of common stock entitled to vote were present in person virtually or by proxy at the October 23, 2026 annual meeting.
  • All six director nominees elected: James E. Besser, Paul DiPerna, Duane DeSisto, Steven Felsher, Philip Sheibley, and Ellen O'Connor Vos were each elected to serve until the next annual meeting.
  • Equity plan expansion approved: Shareholders approved an amendment to the Amended and Restated 2017 Equity Incentive Plan to increase shares available for issuance by 2,500,000 shares, with 2,294,200 votes for and 811,943 against.
  • Auditor ratified: Farber Hass Hurley LLP was ratified as independent registered public accounting firm for the fiscal year ending March 31, 2027, receiving 6,171,976 votes for and 15,512 against.

Modular Medical Fiscal 2027 Annual Meeting: Voting Results and Board Change

According to the filing, Modular Medical, Inc. (NASDAQ:MODD) held its fiscal 2027 annual meeting of shareholders on October 23, 2026. A quorum was present representing approximately 65% of the Company's outstanding shares of common stock entitled to vote. Shareholders voted on four proposals, as described in the Company's definitive proxy statement filed with the SEC on October 1, 2026.

All six director nominees were elected under Proposal 1. Voting totals among non-broker shares showed variation across nominees: Duane DeSisto received the highest "for" count at 3,091,438 votes, while Ellen O'Connor Vos received the lowest at 2,053,232 votes for, with 1,065,190 against. Each elected director is to serve until the next annual meeting and until the election and qualification of a successor, or earlier resignation or removal. Following the election, the filing reports that DeSisto resigned from the board effective immediately on October 26, 2026, three days after the meeting.

Under Proposal 2, shareholders approved an increase of 2,500,000 shares available for issuance under the Amended and Restated 2017 Equity Incentive Plan, with 2,294,200 votes in favor and 811,943 against. Proposal 3, the ratification of Farber Hass Hurley LLP as the Company's independent registered public accounting firm for the fiscal year ending March 31, 2027, was approved by a wide margin, with 6,171,976 votes for and 15,512 against. The filing does not indicate that a fourth proposal was put to a vote beyond the three described.

What Was Disclosed

Modular Medical disclosed the voting results from its October 23, 2026 annual shareholder meeting, covering director elections, an equity plan share increase, and auditor ratification, as well as the resignation of Duane DeSisto from the board on October 26, 2026.