TREE NEWS update: Solana treasury firm SkyAI’s board survived a shareholder protest, but its proposed equity compensation plan was rejected by a wide margin. Shareholders voted against the equity pay plan while allowing the existing board to remain in place.
SkyAI Board Survives Shareholder Protest; Equity Pay Plan Voted Down
The split outcome is the signal here: shareholders were willing to keep the board but not to authorise the equity compensation it put forward, suggesting the objection is aimed at dilution and pay structure rather than at the directors themselves. For a Solana treasury firm, where equity is a core tool for retaining talent against crypto-native competitors, a rejected plan can constrain hiring and alignment. Whether the board now returns with a revised proposal, or treats the vote as a one-off protest, is the open question.
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