Havertys (NYSE: HVT) investors approve directors, pay plan and auditors
Rhea-AI Filing Summary
Haverty Furniture Companies, Inc. reported the results of its annual stockholders meeting held on May 11, 2026. Both Class A common stock and common stock reached high participation levels, with about 87.94% of eligible Class A shares and 90.64% of eligible common shares represented.
All director nominees for both share classes were elected for one-year terms. Stockholders approved, on an advisory basis, the compensation of the named executive officers, and also approved the 2026 Long-Term Incentive Plan. They further ratified the appointment of Grant Thornton LLP as independent auditors for the fiscal year ending December 31, 2026.
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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
Class A shares represented: 1,064,151 shares
Common shares represented: 13,575,468 shares
Say-on-pay votes for: 22,822,106 votes
+3 more
6 metrics
Class A shares represented
1,064,151 shares
Approximately 87.94% of eligible Class A common stock at May 11, 2026 meeting
Common shares represented
13,575,468 shares
Approximately 90.64% of eligible common stock at May 11, 2026 meeting
Say-on-pay votes for
22,822,106 votes
Advisory vote on executive compensation at 2026 annual meeting
Say-on-pay votes against
107,626 votes
Advisory vote on executive compensation at 2026 annual meeting
LTIP 2026 votes for
21,845,047 votes
Approval of 2026 Long-Term Incentive Plan
Auditor ratification votes for
24,177,826 votes
Ratification of Grant Thornton LLP for fiscal year ending December 31, 2026
Key Terms
Class A common stock, advisory vote on executive compensation, 2026 Long-Term Incentive Plan, independent registered public accounting firm, +1 more
5 terms
Class A common stock financial
"In the election of directors, the holders of shares of Class A common stock and common stock vote as separate classes"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
advisory vote on executive compensation financial
"The stockholders approved the following resolution regarding executive compensation."
A non-binding shareholder vote allowing investors to approve or reject the pay packages and compensation policies for a company’s top executives. It matters because the outcome tells the board whether owners are satisfied with executive pay and can prompt changes in policy or leadership much like a customer survey prompts a company to adjust its product — signaled approval can support management credibility, while rejection may increase scrutiny and affect investor confidence.
2026 Long-Term Incentive Plan financial
"The stockholders approved the 2026 Long-Term Incentive Plan."
independent registered public accounting firm financial
"The stockholders ratified the selection of Grant Thornton LLP as our independent auditors"
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.
broker non-vote financial
"The voting results were as follows Broker ------ | For | Against | Abstain | Non-Vote"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Haverty Furniture (HVT) stockholders vote on at the 2026 annual meeting?
Stockholders voted on director elections, an advisory resolution on executive compensation, approval of the 2026 Long-Term Incentive Plan, and ratification of Grant Thornton LLP as independent auditors. Each proposal received sufficient support to be approved at the May 11, 2026 meeting.
Were Haverty Furniture (HVT) director nominees elected at the 2026 annual meeting?
Yes. Holders of Class A common stock elected eight director nominees, and holders of common stock elected three nominees, each to serve one-year terms. Voting for each nominee showed strong support relative to withheld and broker non-vote counts disclosed in the results.
How did Haverty Furniture (HVT) stockholders vote on executive compensation in 2026?
Stockholders approved, on an advisory basis, the compensation of named executive officers. The resolution received 22,822,106 votes for, 107,626 against, and 26,935 abstentions, with 1,260,320 broker non-votes, indicating broad support for the compensation program described in the proxy statement.
What was the result of Haverty Furniture’s 2026 Long-Term Incentive Plan vote?
Stockholders approved the 2026 Long-Term Incentive Plan. Voting results were 21,845,047 shares for, 1,086,203 against, and 25,417 abstentions, with 1,260,320 broker non-votes. This authorization supports the company’s ability to grant long-term equity-based awards to eligible participants.
Did Haverty Furniture (HVT) ratify its independent auditors for fiscal 2026?
Yes. Stockholders ratified the selection of Grant Thornton LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026. The proposal received 24,177,826 votes for, 21,162 against, and 17,999 abstentions, with no reported broker non-votes.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________________
FORM 8-K
___________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported)
___________________________________
(Exact name of registrant as specified in its charter)
___________________________________
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification Number) | ||||||
(Address of principal executive offices and zip code) | ||||||||
( | ||||||||
(Registrant's telephone number, including area code) | ||||||||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act: | ||||||||
Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Exchange Act.
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.
Item 5.07 Submission of Matters to a Vote of Security Holders.
