Falcon’s Beyond (FBYD) investors reelect directors and ratify KPMG auditor
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Falcon’s Beyond Global, Inc. held its 2026 annual stockholder meeting on June 9, 2026. Stockholders elected Gino P. Lucadamo and Cecil D. Magpuri as Class III directors to serve until the 2029 annual meeting and until their successors are elected and qualified.
Stockholders also ratified the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with an overwhelming majority of votes cast in favor and very few votes against or abstentions.
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
Votes for Lucadamo: 95,031,517 votes
Votes withheld for Lucadamo: 438,793 votes
Votes for Magpuri: 95,465,249 votes
+4 more
7 metrics
Votes for Lucadamo
95,031,517 votes
Election of Class III director at 2026 annual meeting
Votes withheld for Lucadamo
438,793 votes
Election of Class III director at 2026 annual meeting
Votes for Magpuri
95,465,249 votes
Election of Class III director at 2026 annual meeting
Broker non-votes for director elections
6,504,893 shares
Both Class III director proposals at 2026 annual meeting
Votes for KPMG ratification
101,966,335 votes
Ratification of independent registered public accounting firm for 2026
Votes against KPMG ratification
8,861 votes
Ratification of independent registered public accounting firm for 2026
Abstentions on KPMG ratification
7 votes
Ratification of independent registered public accounting firm for 2026
Key Terms
Class III directors, broker non-votes, independent registered public accounting firm, emerging growth company
4 terms
Class III directors financial
"Our stockholders elected Gino P. Lucadamo and Cecil D. Magpuri as Class III directors to serve until the 2029 Annual Meeting"
Class III directors are members of a company’s board assigned to one of several staggered term groups, so only that class faces election in a particular year while other classes stay in place. For investors this affects corporate control and takeover risk because staggered elections make it slower and harder for an outside group to replace a majority of directors quickly—think of it as a rotating schedule for board seats that provides continuity but can also entrench existing leadership.
broker non-votes financial
"We set forth below the results of the stockholder vote for each director nominee ... 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.
independent registered public accounting firm financial
"ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 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.
emerging growth company regulatory
"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.
FAQ
What did Falcon’s Beyond (FBYD) stockholders vote on at the 2026 annual meeting?
Stockholders voted on electing two Class III directors and ratifying KPMG LLP as independent auditor. Both proposals received strong support, confirming the existing board composition and the company’s choice of auditor for the fiscal year ending December 31, 2026.
Who was elected to Falcon’s Beyond (FBYD) board as Class III directors?
Gino P. Lucadamo and Cecil D. Magpuri were elected as Class III directors. They will serve until the 2029 annual meeting of stockholders and until their successors are duly elected and qualified, maintaining continuity in the company’s board leadership structure.
How many votes supported Falcon’s Beyond (FBYD) director nominees?
Gino P. Lucadamo received 95,031,517 votes cast for and 438,793 votes withheld, with 6,504,893 broker non-votes. Cecil D. Magpuri received 95,465,249 votes cast for, 5,051 votes withheld, and 6,504,893 broker non-votes at the 2026 annual meeting.
Did Falcon’s Beyond (FBYD) stockholders ratify KPMG as auditor for 2026?
Yes. Stockholders ratified KPMG LLP as independent registered public accounting firm for the year ending December 31, 2026, with 101,966,335 votes cast for, 8,861 votes cast against, and 7 abstentions, indicating very strong support for the auditor appointment.
What are broker non-votes in the Falcon’s Beyond (FBYD) 2026 meeting results?
Broker non-votes are shares held by brokers that were not voted on a particular proposal. For each director nominee, Falcon’s Beyond reported 6,504,893 broker non-votes, which are counted for quorum purposes but not as votes for or against the director elections.