Axon (NASDAQ: AXON) investors approve directors, Say-on-Pay and auditor at 2026 meeting
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Axon Enterprise, Inc. reported results of its 2026 Annual Meeting of Shareholders. A total of 72,920,923 common shares were voted, representing approximately 90.5% of the 80,572,201 shares outstanding as of the March 31, 2026 record date. Shareholders elected nine directors to one-year terms, with each nominee receiving at least about 55.8 million votes in favor. They approved on an advisory basis the compensation of the named executive officers and ratified the appointment of PricewaterhouseCoopers LLP as independent registered public accountant for fiscal year 2026, with 72,672,121 votes in favor.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.07, 9.01
2 items
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
Shares voted: 72,920,923 shares
Shares outstanding: 80,572,201 shares
Turnout: 90.5%
+5 more
8 metrics
Shares voted
72,920,923 shares
Voted at 2026 Annual Meeting
Shares outstanding
80,572,201 shares
Outstanding as of March 31, 2026 record date
Turnout
90.5%
Percentage of outstanding shares represented at meeting
Say-on-Pay votes for
54,903,698 votes
Advisory approval of executive compensation
Say-on-Pay votes against
6,239,017 votes
Advisory approval of executive compensation
Auditor ratification votes for
72,672,121 votes
Ratification of PricewaterhouseCoopers LLP for fiscal 2026
Largest director support
60,766,401 votes
Votes for Patrick Smith as director
Smallest director support
55,842,712 votes
Votes for Michael Garnreiter as director
Key Terms
Annual Meeting of Shareholders, broker non-votes, Say-on-Pay, independent registered public accountant, +1 more
5 terms
broker non-votes financial
"as well as abstentions and broker non-votes, if applicable, with respect to each matter"
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.
Say-on-Pay financial
"Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers (“Say-on-Pay”)"
A say-on-pay is a shareholder vote that gives investors a chance to approve or disapprove a company’s executive compensation packages, typically held at annual meetings. It matters because the vote signals investor satisfaction with how leaders are paid—like customers rating how well managers are rewarded—and can push boards to change pay plans, reducing governance risk and affecting investor confidence and stock value even though the vote is usually advisory rather than legally binding.
independent registered public accountant financial
"PricewaterhouseCoopers LLP as the Company’s independent registered public accountant for fiscal year 2026"
broker non-votes financial
"There were no broker non-votes on this proposal."
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.
FAQ
Were Axon (AXON) director nominees elected at the 2026 Annual Meeting?
All nine director nominees were elected for one-year terms. Each nominee, including Patrick Smith, Erika Ayers Badan and others, received a majority of votes cast in favor, with broker non-votes reported separately for each director election proposal.