Dorman Products (DORM) holders back directors, pay, KPMG and 2026 incentive plan
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Dorman Products, Inc. held its 2026 Annual Meeting of Shareholders on May 15, 2026. Shareholders voted on director elections, executive pay, auditor ratification, and a new incentive plan.
All eight director nominees were elected, each receiving over 25.9 million votes in favor, with broker non-votes of 1,514,853 on each election. Shareholders approved, on an advisory basis, the compensation of named executive officers with 26,322,500 votes in favor versus 1,042,754 against. They also ratified KPMG LLP as independent registered public accounting firm for 2026 with 28,315,138 votes in favor. In addition, the Dorman Products, Inc. 2026 Omnibus Incentive Plan was approved, receiving 27,005,093 votes in favor against 364,902 votes opposed.
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 entitled to vote: 30,080,288 shares
Say-on-pay votes for: 26,322,500 votes
Auditor ratification votes for: 28,315,138 votes
+2 more
5 metrics
Shares entitled to vote
30,080,288 shares
Common stock issued, outstanding and entitled to vote as of March 25, 2026
Say-on-pay votes for
26,322,500 votes
Advisory approval of named executive officer compensation at 2026 Annual Meeting
Auditor ratification votes for
28,315,138 votes
Ratification of KPMG LLP as independent auditor for 2026
Incentive plan votes for
27,005,093 votes
Approval of Dorman Products, Inc. 2026 Omnibus Incentive Plan
Director highest support
26,977,365 votes
Votes in favor for director nominee Kevin M. Olsen
Key Terms
broker non-votes, advisory basis, independent registered public accounting firm, 2026 Omnibus Incentive Plan, +1 more
5 terms
broker non-votes financial
"Votes in Favor | Votes Against | Abstain | 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 basis financial
"to approve, on an advisory basis, the compensation of the Company’s named executive officers"
independent registered public accounting firm financial
"to ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for 2026"
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.
2026 Omnibus Incentive Plan financial
"to approve the Dorman Products, Inc. 2026 Omnibus Incentive Plan"
FAQ
Was KPMG LLP reappointed as Dorman Products (DORM) auditor for 2026?
Yes. Shareholders ratified the appointment of KPMG LLP as Dorman Products’ independent registered public accounting firm for 2026, with 28,315,138 votes in favor, 593,065 against, and 12,343 abstentions, indicating strong support for retaining KPMG in the audit role.
Were all Dorman Products (DORM) director nominees elected at the 2026 Annual Meeting?
All eight director nominees, including Kevin M. Olsen and the other listed candidates, were elected for one-year terms. Each received at least 25,940,554 votes in favor, with varying votes against, a small number of abstentions, and 1,514,853 broker non-votes recorded.