Shareholders at Foghorn Therapeutics (NASDAQ: FHTX) approve pay and auditor
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Foghorn Therapeutics Inc. held its 2026 Annual Meeting of Stockholders on June 24, 2026. Stockholders elected three Class III directors—Douglas Cole, M.D., Balkrishan (Simba) Gill, Ph.D., and B. Lynne Parshall—to serve until the 2029 annual meeting. They also ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026. On an advisory basis, stockholders approved the compensation of the company’s named executive officers and supported holding future advisory votes on executive compensation every one year. A total of 58,713,922 shares were entitled to vote, with 51,708,896 shares present or represented by proxy.
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: 58,713,922 shares
Shares present or by proxy: 51,708,896 shares
Votes for Simba Gill: 45,956,872 votes
+3 more
6 metrics
Shares entitled to vote
58,713,922 shares
Common stock entitled to vote at 2026 Annual Meeting
Shares present or by proxy
51,708,896 shares
Common stock present or represented at 2026 Annual Meeting
Votes for Simba Gill
45,956,872 votes
Election as Class III director
Votes for auditor ratification
51,661,238 votes
Ratification of Deloitte & Touche LLP for 2026
Votes for executive pay
45,637,005 votes
Advisory approval of named executive officer compensation
Votes for annual say-on-pay
45,574,407 votes
Preference for one-year frequency on advisory pay votes
Key Terms
Annual Meeting of Stockholders, independent registered public accounting firm, advisory basis, broker non-votes, +1 more
5 terms
Annual Meeting of Stockholders financial
"held its 2026 Annual Meeting of Stockholders (the “Annual Meeting”)."
independent registered public accounting firm financial
"to ratify the selection of Deloitte & Touche LLP as the 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.
advisory basis financial
"To approve, on an advisory basis, the compensation of the Company's named executive officers"
broker non-votes financial
"Votes For | Votes Against | Abstentions | 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.
named executive officers financial
"the compensation of the Company's named executive officers"
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 Foghorn Therapeutics’ director nominees elected at the 2026 annual meeting?
Yes. All three Class III director nominees—Douglas Cole, M.D., Balkrishan (Simba) Gill, Ph.D., and B. Lynne Parshall—were elected to serve until the 2029 annual meeting, receiving substantial votes in favor.
What frequency for say-on-pay votes did Foghorn Therapeutics investors prefer?
Shareholders approved, on an advisory basis, holding future advisory votes on executive compensation every one year, with 45,574,407 votes for one year and smaller totals for two-year, three-year, and abstention options.