Host Hotels (NASDAQ: HST) investors back board, KPMG and pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Host Hotels & Resorts, Inc. reported results from its annual stockholder meeting held on May 20, 2026. Stockholders elected nine directors to one-year terms, with each nominee receiving substantial support. They also ratified the appointment of KPMG LLP as independent registered public accountants for 2026, with 602,833,025 votes cast in favor.
In addition, stockholders approved the company’s executive compensation in a non-binding advisory vote. The proposal received 556,327,681 votes for, 40,332,115 against, and 6,429,888 abstentions, which the company states represented approximately 93% of votes cast 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
KPMG ratification votes for: 602,833,025 votes
KPMG ratification votes against: 30,935,290 votes
Executive compensation votes for: 556,327,681 votes
+4 more
7 metrics
KPMG ratification votes for
602,833,025 votes
Ratification of KPMG LLP as 2026 independent registered public accountants
KPMG ratification votes against
30,935,290 votes
Ratification of KPMG LLP as 2026 independent registered public accountants
Executive compensation votes for
556,327,681 votes
Advisory say-on-pay vote, approximately 93% of votes cast in favor
Executive compensation votes against
40,332,115 votes
Advisory say-on-pay vote
Executive compensation abstentions
6,429,888 votes
Advisory say-on-pay vote
Director Risoleo votes for
588,080,955 votes
Election of director James F. Risoleo
Broker non-votes on say-on-pay
32,199,075 votes
Advisory vote on executive compensation
Key Terms
broker non-votes, advisory vote, independent registered public accountants, emerging growth company, +1 more
5 terms
broker non-votes financial
"FOR | AGAINST | ABSTENTIONS | BROKER NON-VOTES 556,327,681 | 40,332,115 | 6,429,888 | 32,199,075"
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 vote financial
"an advisory vote to approve executive compensation. Final voting results are set forth below."
An advisory vote is a shareholder poll that expresses investors’ approval or concern about a company’s policy, executive pay, board decisions or other governance matters but does not legally force the company to act. Think of it like a customer survey: it signals investor sentiment and can pressure management to change course, so investors watch the result as a guide to future governance, risk and potential shifts in strategy.
independent registered public accountants financial
"the ratification of the appointment of KPMG LLP as the Company’s independent registered public accountants for 2026"
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.
emerging growth company regulatory
"Emerging growth company o o Item 5.07. Submission of Matters to a Vote of Security Holders."
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.
Submission of Matters to a Vote of Security Holders regulatory
"Item 5.07. Submission of Matters to a Vote of Security Holders."
FAQ
What did Host Hotels (HST) stockholders approve at the 2026 annual meeting?
Host Hotels stockholders elected nine directors, ratified KPMG LLP as 2026 independent auditors, and approved executive compensation. All three proposals received strong support, including a say-on-pay advisory vote with approximately 93% of votes cast in favor.
Were all director nominees elected at Host Hotels’ 2026 annual meeting?
Yes, all nine director nominees were elected to one-year terms expiring at the 2027 annual meeting. Each nominee, including James F. Risoleo and A. William Stein, received a majority of votes cast in favor, with additional broker non-votes recorded.
Did Host Hotels (HST) stockholders ratify KPMG LLP as auditors for 2026?
Yes, stockholders ratified KPMG LLP as Host Hotels’ independent registered public accountants for 2026. The ratification received 602,833,025 votes for, 30,935,290 against, 1,520,444 abstentions, and no broker non-votes, confirming continued support for KPMG as auditor.
How did Host Hotels stockholders vote on executive compensation in 2026?
Stockholders approved Host Hotels’ executive compensation in a non-binding advisory vote. The proposal received 556,327,681 votes for, 40,332,115 against, and 6,429,888 abstentions, which the company states represented approximately 93% of the votes cast in favor overall.
What are broker non-votes in Host Hotels’ 2026 voting results?
Broker non-votes occur when brokers do not have discretionary authority to vote on certain proposals without specific client instructions. In Host Hotels’ 2026 meeting, broker non-votes totaled 32,199,075 for director elections and the advisory say-on-pay proposal, but none for auditor ratification.
How many votes supported Host Hotels’ director James F. Risoleo in 2026?
James F. Risoleo received 588,080,955 votes for, 7,624,598 against, and 7,384,131 abstentions, plus 32,199,075 broker non-votes. These results show strong stockholder support for his election to the board for a term expiring at the 2027 annual meeting.