Five Point Holdings (NYSE: FPH) reports 2026 shareholder vote outcomes
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Five Point Holdings, LLC reported the results of its 2026 annual meeting of shareholders held on June 4, 2026. Shareholders representing 135,862,279 common shares, or 91.5% of shares entitled to vote as of the April 9, 2026 record date, were present in person or by proxy.
All three director nominees—Kathleen Brown, Gary Hunt, and Michael Winer—were elected to serve until the 2029 annual meeting. Shareholders also approved, on a non-binding advisory basis, the compensation of the named executive officers, ratified Deloitte & Touche LLP as independent registered public accountants for the fiscal year ending December 31, 2026, and approved the amendment and restatement of the Five Point Holdings, LLC 2023 Incentive Award Plan.
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
Class A shares outstanding: 72,406,686 shares
Class B shares outstanding: 76,096,410 shares
Total voting power: 148,503,096 votes
+5 more
8 metrics
Class A shares outstanding
72,406,686 shares
Class A common shares outstanding and entitled to vote as of April 9, 2026
Class B shares outstanding
76,096,410 shares
Class B common shares outstanding and entitled to vote as of April 9, 2026
Total voting power
148,503,096 votes
Total votes entitled to vote at the 2026 annual meeting as of record date
Shares represented at meeting
135,862,279 shares
Common shares present in person or by proxy at the annual meeting
Meeting participation rate
91.5%
Percentage of issued and outstanding common shares entitled to vote that were represented
Say-on-pay votes for
118,954,887 votes
Votes cast for approval of named executive officer compensation on a non-binding advisory basis
Auditor ratification votes for
135,790,589 votes
Votes cast for ratifying Deloitte & Touche LLP as independent registered public accountants for 2026
Incentive Plan amendment votes for
120,298,280 votes
Votes cast for amendment and restatement of the 2023 Incentive Award Plan
Key Terms
broker non-votes, non-binding advisory basis, independent registered public accountants, Incentive Award Plan, +1 more
5 terms
broker non-votes financial
"Name | Votes Cast For | Votes Withheld | 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.
non-binding advisory basis financial
"also approved, on a non-binding advisory basis, the compensation paid"
A non-binding advisory basis is guidance or a recommendation offered for informational purposes that does not create legal obligations or guarantees; recipients can accept, modify, or ignore it without contractual consequences. Investors should treat it like a weather forecast for planning—useful for forming expectations and assessing risk, but not a firm promise—so they should verify assumptions, seek confirming information, and avoid relying on it as the sole basis for investment decisions.
independent registered public accountants financial
"ratified the selection of Deloitte & Touche LLP as the Company’s independent registered public accountants"
Independent registered public accountants are external auditing firms licensed to examine a public company’s financial records and issue an objective opinion on whether the financial statements are accurate and follow accounting rules. They matter to investors because their independent check is like a neutral referee confirming the score in a game — it reduces the risk of errors or misleading information and helps investors trust the financial reports used to make decisions.
Incentive Award Plan financial
"approved the amendment and restatement of the Five Point Holdings, LLC 2023 Incentive Award Plan"
An incentive award plan is a formal program that rewards employees, executives, or directors with cash, stock, options, or other pay when the company meets set goals or performance targets. Like a sales commission or a loyalty program that pays out when you hit milestones, it’s designed to align staff behavior with company objectives; investors care because it affects a company’s costs, share count (dilution), leadership incentives, and long-term value creation.
record date financial
"as of April 9, 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.
FAQ
Were Five Point Holdings’ director nominees approved at the 2026 annual meeting?
Yes. All three nominees—Kathleen Brown, Gary Hunt, and Michael Winer—were elected. Each received over 115 million votes cast for, with additional broker non-votes recorded. They will serve until the 2029 annual meeting, or earlier if a standard vacancy event occurs.
What happened to the Five Point Holdings 2023 Incentive Award Plan at the 2026 meeting?
Shareholders approved the amendment and restatement of the Five Point Holdings, LLC 2023 Incentive Award Plan. Voting results were 120,298,280 votes for, 1,253,371 against, 66,361 abstentions, and 14,244,267 broker non-votes, allowing the updated incentive plan terms to take effect.