Assurant (NYSE: AIZ) holders OK equity plan expansion but reject consent rights
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Assurant, Inc. reported the results of its 2026 annual stockholders meeting. Stockholders approved an amendment to the 2017 Long Term Equity Incentive Plan, adding a reserve of 480,000 additional shares of common stock for future equity awards.
All 10 director nominees were elected to serve until the 2027 annual meeting. Stockholders ratified PricewaterhouseCoopers LLP as independent auditor for fiscal 2026 and, in a non-binding advisory vote, approved fiscal 2025 compensation for named executive officers. They also approved the amended equity plan but did not approve a stockholder proposal seeking the right to act by written consent.
Positive
- None.
Negative
- None.
8-K Event Classification
3 items: 5.02, 5.07, 9.01
3 items
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.
Key Figures
Equity plan share increase: 480,000 shares
Say-on-pay support: 42,958,812 votes for
Equity plan approval votes: 43,536,600 votes for
+3 more
6 metrics
Equity plan share increase
480,000 shares
Additional shares added to 2017 Long Term Equity Incentive Plan reserve
Say-on-pay support
42,958,812 votes for
Non-binding advisory approval of fiscal 2025 executive compensation
Equity plan approval votes
43,536,600 votes for
Approval of Amended ALTEIP at 2026 annual meeting
Auditor ratification support
44,144,033 votes for
Ratification of PricewaterhouseCoopers LLP for fiscal year 2026
Written consent proposal opposition
31,302,676 votes against
Stockholder proposal on right to act by written consent not approved
Director example vote total
44,198,453 votes for
Votes for nominee Rajiv Basu for director election
Key Terms
non-binding advisory vote, broker non-votes, Long Term Equity Incentive Plan, independent registered public accounting firm, +1 more
5 terms
non-binding advisory vote financial
"Approved, by non-binding advisory vote, the fiscal year 2025 compensation"
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.
broker non-votes financial
"Votes For | Votes Against | Abstentions | 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.
Long Term Equity Incentive Plan financial
"Assurant, Inc. 2017 Long Term Equity Incentive Plan (the “ALTEIP”)"
independent registered public accounting firm financial
"as the Company’s independent registered public accounting firm for the fiscal year"
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.
stockholder right to act by written consent financial
"a stockholder proposal entitled “Stockholder right to act by written consent”"
FAQ
What did Assurant (AIZ) stockholders approve at the 2026 annual meeting?
Assurant stockholders approved several items, including all 10 director nominees, ratification of PricewaterhouseCoopers LLP as independent auditor for 2026, a non-binding advisory vote on 2025 executive compensation, and an amendment to the 2017 Long Term Equity Incentive Plan increasing the share reserve by 480,000 shares.
Were Assurant’s named executive officers’ 2025 compensation practices approved by stockholders?
Yes. Stockholders approved, by a non-binding advisory vote, the fiscal year 2025 compensation of Assurant’s named executive officers, with 42,958,812 votes for, 1,244,979 against, 37,635 abstentions, and 2,506,613 broker non-votes recorded in the meeting results disclosure.
Which auditor did Assurant (AIZ) stockholders ratify for fiscal year 2026?
Stockholders ratified PricewaterhouseCoopers LLP as Assurant’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The vote totaled 44,144,033 shares for, 2,592,908 against, and 11,098 abstentions, with no broker non-votes reported for this auditor ratification proposal.
Did Assurant (AIZ) stockholders approve the written consent rights proposal?
No. Stockholders did not approve the proposal titled “Stockholder right to act by written consent.” The vote recorded 12,892,508 shares for, 31,302,676 against, 46,242 abstentions, and 2,506,613 broker non-votes, so the proposal failed to gain the required support.
Were all Assurant (AIZ) director nominees elected at the 2026 annual meeting?
Yes. All 10 director nominees, including Elaine D. Rosen, Rajiv Basu, Lynn S. Blake, and others, were elected to the board to serve until the 2027 annual meeting or until their successors are elected and qualified, with each receiving substantially more votes for than against.