Helios Technologies (NYSE: HLIO) shareholders back directors, audit firm and 1M-share equity plan boost
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Helios Technologies, Inc. reported results from its 2026 Annual Meeting of Shareholders. Shareholders approved an amendment and restatement of the 2023 Equity Incentive Plan, increasing the shares of common stock available for awards by 1,000,000 shares.
As of the record date, 33,046,358 shares were outstanding, and 29,462,603 shares were represented in person or by proxy, establishing a quorum. Shareholders elected Laura Dempsey Brown, Cariappa Chenanda and Alexander Schuetz as directors with terms expiring at the 2029 Annual Meeting, and Ian Walsh with a term expiring at the 2027 Annual Meeting.
Shareholders also ratified Grant Thornton LLP as independent registered public accounting firm for the year ending January 2, 2027, approved on a non-binding, advisory basis the compensation of named executive officers, and approved the amended and restated 2023 Equity Incentive Plan, all by substantial majorities.
Positive
- None.
Negative
- None.
8-K Event Classification
3 items: 5.02, 5.07, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
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.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Equity plan share increase: 1,000,000 shares
Shares outstanding on record date: 33,046,358 shares
Shares represented at meeting: 29,462,603 shares
+4 more
7 metrics
Equity plan share increase
1,000,000 shares
Additional common stock available under 2023 Equity Incentive Plan
Shares outstanding on record date
33,046,358 shares
Common stock entitled to vote at 2026 Annual Meeting
Shares represented at meeting
29,462,603 shares
Common stock present in person or by proxy, quorum
Auditor ratification votes for
28,894,546 votes
Grant Thornton LLP ratified for year ending January 2, 2027
Say-on-pay votes for
27,181,272 votes
Advisory approval of named executive officer compensation
Equity plan approval votes for
26,814,607 votes
Approval of amended and restated 2023 Equity Incentive Plan
Director vote – Ian Walsh
26,661,742 votes for
Election as director with term expiring at 2027 Annual Meeting
Key Terms
Equity Incentive Plan, broker non-votes, independent registered public accounting firm, non-binding, advisory basis
4 terms
Equity Incentive Plan financial
"approved the amendment and restatement of the Helios Technologies, Inc. 2023 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
broker non-votes financial
"The votes cast for and withheld were as follows ... 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.
independent registered public accounting firm financial
"ratify the appointment of Grant Thornton LLP as the Company's 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.
non-binding, advisory basis financial
"approve, on a non-binding, advisory basis, the compensation of the Company’s named executive officers"
A non-binding, advisory basis means a recommendation or decision that carries no legal force and does not obligate the parties to act; it’s similar to a friendly suggestion rather than a signed promise. For investors, this matters because such guidance can influence market expectations and management plans but offers no guarantee of follow-through, so investors should treat it as informative input rather than a firm commitment.
FAQ
Which directors were elected at the 2026 Helios Technologies (HLIO) Annual Meeting?
Shareholders elected Laura Dempsey Brown, Cariappa Chenanda and Alexander Schuetz to terms expiring at the 2029 Annual Meeting, and Ian Walsh to a term expiring at the 2027 Annual Meeting. All directors serve until successors are elected and qualified or earlier departure.