(a) On May 11, 2026, Haverty Furniture Companies, Inc. (the “Company”) held its Annual Meeting of Stockholders. In the election of directors, the holders of shares of Class A common stock and common stock vote as separate classes in accordance with the Company's Charter. For all other matters, the holders of shares of common stock and Class A common stock vote together as a single class and holders of common stock are entitled to one vote for each share of stock and holders of Class A common stock are entitled to ten votes for each share of stock. At the meeting of stockholders, a plurality of votes is required in the election of each class of directors and for all other matters approval requires an affirmative vote of a combined majority of the votes cast.
(b) Represented at the meeting in person or by proxy were 1,064,151 shares of Class A common stock, or approximately 87.94% of eligible Class A common stock, and 13,575,468 shares of common stock, or approximately 90.64% of eligible common stock shares.
The final voting results for each proposal, each of which is described in greater detail in the Company’s Definitive Proxy Statement filed with the Securities and Exchange Commission on March 27, 2026, follow below:
Proposal 1: Election of Directors
Class A Common Stock - The holders of Class A common stock elected all eight director nominees at the annual meeting to serve a one-year term. The voting results were as follows:
Broker | ||||||||||||||||||||
Nominee | For | Withheld | Non-Vote | |||||||||||||||||
Steven G. Burdette | 1,041,137 | 0 | 23,014 | |||||||||||||||||
L. Allison Dukes | 993,410 | 47,727 | 23,014 | |||||||||||||||||
Rawson Haverty Jr. | 1,041,137 | 0 | 23,014 | |||||||||||||||||
Natalie B. Morhous | 1,001,950 | 39,187 | 23,014 | |||||||||||||||||
Vicki R. Palmer | 1,040,953 | 184 | 23,014 | |||||||||||||||||
Derek G. Schiller | 1,001,950 | 39,187 | 23,014 | |||||||||||||||||
E. Kendrick Smith | 1,040,836 | 301 | 23,014 | |||||||||||||||||
Al Trujillo | 1,001,766 | 39,371 | 23,014 | |||||||||||||||||
Common Stock - The holders of common stock elected all three director nominees at the annual meeting to serve a one-year term. The voting results were as follows:
Broker | |||||||||||||||||||||||
Nominee | For | Withheld | Non-Vote | ||||||||||||||||||||
Michael R. Cote | 12,357,257 | 188,039 | 1,030,172 | ||||||||||||||||||||
G. Thomas Hough | 7,818,238 | 4,727,058 | 1,030,172 | ||||||||||||||||||||
Clarence H. Smith | 11,903,709 | 641,587 | 1,030,172 | ||||||||||||||||||||
Proposal 2: Advisory Vote on Executive Compensation
The stockholders approved the following resolution regarding executive compensation.
“RESOLVED, that the stockholders approve, on an advisory basis, the compensation of the Company’s
named executive officers as disclosed in the Compensation Discussion and Analysis, the accompanying
compensation tables, and the related narrative disclosure in the Company’s Proxy Statement for the
2026 Annual Meeting of Stockholders.”
The voting results were as follows:
Broker | ||||||||||||||||||||||||||
For | Against | Abstain | Non-Vote | |||||||||||||||||||||||
Advisory Vote on Executive Compensation | 22,822,106 | 107,626 | 26,935 | 1,260,320 | ||||||||||||||||||||||
Proposal 3: Approval of the 2026 Long-Term Incentive Plan
The stockholders approved the 2026 Long-Term Incentive Plan. The voting results were as follows:
Broker | ||||||||||||||||||||||||||
For | Against | Abstain | Non-Vote | |||||||||||||||||||||||
2026 Long-Term Incentive Plan | 21,845,047 | 1,086,203 | 25,417 | 1,260,320 | ||||||||||||||||||||||
Proposal 4: Ratification of the Appointment of our Independent Registered Public Accounting Firm
The stockholders ratified the selection of Grant Thornton LLP as our independent auditors for the fiscal year ending December 31, 2026. The voting results were as follows:
Broker | ||||||||||||||||||||||||||
For | Against | Abstain | Non-Vote | |||||||||||||||||||||||
Ratification of Grant Thornton LLP | 24,177,826 | 21,162 | 17,999 | 0 | ||||||||||||||||||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized on this 14th day of May, 2026.
HAVERTY FURNITURE COMPANIES, INC. | |||||
By: | /s/ Brendan P. McGill | ||||
Name: | Brendan P. McGill | ||||
Title: | Senior Vice President, General Counsel and Corporate Secretary | ||||