Monarch Casino 2026 shareholder votes and director results
Monarch Casino & Resort, Inc. reported results of its Annual Meeting of Stockholders held on May 27, 2026.
Rhea-AI Filing Summary
Monarch Casino & Resort, Inc. reported results of its Annual Meeting of Stockholders held on May 27, 2026. A total of 15,683,618 shares, representing 88.4% of shares outstanding as of the record date, were present or represented by proxy, indicating strong participation.
Stockholders elected John Farahi, Craig F. Sullivan and Paul Andrews to serve as directors until the 2028 annual meeting, and elected Hope S. Taitz to serve until the 2027 annual meeting. Stockholders also approved, on a non-binding advisory basis, the executive compensation of the company’s named executive officers as disclosed in its 2026 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 represented: 15,683,618 shares
Participation rate: 88.4%
Say-on-pay votes for: 13,721,113 votes
+5 more
8 metrics
Shares represented
15,683,618 shares
Present or by proxy at May 27, 2026 annual meeting
Participation rate
88.4%
Portion of shares outstanding as of record date represented
Say-on-pay votes for
13,721,113 votes
Non-binding advisory approval of executive compensation
Say-on-pay votes against
296,151 votes
Non-binding advisory approval of executive compensation
Votes for John Farahi
13,238,531 votes
Director election at 2026 annual meeting
Votes for Craig F. Sullivan
10,584,198 votes
Director election at 2026 annual meeting
Votes for Paul Andrews
15,354,829 votes
Director election at 2026 annual meeting
Votes for Hope S. Taitz
15,648,871 votes
Director election at 2026 annual meeting
Key Terms
Annual Meeting of Stockholders, non-binding advisory basis, named executive officers, Broker Non-Vote
4 terms
Annual Meeting of Stockholders financial
"On May 27, 2026, Monarch Casino & Resort, Inc. held its Annual Meeting of Stockholders"
non-binding advisory basis financial
"Stockholders approved, on a non-binding advisory basis, the executive compensation"
A non-binding advisory basis is guidance or a recommendation offered for informational purposes that does not create legal obligations or guarantees; recipients can accept, modify, or ignore it without contractual consequences. Investors should treat it like a weather forecast for planning—useful for forming expectations and assessing risk, but not a firm promise—so they should verify assumptions, seek confirming information, and avoid relying on it as the sole basis for investment decisions.
named executive officers financial
"executive compensation as disclosed in the 2026 proxy statement of the Company's named executive officers"
Named executive officers are the senior company leaders whose names, roles and compensation are singled out in required regulatory filings; this typically includes the chief executive, chief financial officer and the next highest‑paid senior officers. Investors treat this list like a team roster — it shows who makes key decisions, how they are paid and whether incentives align with shareholder interests, so changes or pay patterns can signal governance quality, risk or strategic shifts.
Broker Non-Vote financial
"Director Nominee | For | Against | Abstain | Broker Non-Vote"
A broker non-vote happens when a brokerage firm holds shares in street name for a client but does not cast a ballot on a particular shareholder item because the broker lacks discretionary authority to vote that matter. Think of it like a person who owns a ticket but the ticket-holder refuses to vote on some issues; the share counts for ownership but not for that vote, which can affect whether proposals reach the required number of votes or a quorum.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Monarch Casino & Resort (MCRI) stockholders vote on at the 2026 annual meeting?
Stockholders elected four directors and approved executive compensation on a non-binding advisory basis. John Farahi, Craig F. Sullivan and Paul Andrews were elected through the 2028 meeting, while Hope S. Taitz was elected through the 2027 meeting, with say-on-pay also passing.
Which directors were elected at Monarch Casino & Resort’s 2026 annual meeting?
Stockholders elected John Farahi, Craig F. Sullivan and Paul Andrews to serve as directors until the 2028 annual meeting. They also elected Hope S. Taitz to serve until the 2027 annual meeting, with each director continuing until a successor is elected and qualified.
How did Monarch Casino & Resort (MCRI) stockholders vote on executive compensation in 2026?
Stockholders approved the company’s executive compensation on a non-binding advisory basis. The say-on-pay resolution received 13,721,113 votes for, 296,151 against and 1,666,354 abstentions, with no broker non-votes reported on this proposal according to the 8-K disclosure.
What were the vote totals for Monarch director nominee John Farahi in 2026?
John Farahi received 13,238,531 votes for, 2,442,943 votes against and 3,144 abstentions, with no broker non-votes. These results show that stockholders provided sufficient support for his election to Monarch Casino & Resort’s board of directors through the 2028 annual meeting.
Did any proposal fail at Monarch Casino & Resort’s 2026 annual meeting?
No proposals failed at the 2026 annual meeting. All four director nominees—John Farahi, Craig F. Sullivan, Paul Andrews and Hope S. Taitz—were elected, and the non-binding advisory vote approving named executive officer compensation also received stockholder approval based on the reported vote counts.
AI-generated analysis. How Rhea-AI works. Not financial advice.
