Shareholders at Crane NXT (CXT) reelect board, approve auditor and pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Crane NXT, Co. reported voting results from its 2026 Annual Meeting of Stockholders held on May 21, 2026. Stockholders elected nine directors to serve until the 2027 Annual Meeting, with each nominee receiving over 49.9 million votes in favor and broker non-votes of 2,171,684.
Stockholders also ratified the selection of Deloitte & Touche LLP as the Company’s independent auditors for 2026, with 53,307,949 votes for and 108,480 against. In addition, they approved, on an advisory basis, the compensation of the named executive officers, with 50,192,899 votes for and 858,661 against.
Positive
- None.
Negative
- None.
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, and exhibit attachments filed with this report.
Key Figures
Votes for Jeff Benck: 51,338,444 votes
Votes for Deloitte & Touche LLP: 53,307,949 votes
Votes against auditor ratification: 108,480 votes
+3 more
6 metrics
Votes for Jeff Benck
51,338,444 votes
Director election at 2026 Annual Meeting
Votes for Deloitte & Touche LLP
53,307,949 votes
Ratification as independent auditors for 2026
Votes against auditor ratification
108,480 votes
Auditor ratification proposal at 2026 meeting
Votes for say-on-pay
50,192,899 votes
Advisory approval of named executive officers’ compensation
Votes against say-on-pay
858,661 votes
Advisory compensation proposal for named executive officers
Broker non-votes on key proposals
2,171,684 votes
Director elections and say-on-pay proposal
Key Terms
broker non-votes, Emerging growth company, independent auditors, advisory basis, +1 more
5 terms
broker non-votes financial
"Broker non-votes 2,171,684"
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.
Emerging growth company regulatory
"Emerging growth company 1 SECTION 5 – CORPORATE GOVERNANCE"
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.
independent auditors financial
"ratified the selection of Deloitte & Touche LLP as independent auditors for the Company for 2026"
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.
advisory basis financial
"The stockholders approved, on an advisory basis, the compensation of the named executive officers"
named executive officers financial
"the compensation of the named executive officers as disclosed in the Company’s definitive proxy statement"
Named executive officers are the senior company leaders whose names, roles and compensation are singled out in required regulatory filings; this typically includes the chief executive, chief financial officer and the next highest‑paid senior officers. Investors treat this list like a team roster — it shows who makes key decisions, how they are paid and whether incentives align with shareholder interests, so changes or pay patterns can signal governance quality, risk or strategic shifts.
FAQ
Were all director nominees elected at Crane NXT’s 2026 Annual Meeting?
Yes, all nine director nominees were elected to serve until the 2027 Annual Meeting. For example, Jeff Benck received 51,338,444 votes for, 238,870 against, 63,265 abstentions, and 2,171,684 broker non-votes, with similar strong support for the other nominees.
How many broker non-votes occurred on Crane NXT’s 2026 proposals?
Broker non-votes totaled 2,171,684 on the director elections and the say-on-pay proposal. There were no broker non-votes on the auditor ratification, where shareholders cast direct votes for, against, or abstaining on the selection of Deloitte & Touche LLP.