Femasys (FEMY) investors back directors and KPMG auditor at 2026 meeting
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Femasys Inc. held its Annual Meeting of Stockholders, where holders of 1,487,447 shares of common stock, representing approximately 49.26% of shares eligible to vote, were present in person virtually or by proxy. All vote totals were adjusted for the 1-for-20 reverse stock split effective June 5, 2026.
Stockholders elected Charles Larsen and Kenneth Eichenbaum as Class II directors for three-year terms ending at the 2029 annual meeting, each receiving substantially more votes for than against. Stockholders also ratified the appointment of KPMG LLP as the independent registered accounting firm for the fiscal year ending December 31, 2026 by a wide margin.
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 represented at meeting: 1,487,447 shares
Participation rate: 49.26% of eligible shares
Reverse stock split ratio: 1-for-20
+4 more
7 metrics
Shares represented at meeting
1,487,447 shares
Present in person virtually or by proxy at Annual Meeting
Participation rate
49.26% of eligible shares
Shares eligible to be voted at Annual Meeting
Reverse stock split ratio
1-for-20
Effective June 5, 2026; voting totals adjusted accordingly
Votes for Charles Larsen
335,860 votes for
Election as Class II director at Annual Meeting
Votes for Kenneth Eichenbaum
345,194 votes for
Election as Class II director at Annual Meeting
Votes for KPMG LLP
1,458,536 votes for
Ratification as independent registered accounting firm for 2026
Votes against KPMG LLP
28,911 votes against
Ratification of 2026 independent registered accounting firm
Key Terms
reverse stock split, broker non-votes, independent registered accounting firm, emerging growth company, +1 more
5 terms
reverse stock split financial
"All vote totals set forth below have been adjusted to reflect the Company’s 1-for-20 reverse stock split effected on June 5, 2026."
A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.
broker non-votes financial
"Charles Larsen | 335,860 | 23,988 | 16,345 | 1,111,254 | 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 accounting firm financial
"The Company’s stockholders ratified the appointment of KPMG LLP as the Company’s independent registered accounting firm for the fiscal year ending December 31, 2026"
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.
Annual Meeting of Stockholders financial
"The Annual Meeting of Stockholders of Femasys Inc. (the “Company”) was held on June 24, 2026"
FAQ
What did Femasys Inc. (FEMY) stockholders vote on at the 2026 annual meeting?
Stockholders elected two Class II directors and ratified KPMG LLP as independent auditor for 2026. Both director nominees and the auditor ratification received strong support based on votes cast at the meeting.
Who was elected to the Femasys Inc. (FEMY) board as Class II directors in 2026?
Charles Larsen and Kenneth Eichenbaum were elected as Class II directors. They will serve three-year terms ending at the 2029 annual meeting, or until a successor is elected and qualified or earlier resignation or removal.
Which auditing firm did Femasys (FEMY) stockholders ratify for fiscal 2026?
Stockholders ratified KPMG LLP as the independent registered accounting firm for the fiscal year ending December 31, 2026. The ratification received substantially more votes for than against, with only a small number of abstentions recorded.
How did the 1-for-20 reverse stock split affect Femasys (FEMY) voting results?
All vote totals reported from the annual meeting were adjusted to reflect the 1-for-20 reverse stock split effective June 5, 2026. This ensures consistency between reported vote counts and the company’s post-split share structure.