KORU Medical (NASDAQ: KRMD) backs directors, equity plan and auditor
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
KORU Medical Systems, Inc. reported the results of its 2026 annual shareholder meeting. Shareholders elected all seven director nominees and cast votes on 36,678,784 shares. They approved an amendment to the 2024 Omnibus Equity Incentive Plan to increase available shares and gave advisory approval to executive compensation.
Shareholders also advised holding future say-on-pay votes every one year and ratified Cherry Bekaert LLP as independent registered public accountants for the 2026 fiscal year. Overall, all management proposals received strong support.
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
Total shares voted: 36,678,784 shares
Equity plan amendment votes for: 25,018,973 shares
Say-on-pay votes for: 25,723,379 shares
+2 more
5 metrics
Total shares voted
36,678,784 shares
2026 Annual Meeting of Shareholders
Equity plan amendment votes for
25,018,973 shares
Proposal 2, 2024 Omnibus Equity Incentive Plan amendment
Say-on-pay votes for
25,723,379 shares
Proposal 3, advisory approval of executive compensation
Say-on-pay 1-year frequency support
24,865,692 shares
Proposal 4, preferred frequency of future votes
Auditor ratification votes for
36,500,510 shares
Proposal 5, Cherry Bekaert LLP for 2026 fiscal year
Key Terms
broker non-vote, 2024 Omnibus Equity Incentive Plan, advisory basis, independent registered public accountants
4 terms
broker non-vote financial
"Broker Non-Vote Number of Shares | 10,820,650"
2024 Omnibus Equity Incentive Plan financial
"approved the amendment to the 2024 Omnibus Equity Incentive Plan to increase the available number of shares"
advisory basis financial
"The Company’s shareholders, on an advisory basis, approved the compensation of the Company’s executive officers."
independent registered public accountants financial
"ratified the appointment of Cherry Bekaert LLP as the company’s independent registered public accountants for the 2026 fiscal year."
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.
FAQ
Were all director nominees elected at KORU Medical (KRMD) in 2026?
Yes, all seven director nominees were elected. Each received over 25.2 million votes in favor, with relatively low votes against and small abstentions, alongside 10,820,650 broker non-votes recorded for each director nominee on the ballot.