Generac shareholders approve directors and pay
Generac Holdings Inc. reported the results of its 2026 annual stockholder meeting.
Rhea-AI Filing Summary
Generac Holdings Inc. reported the results of its 2026 annual stockholder meeting. Stockholders elected three directors — Marcia J. Avedon, Bennett J. Morgan, and Dominick P. Zarcone — each to a three-year term, with support levels above 38 million votes for each nominee.
Stockholders also ratified Deloitte & Touche LLP as the independent registered public accounting firm for the year ending December 31, 2026, with 50,925,956 votes for and minimal opposition. In addition, they approved, on an advisory and non-binding basis, the compensation of the Company’s executive officers with 43,841,064 votes in favor.
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 Marcia J. Avedon: 42,473,392 votes
Votes for Bennett J. Morgan: 38,517,771 votes
Votes for Dominick P. Zarcone: 43,058,885 votes
+3 more
6 metrics
Votes for Marcia J. Avedon
42,473,392 votes
Election of director at 2026 annual meeting
Votes for Bennett J. Morgan
38,517,771 votes
Election of director at 2026 annual meeting
Votes for Dominick P. Zarcone
43,058,885 votes
Election of director at 2026 annual meeting
Auditor ratification for votes
50,925,956 votes
Ratification of Deloitte & Touche LLP for 2026
Say-on-pay for votes
43,841,064 votes
Advisory vote on executive compensation
Broker non-votes on director elections
5,404,286 votes
Each director election proposal
Key Terms
broker non-votes, independent registered public accounting firm, advisory, non-binding basis, executive compensation, +1 more
5 terms
broker non-votes financial
"Name | For | Against | Abstain | Broker Non-Votes Marcia J. Avedon | 42,473,392 | 3,741,410 | 69,775 | 5,404,286"
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 regulatory
"ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the 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.
advisory, non-binding basis regulatory
"approved on an advisory, non-binding basis, the compensation of the Company’s executive officers"
executive compensation financial
"Proposal No.3 — Advisory Vote on Executive Compensation"
Payments and benefits given to a company's top leaders — including base salary, cash bonuses, stock awards, options and retirement or perquisites — designed to compensate and motivate them. Investors care because these packages affect a company’s costs, influence executives’ decisions and signal how well management’s interests line up with shareholders’; like a captain’s contract, the structure of pay can encourage safe navigation toward long-term gains or risky short-term moves that hurt returns.
Submission of Matters to a Vote of Security Holders regulatory
"Item 5.07 Submission of Matters to a Vote of Security Holders."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Generac Holdings (GNRC) stockholders vote on at the 2026 annual meeting?
Stockholders voted on electing three directors, ratifying Deloitte & Touche LLP as independent auditor for 2026, and approving, on an advisory non-binding basis, the compensation of executive officers. All three proposals received majority support from voting shares.
Which directors were elected at Generac Holdings (GNRC) 2026 annual meeting?
Marcia J. Avedon, Bennett J. Morgan, and Dominick P. Zarcone were elected to three-year terms. Each nominee received more votes “For” than “Against,” with Avedon receiving 42,473,392 votes for, Morgan 38,517,771, and Zarcone 43,058,885, plus additional broker non-votes recorded.
How did Generac Holdings (GNRC) stockholders vote on the Deloitte & Touche auditor ratification?
Stockholders strongly supported ratifying Deloitte & Touche LLP as independent registered public accounting firm for 2026, with 50,925,956 votes for, 723,483 against, and 39,424 abstentions. There were no broker non-votes recorded on this auditor ratification proposal.
Was Generac Holdings (GNRC) executive compensation approved in the 2026 say-on-pay vote?
Yes. The advisory, non-binding vote on executive compensation received 43,841,064 votes for, 2,373,481 against, and 70,032 abstentions, with 5,404,286 broker non-votes. This outcome indicates stockholder approval of the company’s disclosed executive pay program for that period.
What are broker non-votes in Generac Holdings (GNRC) 2026 meeting results?
Broker non-votes are shares held in street name where brokers did not receive specific voting instructions from beneficial owners on certain proposals. For the director elections and say-on-pay proposal, Generac reported 5,404,286 broker non-votes in each case, affecting quorum but not counted against proposals.
Who signed the Generac Holdings (GNRC) Form 8-K reporting the 2026 vote results?
The report was signed on behalf of Generac Holdings Inc. by Raj Kanuru, who is listed as Executive Vice President, General Counsel & Secretary. The signature confirms the company’s authorization of the disclosed 2026 annual meeting voting results.
AI-generated analysis. How Rhea-AI works. Not financial advice.
