Crescent Capital BDC (NASDAQ: CCAP) 2026 meeting results detailed
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Crescent Capital BDC, Inc. held its 2026 annual stockholder meeting, where 36,969,285 common shares were entitled to vote as of March 18, 2026. Stockholders elected Susan Yun Lee and Michael S. Segal as Class II directors to terms running through the 2029 annual meeting. Lee received 17,107,252 votes for, 306,098 against, and 107,901 abstentions. Segal received 16,302,024 votes for, 1,113,132 against, and 106,095 abstentions. Shareholders also ratified Ernst & Young LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026, with 26,529,354 votes for, 211,437 against, and 155,426 abstentions.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
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.
Key Figures
Shares entitled to vote: 36,969,285 shares
Votes for Susan Yun Lee: 17,107,252 for
Votes for Michael S. Segal: 16,302,024 for
+4 more
7 metrics
Shares entitled to vote
36,969,285 shares
Common stock outstanding as of March 18, 2026 record date
Votes for Susan Yun Lee
17,107,252 for
Election as Class II director
Votes for Michael S. Segal
16,302,024 for
Election as Class II director
Votes against Michael S. Segal
1,113,132 against
Election as Class II director
Auditor ratification votes for
26,529,354 for
Ernst & Young LLP as auditor for FY ending Dec. 31, 2026
Auditor ratification votes against
211,437 against
Ernst & Young LLP ratification
Auditor ratification abstentions
155,426 abstained
Ernst & Young LLP ratification
Key Terms
Annual Meeting of Stockholders, Class II Directors, independent registered public accounting firm, broker non-votes, +1 more
5 terms
Annual Meeting of Stockholders financial
"2026 Annual Meeting of Stockholders (the “Annual Meeting”), held on Friday, May 15, 2026"
Class II Directors financial
"were elected as Class II Directors of the Company to serve for a three-year term"
independent registered public accounting firm financial
"Ernst & Young LLP (“E&Y”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026"
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.
broker non-votes financial
"The following votes were taken in connection with the proposal Director | | For | | Against | | Abstain | | 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.
record date financial
"shares of common stock outstanding at the close of business on the record date, March 18, 2026"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
FAQ
What did Crescent Capital BDC (CCAP) stockholders vote on at the 2026 annual meeting?
Stockholders voted on electing two Class II directors and ratifying Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026. Both proposals received sufficient support for approval.
Who was elected as Class II directors of Crescent Capital BDC (CCAP) in 2026?
Susan Yun Lee and Michael S. Segal were elected as Class II directors to serve three-year terms expiring at the 2029 annual meeting, continuing until their successors are duly elected and qualified, as described in the company’s proxy materials.
What were the vote totals for Crescent Capital BDC director Susan Yun Lee?
Susan Yun Lee received 17,107,252 votes for election, 306,098 votes against, and 107,901 abstentions, with additional broker non-votes not detailed in the excerpt. These results were sufficient for her election as a Class II director.
How did Crescent Capital BDC (CCAP) stockholders vote on Michael S. Segal as director?
Michael S. Segal received 16,302,024 votes for election, 1,113,132 votes against, and 106,095 abstentions, along with broker non-votes referenced but not quantified in the excerpt, resulting in his election as a Class II director.
Did Crescent Capital BDC (CCAP) ratify Ernst & Young as auditor for 2026?
Yes. Stockholders ratified Ernst & Young LLP as Crescent Capital BDC’s independent registered public accounting firm for the fiscal year ending December 31, 2026, with 26,529,354 votes for, 211,437 against, and 155,426 abstentions recorded.