Strong backing as Liquidia (NASDAQ: LQDA) holders approve board, auditor and pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Liquidia Corporation reported results from its annual stockholders meeting. Shareholders elected three Class II directors to serve until the 2029 annual meeting, with David Johnson receiving 44,874,399 votes for, 58,179 withheld, and 22,546,609 broker non-votes.
Stockholders also ratified PricewaterhouseCoopers LLP as independent registered public accounting firm for the year ending December 31, 2026, with 67,279,878 votes for, 183,739 against, and 15,570 abstentions. In a non-binding advisory vote, shareholders approved compensation for the named executive officers with 44,270,299 votes for, 612,749 against, 49,530 abstentions, and 22,546,609 broker non-votes. A quorum was present, with 67,479,187 of 88,893,621 eligible shares represented.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.07, 9.01
2 items
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.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Shares outstanding: 88,893,621 shares
Shares represented: 67,479,187 shares
Votes for David Johnson: 44,874,399 votes
+4 more
7 metrics
Shares outstanding
88,893,621 shares
Common stock entitled to vote as of April 20, 2026
Shares represented
67,479,187 shares
Shares present virtually or by proxy, constituting a quorum
Votes for David Johnson
44,874,399 votes
Election of Class II director
Auditor ratification support
67,279,878 votes for
Ratification of PricewaterhouseCoopers LLP for 2026
Say-on-pay support
44,270,299 votes for
Non-binding advisory vote on NEO compensation
Broker non-votes on directors
22,546,609 votes
Broker non-votes for each Class II director election
Votes against auditor
183,739 votes
Opposing ratification of PricewaterhouseCoopers LLP
Key Terms
non-binding advisory vote, independent registered public accounting firm, broker non-votes, quorum, +1 more
5 terms
non-binding advisory vote financial
"The approval, by non-binding advisory vote, of the compensation of the Company’s named executive officers"
A non-binding advisory vote is a shareholder vote that expresses investors’ opinion on a proposal (such as executive pay, corporate policy, or governance practices) but does not legally force the company to act. Think of it like a customer survey: it signals whether owners approve or disapprove and can pressure boards and managers to change course, so investors watch the result as an indicator of governance risk and potential future shifts in company strategy or leadership.
independent registered public accounting firm financial
"the 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.
broker non-votes financial
"Katie Rielly-Gauvin ... 3,484,195 ... 22,546,609 broker non- votes"
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.
quorum financial
"67,479,187 shares of common stock were represented virtually or by proxy at the Annual Meeting, constituting a quorum"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
record date financial
"At the close of business on April 20, 2026, the record date for the determination of stockholders entitled to vote"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
FAQ
Were Liquidia (LQDA) director nominees elected at the 2026 annual meeting?
Yes, all three Class II director nominees were elected. For example, David Johnson received 44,874,399 votes for and 58,179 withheld, with 22,546,609 broker non-votes, confirming shareholder support for the existing board slate through the 2029 annual meeting.