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Comcast (NYSE: CCZ) investors back pay plan but reject independent chair proposal

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(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Comcast Corporation reported the results of its annual shareholder meeting held on June 10, 2026. All director nominees were elected for one-year terms, with most receiving well over 300 million votes in favor and substantial broker non-votes reported for each nominee.

Shareholders ratified Deloitte & Touche LLP as independent auditors for the 2026 fiscal year with 379,820,320 votes for and 14,479,020 against. The advisory vote on executive compensation passed with 217,159,284 votes for and 154,472,928 against. A shareholder proposal to require an independent board chair was not approved, with 97,883,785 votes for and 272,868,586 against.

Positive

  • None.

Negative

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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.
Auditor ratification - for 379,820,320 votes Deloitte & Touche LLP ratified for 2026 fiscal year
Auditor ratification - against 14,479,020 votes Deloitte & Touche LLP ratified for 2026 fiscal year
Say-on-pay - for 217,159,284 votes Advisory vote on executive compensation
Say-on-pay - against 154,472,928 votes Advisory vote on executive compensation
Independent chair proposal - for 97,883,785 votes Shareholder proposal for independent chair
Independent chair proposal - against 272,868,586 votes Shareholder proposal for independent chair
Typical broker non-votes 22,027,820 votes Reported on director and proposal items
broker non-votes financial
"the number of abstentions and broker non-votes with respect to each such 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.
advisory vote on our executive compensation financial
"The advisory vote on our executive compensation, as described in the proxy statement, was approved."
independent chair financial
"A shareholder proposal to adopt a policy to have an independent chair, as described in the proxy statement, was not approved."
independent auditors financial
"The appointment of Deloitte & Touche LLP as our independent auditors for the 2026 fiscal year"
Independent auditors are outside, licensed accountants who examine a company’s books, records and internal controls and issue an objective opinion on whether the financial statements accurately reflect the business’s financial position. Investors treat their report like a neutral inspector’s stamp — it increases trust, makes financial results easier to compare, and alerts readers if there are errors, omissions or other problems that could affect investment decisions.
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
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Understanding 8-K Material Events →
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): June 10, 2026
Comcast Corporation
(Exact Name of Registrant
as Specified in its Charter)
Pennsylvania
(State or Other Jurisdiction of Incorporation)
001-3287127-0000798
(Commission File Number)(IRS Employer Identification No.)
One Comcast Center
Philadelphia, PA
19103-2838
(Address of Principal Executive Offices)(Zip Code)
Registrant’s telephone number, including area code: (215) 286-1700
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class  Trading Symbol(s)Name of Each Exchange on Which Registered
Class A Common Stock, $0.01 par value CMCSA The Nasdaq Stock Market LLC
0.000% Notes due 2026CMCS26The Nasdaq Stock Market LLC
0.250% Notes due 2027CMCS27The Nasdaq Stock Market LLC
1.500% Notes due 2029CMCS29The Nasdaq Stock Market LLC
0.250% Notes due 2029CMCS29AThe Nasdaq Stock Market LLC
0.750% Notes due 2032CMCS32The Nasdaq Stock Market LLC
3.250% Notes due 2032CMCS32AThe Nasdaq Stock Market LLC
1.875% Notes due 2036CMCS36The Nasdaq Stock Market LLC
3.550% Notes due 2036CMCS36AThe Nasdaq Stock Market LLC
1.250% Notes due 2040CMCS40The Nasdaq Stock Market LLC
5.250% Notes due 2040CMCS40AThe Nasdaq Stock Market LLC
5.50% Notes due 2029CCGBP29New York Stock Exchange
2.0% Exchangeable Subordinated Debentures due 2029CCZNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ 


Item 5.07.  Submission of Matters to a Vote of Security Holders.

