First Internet Bancorp (INBK) investors elect board, approve pay and 2026 auditor
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
First Internet Bancorp reported the results of its annual shareholder meeting held on May 18, 2026. Shareholders elected eight directors to one-year terms, with each nominee receiving more votes “for” than “withheld,” and 1,020,891 broker non-votes recorded for each director election.
Shareholders also approved, on an advisory basis, the compensation of the company’s named executive officers, with 5,137,601 votes for, 1,085,864 against, 31,234 abstentions and 1,020,891 broker non-votes. In addition, shareholders ratified the appointment of Forvis Mazars, LLP as independent registered public accounting firm for 2026, receiving 6,977,587 votes for, 229,221 against and 68,782 abstentions.
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
Say-on-pay for votes: 5,137,601 votes
Say-on-pay against votes: 1,085,864 votes
Auditor ratification for votes: 6,977,587 votes
+3 more
6 metrics
Say-on-pay for votes
5,137,601 votes
Advisory approval of executive compensation
Say-on-pay against votes
1,085,864 votes
Advisory approval of executive compensation
Auditor ratification for votes
6,977,587 votes
Ratification of Forvis Mazars, LLP for 2026
Auditor ratification against votes
229,221 votes
Ratification of Forvis Mazars, LLP for 2026
Auditor ratification abstentions
68,782 votes
Ratification of Forvis Mazars, LLP for 2026
Broker non-votes on say-on-pay
1,020,891 votes
Advisory vote on executive compensation
Key Terms
broker non-vote, advisory vote, independent registered public accounting firm, annual meeting of shareholders
4 terms
broker non-vote regulatory
"Broker Non-Vote 5,611,446 643,253 1,020,891"
advisory vote regulatory
"The shareholders approved, on an advisory basis, the compensation"
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 accounting firm regulatory
"serve as the Company’s independent registered public accounting firm for 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.