Crinetics (NASDAQ: CRNX) investors approve directors, auditor and say-on-pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Crinetics Pharmaceuticals, Inc. reported the results of its annual stockholder meeting held via live webcast on June 18, 2026. Holders of 102,030,415 shares of common stock were present virtually or by proxy, representing approximately 97% of the outstanding shares eligible to vote.
Stockholders elected three Class II directors—Caren Deardorf, Weston Nichols, Ph.D., and Stephanie S. Okey, M.S.—to three-year terms expiring at the 2029 annual meeting. They also ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, and approved, on an advisory basis, the compensation of the company’s named executive officers.
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 represented: 102,030,415 shares
Participation rate: 97%
Auditor ratification votes for: 101,675,974 votes
+4 more
7 metrics
Shares represented
102,030,415 shares
Present virtually or by proxy at the June 18, 2026 annual meeting
Participation rate
97%
Approximate percentage of outstanding shares eligible to be voted at the meeting
Auditor ratification votes for
101,675,974 votes
Votes for ratifying PricewaterhouseCoopers LLP for fiscal year ending December 31, 2026
Auditor ratification votes against
341,727 votes
Votes against ratifying PricewaterhouseCoopers LLP
Say-on-pay votes for
91,657,992 votes
Votes for approving named executive officer compensation on an advisory basis
Say-on-pay votes against
2,698,538 votes
Votes against approving named executive officer compensation
Broker non-votes
5,044,011 votes
Broker non-votes recorded on the say-on-pay proposal
Key Terms
broker non-votes, independent registered public accounting firm, advisory basis, emerging growth company
4 terms
broker non-votes financial
"Votes For | Votes Against | Abstentions | Broker Non-Votes 91,657,992 | 2,698,538 | 2,629,874 | 5,044,011"
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.
independent registered public accounting firm financial
"ratified the selection of PricewaterhouseCoopers 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.
advisory basis financial
"approved, on an advisory basis, the compensation of the Company’s named executive officers"
emerging growth company regulatory
"Emerging growth company o o Item 5.07 Submission of Matters to a Vote of Security Holders."
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.
FAQ
What did Crinetics Pharmaceuticals (CRNX) stockholders vote on at the 2026 annual meeting?
Stockholders voted on electing three Class II directors, ratifying PricewaterhouseCoopers LLP as auditor for 2026, and approving on an advisory basis the compensation of named executive officers, with all three proposals receiving stockholder approval.
Were all director nominees elected at the Crinetics Pharmaceuticals (CRNX) 2026 annual meeting?
Yes. Stockholders elected Caren Deardorf, Weston Nichols, Ph.D., and Stephanie S. Okey, M.S. as Class II directors for three-year terms expiring at the 2029 annual meeting, with each nominee receiving more votes for than withheld.
Did Crinetics Pharmaceuticals (CRNX) stockholders ratify the company’s independent auditor for 2026?
Yes. Stockholders ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 101,675,974 votes for, 341,727 votes against, and 12,714 abstentions recorded.
How did Crinetics Pharmaceuticals (CRNX) stockholders vote on executive compensation in 2026?
On an advisory basis, stockholders approved the compensation of the company’s named executive officers, with 91,657,992 votes for, 2,698,538 against, 2,629,874 abstentions, and 5,044,011 broker non-votes reported for this say-on-pay proposal.