(a)    At the annual meeting on June 10, 2026, our shareholders approved, or did not approve, the following proposals.
(b)    The number of votes cast for and against (or withheld) and the number of abstentions and broker non-votes with respect to each such proposal, as described in detail in the Company’s definitive proxy statement dated April 24, 2026, are set forth below.
(1)All of the director nominees named in the proxy statement were elected to serve as directors for one-year terms.
Director
 
For

Withheld

Broker Non-Votes
Kenneth J. Bacon
 
299,510,51073,008,95722,027,820
Thomas J. Baltimore, Jr.

287,796,59284,722,87522,027,820
Madeline S. Bell

331,113,90341,405,56422,027,820
Louise F. Brady

367,119,3035,400,16422,027,820
Edward D. Breen
 
318,345,48354,173,98422,027,820
Michael J. Cavanagh

369,746,0592,773,40822,027,820
Jeffrey A. Honickman
 
327,450,81945,068,64822,027,820
Wonya Y. Lucas

369,013,4363,506,03122,027,820
Asuka Nakahara

368,545,0693,974,39822,027,820
Brian L. Roberts

354,169,22518,350,24222,027,820
Gordon Smith
 
358,213,25414,306,21322,027,820

(2)The appointment of Deloitte & Touche LLP as our independent auditors for the 2026 fiscal year, as described in the proxy statement, was ratified.
For
 
Against
 
Abstain

Broker Non-Votes
379,820,32014,479,020247,947

N/A
(3)The advisory vote on our executive compensation, as described in the proxy statement, was approved.
For
 
Against
 
Abstain

Broker Non-Votes
217,159,284154,472,928887,25522,027,820
(4)A shareholder proposal to adopt a policy to have an independent chair, as described in the proxy statement, was not approved.
For
 
Against
 
Abstain

Broker Non-Votes
97,883,785272,868,5861,767,09622,027,820

Item 9.01(d). Exhibits
Exhibit NumberDescription
104Cover Page Interactive Data File (embedded within the Inline XBRL document)



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
COMCAST CORPORATION
Date:June 12, 2026By:
/s/ Elizabeth Wideman
Name:Elizabeth Wideman
Title:
Senior Vice President, Senior Deputy General Counsel and Assistant Secretary





Source: View Original Filing on SEC EDGAR

FAQ

What did Comcast (CCZ) shareholders decide at the June 10, 2026 annual meeting?

Comcast shareholders elected all nominated directors, ratified Deloitte & Touche LLP as 2026 auditors, approved the advisory vote on executive compensation, and rejected a shareholder proposal to require an independent board chair, based on detailed vote counts disclosed for each item.

Were all Comcast (CCZ) director nominees elected at the 2026 annual meeting?

Yes, all Comcast director nominees were elected to one-year terms. Individual support levels varied, with nominees such as Michael J. Cavanagh receiving 369,746,059 votes for and 2,773,408 withheld, alongside 22,027,820 broker non-votes reported for each director election.

How did Comcast (CCZ) shareholders vote on executive compensation in 2026?

Comcast shareholders approved the advisory vote on executive compensation. The proposal received 217,159,284 votes for, 154,472,928 against, and 887,255 abstentions, with 22,027,820 broker non-votes, indicating majority but not unanimous support for the company’s pay practices.

Was Deloitte & Touche LLP ratified as Comcast (CCZ) auditor for 2026?

Yes, shareholders ratified Deloitte & Touche LLP as Comcast’s independent auditors for fiscal 2026. The ratification drew 379,820,320 votes for, 14,479,020 against, and 247,947 abstentions, with no broker non-votes applicable to this auditor ratification item.

What happened to the Comcast (CCZ) shareholder proposal for an independent chair?

The shareholder proposal to adopt a policy requiring an independent board chair did not pass. It received 97,883,785 votes for, 272,868,586 against, and 1,767,096 abstentions, with 22,027,820 broker non-votes, showing clear opposition among voting shareholders.

What are broker non-votes in Comcast (CCZ) 2026 voting results?

Broker non-votes occur when brokers submit proxies but are not instructed on certain proposals. Comcast reported 22,027,820 broker non-votes for each director election and key shareholder proposals, which counted toward quorum but not as votes for or against those items.

Filing Exhibits & Attachments

4 documents

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