General Dynamics (GD) investors reelect full board and back KPMG, executive pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
General Dynamics Corporation reported the results of its 2026 annual meeting of shareholders. In an uncontested election, all 12 director nominees, including Phebe N. Novakovic and Richard D. Clarke, were elected with strong majorities of votes cast, alongside substantial broker non-votes.
Shareholders approved, on an advisory basis, the selection of KPMG LLP as independent auditor for 2026, with 229,881,861 votes for and 8,152,577 against. They also approved, on an advisory basis, the executive compensation program, with 206,325,467 votes for, 4,838,656 against and 873,171 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 KPMG as auditor: 229,881,861 votes
Votes against KPMG as auditor: 8,152,577 votes
Votes for executive compensation: 206,325,467 votes
+3 more
6 metrics
Votes for KPMG as auditor
229,881,861 votes
Advisory approval of KPMG as independent auditor for 2026
Votes against KPMG as auditor
8,152,577 votes
Advisory approval of KPMG as independent auditor for 2026
Votes for executive compensation
206,325,467 votes
Advisory vote to approve named executive officer compensation
Votes against executive compensation
4,838,656 votes
Advisory vote to approve named executive officer compensation
Example director support - Phebe N. Novakovic
206,980,293 for / 4,919,764 against
Election to Board of Directors in uncontested 2026 vote
Broker non-votes on governance items
26,186,524 votes
Recorded for each director and say-on-pay proposal
Key Terms
broker non-votes, advisory basis, independent auditor, named executive officers, +1 more
5 terms
broker non-votes financial
"For | Against | Abstain | Broker Non-Votes Advisory Vote to Approve Executive Compensation"
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.
advisory basis financial
"Shareholders approved, on an advisory basis, the selection of KPMG LLP"
independent auditor financial
"selection of KPMG LLP as the Company’s independent auditor for 2026"
An independent auditor is an outside, qualified accounting professional or firm that examines a company's financial records and controls to determine whether its financial statements are accurate and prepared according to accepted accounting rules. Like a neutral referee or home inspector, the auditor issues a report that gives investors confidence (or raises red flags) about the reliability of the numbers, which affects assessments of risk, valuation and investment decisions.
named executive officers financial
"the compensation paid to 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.
Compensation Discussion and Analysis financial
"including the Compensation Discussion and Analysis, compensation tables, accompanying footnotes"
FAQ
Were all General Dynamics (GD) director nominees elected in 2026?
Yes, all 12 director nominees were elected in an uncontested election. Each nominee, including Phebe N. Novakovic and Richard D. Clarke, received more votes “For” than “Against,” with additional broker non-votes recorded for each board candidate.
What are broker non-votes in the General Dynamics (GD) 2026 meeting results?
Broker non-votes occur when brokers hold shares but are not instructed how to vote on certain proposals. For General Dynamics’ director and executive compensation proposals, 26,186,524 broker non-votes were recorded, while the auditor ratification proposal reported no broker non-votes.
