Castellum holders back directors and stock plan
Castellum, Inc. reported voting results from its May 19, 2026 annual stockholder meeting.
Rhea-AI Filing Summary
Castellum, Inc. reported voting results from its May 19, 2026 annual stockholder meeting. Stockholders elected five directors to serve until the next annual meeting, with Glen R. Ives receiving 29,097,115 votes in favor and 4,619,401 withheld.
Stockholders also ratified the appointment of RSM US LLP as independent registered public accounting firm for the fiscal year ended December 31, 2026, with 53,771,662 votes for and 2,553,667 against. In addition, they approved an amendment to the Second Amended 2021 Stock Incentive Plan to increase the aggregate number of shares reserved for issuance under the plan to 13,000,000, with 19,780,876 votes for and 13,632,126 against.
Positive
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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, or exhibit attachments filed with this report.
Key Figures
Votes for Glen R. Ives: 29,097,115 votes
Auditor ratification for votes: 53,771,662 votes
Auditor ratification against votes: 2,553,667 votes
+2 more
5 metrics
Votes for Glen R. Ives
29,097,115 votes
Director election at 2026 annual meeting
Auditor ratification for votes
53,771,662 votes
RSM US LLP ratified for fiscal year ended December 31, 2026
Auditor ratification against votes
2,553,667 votes
RSM US LLP ratification proposal
Stock plan amendment for votes
19,780,876 votes
Proposal 3 to amend 2021 Stock Incentive Plan
Shares reserved under stock plan
13,000,000 shares
Aggregate number reserved under Second Amended 2021 Stock Incentive Plan
Key Terms
broker non-votes, independent registered public accounting firm, Emerging growth company, Stock Incentive Plan
4 terms
broker non-votes financial
"Broker Non-Votes Mark S. Alarie | 26,773,763 | 6,942,753 | 22,789,172"
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
"appointment of RSM US 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.
Emerging growth company regulatory
"405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). 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.
Stock Incentive Plan financial
"Second Amended 2021 Stock Incentive Plan to increase the aggregate number of shares reserved"
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Castellum (CTM) stockholders vote on at the 2026 annual meeting?
Castellum stockholders voted on electing five directors, ratifying RSM US LLP as the independent registered public accounting firm for 2026, and amending the Second Amended 2021 Stock Incentive Plan to increase reserved shares to 13,000,000.
Were Castellum (CTM) directors re-elected at the 2026 annual meeting?
Yes. Stockholders elected five directors, including Glen R. Ives, who received 29,097,115 votes for and 4,619,401 withheld. Other directors, such as Mark S. Alarie and C. Thomas McMillen, also received more votes for than withheld.
Did Castellum (CTM) stockholders ratify the company’s auditor for 2026?
Yes. Stockholders ratified the appointment of RSM US LLP as Castellum’s independent registered public accounting firm for the year ended December 31, 2026, with 53,771,662 votes for, 2,553,667 against, and 180,359 abstentions recorded.
What change was approved to Castellum (CTM)’s 2021 Stock Incentive Plan?
Stockholders approved an amendment to the Castellum Second Amended 2021 Stock Incentive Plan that increases the aggregate number of shares reserved for issuance under the plan to 13,000,000, with 19,780,876 votes for and 13,632,126 votes against the proposal.
How many broker non-votes occurred on Castellum (CTM)’s director elections?
Each director election showed 22,789,172 broker non-votes. This figure applied to all five directors listed, including Mark S. Alarie, John F. Campbell, Bernard S. Champoux, Glen R. Ives, and C. Thomas McMillen on Proposal 1.
AI-generated analysis. How Rhea-AI works. Not financial advice.
