Kodiak Sciences (NASDAQ: KOD) 2026 meeting approves all proposals
Rhea-AI Filing Summary
Kodiak Sciences Inc. reported results of its 2026 annual meeting of stockholders held on June 2, 2026. Stockholders representing 55,026,544 shares, or 88.53% of the common stock entitled to vote, were present.
Three Class II directors — Charles A. Bancroft, Bassil I. Dahiyat, Ph.D., and Taiyin Yang, Ph.D. — were elected to serve until the 2029 annual meeting or until their successors are elected and qualified. Support ranged from 38,940,529 to 49,192,610 votes "for," with broker non-votes recorded on each item.
Stockholders approved, on an advisory basis, the compensation of the named executive officers, with 49,157,143 votes for, 323,196 against and 21,005 abstentions. They also ratified the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 54,716,676 votes for, 52,962 against and 256,906 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
Shares represented at meeting: 55,026,544 shares
Turnout percentage: 88.53%
Votes for Bancroft: 38,940,529 votes
+4 more
7 metrics
Shares represented at meeting
55,026,544 shares
Proxies present at 2026 annual meeting; 88.53% of shares entitled to vote
Turnout percentage
88.53%
Percentage of total shares entitled to vote at 2026 annual meeting
Votes for Bancroft
38,940,529 votes
For votes for Class II director nominee Charles A. Bancroft
Votes for Dahiyat
48,843,144 votes
For votes for Class II director nominee Bassil I. Dahiyat, Ph.D.
Votes for Yang
49,192,610 votes
For votes for Class II director nominee Taiyin Yang, Ph.D.
Say-on-pay for votes
49,157,143 votes
For votes on advisory approval of named executive officer compensation
Auditor ratification for votes
54,716,676 votes
For votes ratifying PricewaterhouseCoopers LLP for fiscal year ending Dec. 31, 2026
Key Terms
broker non-votes, advisory basis, independent registered public accounting firm, Class II director
4 terms
broker non-votes financial
"Broker Non-Votes 5,525,200"
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 basis financial
"The compensation of the Company’s named executive officers was approved, on an advisory basis, by the stockholders."
independent registered public accounting firm financial
"appointment of PricewaterhouseCoopers 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.
Class II director financial
"The following nominees were each elected as a Class II director to serve until the 2029 annual meeting"
A class II director is a member of a company’s board who belongs to one of several staggered groups of directors, each group standing for election in different years. For investors, this matters because staggered terms slow wholesale board turnover—like rotating members of a neighborhood committee—making sudden changes in control or strategy harder and affecting how quickly shareholders can influence corporate direction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Kodiak Sciences (KOD) stockholders vote on at the 2026 annual meeting?
Kodiak Sciences stockholders voted on electing three Class II directors, approving executive compensation on an advisory basis, and ratifying PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026.
Were all board nominees elected at Kodiak Sciences (KOD) 2026 annual meeting?
Yes. Stockholders elected Charles A. Bancroft, Bassil I. Dahiyat, Ph.D., and Taiyin Yang, Ph.D. as Class II directors to serve until the 2029 annual meeting of stockholders or until their successors are duly elected and qualified, with each nominee receiving a majority of votes cast.
How did Kodiak Sciences (KOD) stockholders vote on executive compensation in 2026?
Stockholders approved the compensation of Kodiak Sciences’ named executive officers on an advisory basis, with 49,157,143 votes for, 323,196 against and 21,005 abstentions, plus 5,525,200 broker non-votes recorded on the proposal at the 2026 annual meeting.
Which audit firm did Kodiak Sciences (KOD) stockholders ratify for fiscal 2026?
Stockholders ratified the appointment of PricewaterhouseCoopers LLP as Kodiak Sciences’ independent registered public accounting firm for the fiscal year ending December 31, 2026, with 54,716,676 votes for, 52,962 against and 256,906 abstentions, and no broker non-votes reported.
How long will the newly elected Kodiak Sciences (KOD) Class II directors serve?
The newly elected Class II directors of Kodiak Sciences will serve until the 2029 annual meeting of stockholders or until their respective successors are duly elected and qualified, in line with the company’s classified board structure and stated director terms.