Cooper-Standard (NYSE: CPS) investors re-elect board and ratify Ernst & Young
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Cooper-Standard Holdings Inc. held its Annual Meeting of Stockholders on May 14, 2026. As of the record date, 17,755,284 shares of common stock were outstanding, with 13,947,561 shares present or represented by proxy and entitled to vote.
All nine director nominees, including John G. Boss and Jeffrey S. Edwards, were elected for one-year terms expiring at the 2027 annual meeting. Stockholders approved on an advisory basis the compensation of the named executive officers, with 9,724,429 votes for, 256,127 against, and 109,234 abstentions, plus 3,857,771 broker non-votes.
Investors also ratified the Audit Committee’s appointment of Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 13,835,496 votes for, 107,264 against, and 4,801 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 outstanding: 17,755,284 shares
Shares represented: 13,947,561 shares
Say-on-pay votes for: 9,724,429 votes
+3 more
6 metrics
Shares outstanding
17,755,284 shares
Common stock outstanding and eligible to vote as of record date
Shares represented
13,947,561 shares
Common stock present or represented by proxy and entitled to vote
Say-on-pay votes for
9,724,429 votes
Advisory approval of named executive officer compensation
Say-on-pay votes against
256,127 votes
Advisory approval of named executive officer compensation
Auditor ratification votes for
13,835,496 votes
Ratification of Ernst & Young LLP for fiscal year ending December 31, 2026
Auditor ratification votes against
107,264 votes
Ratification of Ernst & Young LLP for fiscal year ending December 31, 2026
Key Terms
Annual Meeting of Stockholders, Broker Non-Votes, advisory vote, independent registered public accounting firm, +1 more
5 terms
Annual Meeting of Stockholders financial
"On May 14, 2026, Cooper Standard Holdings Inc. held its Annual Meeting of Stockholders."
Broker Non-Votes financial
"Name | 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.
advisory vote financial
"The stockholders voted on an advisory basis to approve the compensation of the named executive officers."
An advisory vote is a shareholder poll that expresses investors’ approval or concern about a company’s policy, executive pay, board decisions or other governance matters but does not legally force the company to act. Think of it like a customer survey: it signals investor sentiment and can pressure management to change course, so investors watch the result as a guide to future governance, risk and potential shifts in strategy.
independent registered public accounting firm financial
"to ratify the appointment by the Company's Audit Committee of Ernst & Young LLP as the Company's independent registered public accounting firm"
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.
Audit Committee financial
"ratify the appointment by the Company's Audit Committee of Ernst & Young LLP"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
FAQ
Who was elected to Cooper-Standard’s (CPS) board of directors in 2026?
Nine individuals were elected, including John G. Boss, Jeffrey S. Edwards, Richard J. Freeland, Adriana E. Macouzet-Flores, David J. Mastrocola, Christine M. Moore, Robert J. Remenar, Sonya F. Sepahban, and Stephen A. Van Oss, each serving a one-year term expiring at the 2027 meeting.
Which audit firm will serve Cooper-Standard (CPS) for fiscal year 2026?
Shareholders ratified the appointment of Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026. The ratification vote totaled 13,835,496 for, 107,264 against, and 4,801 abstentions, showing strong support for the auditor choice.
Was there significant opposition to any Cooper-Standard (CPS) director nominee?
All nominees were elected, but vote levels varied. For example, John G. Boss received 9,766,784 votes for and 319,645 against, while some nominees, such as Richard J. Freeland, had higher opposition, with 6,040,021 for and 4,043,510 against, yet still secured election.