Pulmonx (NASDAQ: LUNG) investors back board, auditor and executive pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Pulmonx Corporation reported the results of its 2026 annual meeting of stockholders. A total of 32,645,270 shares were present or represented by proxy, representing approximately 77.29% of the 42,237,203 shares outstanding and entitled to vote as of April 7, 2026.
Stockholders elected three Class III directors — Thomas W. Burns, Georgia Garinois-Melenikiotou, and Dana G. Mead, Jr. — to serve until the 2029 annual meeting and until their successors are elected and qualified.
Stockholders also ratified the appointment of BDO USA, P.C. as independent registered public accounting firm for the year ending December 31, 2026, and approved, on a non-binding advisory basis, the company’s executive compensation as described in the proxy statement.
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 outstanding entitled to vote: 42,237,203 shares
Shares present or by proxy: 32,645,270 shares
Director vote – Thomas W. Burns: 19,751,638 for; 1,063,272 withheld
+4 more
7 metrics
Shares outstanding entitled to vote
42,237,203 shares
As of record date April 7, 2026
Shares present or by proxy
32,645,270 shares
2026 annual meeting; about 77.29% of eligible shares
Director vote – Thomas W. Burns
19,751,638 for; 1,063,272 withheld
Class III director election; 11,830,360 broker non-votes
Director vote – Georgia Garinois-Melenikiotou
17,680,826 for; 3,134,084 withheld
Class III director election; 11,830,360 broker non-votes
Director vote – Dana G. Mead, Jr.
19,853,196 for; 961,714 withheld
Class III director election; 11,830,360 broker non-votes
Auditor ratification vote
31,458,698 for; 97,509 against; 1,089,063 abstain
BDO USA, P.C. for fiscal year ending December 31, 2026
Say-on-pay vote
17,196,362 for; 3,485,784 against; 132,764 abstain
Non-binding advisory approval of executive compensation; 11,830,360 broker non-votes
Key Terms
broker non-votes, independent registered public accounting firm, non-binding advisory, Annual Meeting of Stockholders
4 terms
broker non-votes financial
"For | Withheld | Broker Non-Votes Thomas W. Burns | 19,751,638 | 1,063,272 | 11,830,360"
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.
independent registered public accounting firm financial
"ratified the appointment of BDO USA, P.C. 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.
non-binding advisory financial
"approved, on a non-binding advisory basis, the Company’s executive compensation"
A non-binding advisory is a formal recommendation or vote that expresses shareholder or stakeholder opinion but does not create a legal obligation for a company to act. It matters to investors because it signals how influential groups view management decisions or policies; markets often react to that signal as if it were binding, even though the company can ignore it. Think of it like a public opinion poll that can pressure leaders but cannot force a change.
Annual Meeting of Stockholders financial
"held its 2026 Annual Meeting of Stockholders (the “Annual Meeting”)"
FAQ
What did Pulmonx (LUNG) stockholders vote on at the 2026 annual meeting?
Pulmonx stockholders voted on electing three Class III directors, ratifying BDO USA, P.C. as independent auditor for 2026, and approving executive compensation on a non-binding advisory basis. All three proposals received sufficient support to pass.
Which directors were elected at Pulmonx (LUNG)’s 2026 annual meeting?
Stockholders elected Thomas W. Burns, Georgia Garinois-Melenikiotou, and Dana G. Mead, Jr. as Class III directors. Each will serve until Pulmonx’s 2029 annual meeting of stockholders and until a successor has been elected and qualified, based on majority support.
Did Pulmonx (LUNG) stockholders approve the company’s executive compensation?
Yes. Stockholders approved Pulmonx’s executive compensation on a non-binding advisory basis, with 17,196,362 votes for, 3,485,784 against, and 132,764 abstentions, along with 11,830,360 broker non-votes, as disclosed in the annual meeting voting results.
Was Pulmonx (LUNG)’s auditor for 2026 ratified by stockholders?
Yes. Stockholders ratified BDO USA, P.C. as Pulmonx’s independent registered public accounting firm for the year ending December 31, 2026, with 31,458,698 votes for, 97,509 against, and 1,089,063 abstentions. There were no broker non-votes on this proposal.