Erasca holders reelect directors, ratify KPMG
Erasca, Inc. held its annual meeting of stockholders on June 26, 2026.
Rhea-AI Filing Summary
Erasca, Inc. held its annual meeting of stockholders on June 26, 2026. As of the April 27, 2026 record date, 310,965,971 shares were entitled to vote, and 266,073,906 shares were represented in person or by proxy, establishing a strong quorum.
Stockholders elected three Class II directors—Alexander W. Casdin, Julie Hambleton, M.D., and Michael D. Varney, Ph.D.—to three-year terms expiring at the 2029 annual meeting. Votes for these nominees ranged from 219,569,944 to 223,863,013, with 25,593,152 to 29,886,221 withheld and 16,617,741 broker non-votes.
Stockholders also ratified the appointment of KPMG LLP as Erasca’s independent registered public accounting firm for the fiscal year ending December 31, 2026, with no broker non-votes recorded for this proposal.
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: 310,965,971 shares
Shares represented at meeting: 266,073,906 shares
Votes for highest-supported director: 223,863,013 votes
+3 more
6 metrics
Shares entitled to vote
310,965,971 shares
Common stock as of April 27, 2026 record date
Shares represented at meeting
266,073,906 shares
Present in person or by proxy at June 26, 2026 meeting
Votes for highest-supported director
223,863,013 votes
For election of Michael D. Varney, Ph.D. as Class II director
Votes withheld (lowest for total)
25,593,152 votes
Votes withheld for Michael D. Varney, Ph.D. director election
Broker non-votes on director elections
16,617,741 votes
Broker non-votes for each Class II director proposal
Broker non-votes on auditor ratification
0 broker non-votes
Ratification of KPMG LLP for fiscal year ending December 31, 2026
Key Terms
record date, broker non-votes, independent registered public accounting firm, Emerging growth company
4 terms
record date financial
"As of the close of business on April 27, 2026, the record date for the Annual Meeting"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
broker non-votes financial
"Broker Non Votes | 16,617,741"
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
"Ratification of the appointment of KPMG 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
"Emerging growth company 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Erasca (ERAS) stockholders vote on at the June 26, 2026 annual meeting?
Erasca stockholders voted on two main items: electing three Class II directors to serve until the 2029 annual meeting and ratifying KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026.
Were Erasca (ERAS) directors re-elected at the 2026 annual stockholder meeting?
Yes. Alexander W. Casdin, Julie Hambleton, M.D., and Michael D. Varney, Ph.D. were elected as Class II directors. They each received over 219 million votes for, with between about 25.6 million and 29.9 million votes withheld, plus 16,617,741 broker non-votes.
Did Erasca (ERAS) stockholders ratify KPMG as the 2026 independent auditor?
Yes. Stockholders ratified the appointment of KPMG LLP as Erasca’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The filing notes there were zero broker non-votes on this auditor ratification proposal, indicating clear voting instructions.
What is the term length for the Class II directors elected at Erasca’s 2026 meeting?
The three Class II directors elected at Erasca’s 2026 annual meeting will serve three-year terms. Their terms are scheduled to expire at the company’s 2029 annual meeting of stockholders, consistent with Erasca’s classified board structure dividing directors into separate classes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
