Vaxart, Inc. Files Form 8-K Announcing New Board Appointment

Key Highlights for Investors

• Vaxart, Inc. (VXRT) has announced the appointment of Dr. Breitmeyer as a new member of its Board of Directors.
• There are no arrangements or understandings between Dr. Breitmeyer and any other persons regarding his appointment.
• Dr. Breitmeyer has no family relationships with any Vaxart directors or executive officers.
• Dr. Breitmeyer is not a party to any current or proposed transaction with the company that requires disclosure.
• A press release was issued on April 23, 2026, formally announcing the appointment.
• The company’s common stock is traded under the symbol “VXRT” on the OTCQX Best Market.
• Vaxart, Inc. is a biological products company headquartered in South San Francisco, California.

Details of the Board Appointment

On April 23, 2026, Vaxart, Inc. filed a Form 8-K with the Securities and Exchange Commission (SEC) to announce that Dr. Breitmeyer has joined the company’s Board of Directors. According to the filing, there are no pre-existing arrangements or understandings with other persons that led to Dr. Breitmeyer’s appointment. Furthermore, he does not have any family relationships with other directors or executive officers of the company, nor is he involved in any transactions with the company that would require disclosure under Item 404(a) of Regulation S-K.

The company released a press statement on the same day to inform investors and the public about this significant board change. The press release, which is included as Exhibit 99.1 to the Form 8-K, reiterates the above information and complies with Regulation FD Disclosure requirements.

This change in the company’s board composition may be viewed as a strategic move by management, potentially reflecting a focus on strengthening its leadership team. Such appointments can sometimes precede or coincide with shifts in corporate strategy, new product development, or efforts to enhance corporate governance. However, the filing specifically states that there are no related-party transactions or arrangements of note at this time.

Implications for Shareholders

• Board appointments can often be price-sensitive, especially if the new director brings significant industry experience, connections, or a track record of driving growth and innovation. Investors may wish to research Dr. Breitmeyer’s background further to assess the potential impact of his leadership on Vaxart’s strategic direction and operations.
• There is no indication of immediate corporate actions or material events (such as M&A, restructuring, or major business developments) disclosed in this filing.
• The absence of family or transactional ties reinforces the company’s commitment to independent board governance, which may be viewed positively by institutional investors and corporate governance watchdogs.
• The company’s common stock remains listed on the OTCQX Best Market, under the ticker symbol “VXRT”.

Forward-Looking Statements

The accompanying press release contains forward-looking statements relating to Vaxart’s strategy, plans, and expectations, including those regarding its research and product pipeline, results from clinical trials, and future development efforts. These statements are subject to substantial risks and uncertainties, and actual results may differ materially from those expressed or implied. Investors are advised not to place undue reliance on these statements and to review the risk factors outlined in Vaxart’s periodic reports filed with the SEC.

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