Gossamer Bio (GOSS) holders re-elect directors and approve say-on-pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Gossamer Bio, Inc. reported the results of its annual stockholder meeting. Stockholders re-elected Class II directors Faheem Hasnain and Russell Cox to three-year terms expiring at the 2029 annual meeting. Hasnain received 92,301,637 votes for and Cox received 88,975,980 votes for, with substantial broker non-votes recorded for each.
Stockholders also ratified the selection of Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 163,185,993 votes for. In an advisory vote, stockholders approved the compensation of the company’s named executive officers, with 111,286,550 votes for and 7,545,502 against.
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 Faheem Hasnain: 92,301,637 votes
Votes for Russell Cox: 88,975,980 votes
Auditor ratification for votes: 163,185,993 votes
+4 more
7 metrics
Votes for Faheem Hasnain
92,301,637 votes
Election as Class II director to 2029 annual meeting
Votes for Russell Cox
88,975,980 votes
Election as Class II director to 2029 annual meeting
Auditor ratification for votes
163,185,993 votes
Ratification of Ernst & Young LLP for fiscal year ending December 31, 2026
Auditor ratification against votes
1,192,448 votes
Ratification of Ernst & Young LLP
Say-on-pay for votes
111,286,550 votes
Advisory approval of named executive officer compensation
Say-on-pay against votes
7,545,502 votes
Advisory approval of named executive officer compensation
Broker non-votes on directors
45,450,098 votes
Each Class II director election
Key Terms
broker non-votes, independent registered public accounting firm, advisory basis, emerging growth company, +1 more
5 terms
broker non-votes financial
"and the number of broker non-votes with respect to each matter, as applicable."
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 financial
"Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year"
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
"The approval, on an advisory basis, of the compensation of the Company's named executive officers."
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.
named executive officers financial
"The approval, on an advisory basis, of 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
Was Gossamer Bio (GOSS) executive compensation approved in the say-on-pay vote?
Yes. On an advisory basis, shareholders approved compensation for the named executive officers with 111,286,550 votes for, 7,545,502 against, and 137,461 abstentions. There were 45,450,098 broker non-votes recorded on this executive compensation proposal.
What were the broker non-vote totals at the Gossamer Bio (GOSS) annual meeting?
Broker non-votes totaled 45,450,098 for the election of each Class II director and for the advisory vote on executive compensation. No broker non-votes were reported on the auditor ratification proposal, which had only for, against, and abstain votes.
Which fiscal year does the Gossamer Bio (GOSS) auditor ratification cover?
The auditor ratification covers the fiscal year ending December 31, 2026. Shareholders approved Ernst & Young LLP as the independent registered public accounting firm for that period, with a large majority of votes cast in favor of the selection.