Nkarta (NKTX) investors approve directors, auditor and annual say-on-pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Nkarta, Inc. held its 2026 annual meeting of stockholders on June 10, 2026. Stockholders elected Class III directors Ali Behbahani and Zachary Scheiner to terms running until the 2029 annual meeting. They also ratified Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2026.
Stockholders approved, on a non-binding advisory basis, the compensation paid to the company’s named executive officers and voted on how often to hold future say-on-pay votes. Based on the vote, the company will hold advisory executive compensation votes every year until the next required frequency vote.
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
Votes for Behbahani: 32,285,680 votes
Votes for Scheiner: 37,313,469 votes
Auditor ratification for: 53,684,352 votes
+4 more
7 metrics
Votes for Behbahani
32,285,680 votes
Election of Ali Behbahani as Class III director
Votes for Scheiner
37,313,469 votes
Election of Zachary Scheiner as Class III director
Auditor ratification for
53,684,352 votes
Ratification of Ernst & Young LLP for year ending December 31, 2026
Say-on-pay for
43,493,065 votes
Advisory approval of named executive officer compensation
Say-on-pay against
3,313,424 votes
Advisory approval of named executive officer compensation
Annual frequency support
34,447,256 votes
Preference for 1-year frequency of advisory say-on-pay votes
Three-year frequency support
4,565,940 votes
Preference for 3-year frequency of advisory say-on-pay votes
Key Terms
broker non-votes, independent registered public accounting firm, non-binding, advisory basis, advisory votes on executive compensation, +1 more
5 terms
broker non-votes financial
"For | Against | Abstain | Broker Non-Votes | --------------------------------------------- 53,684,352 | 76,073 | 19,780 | — |"
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 Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026."
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 basis financial
"The stockholders approved, on a non- binding, advisory basis, the compensation paid to the Company’s named executive officers."
A non-binding, advisory basis means a recommendation or decision that carries no legal force and does not obligate the parties to act; it’s similar to a friendly suggestion rather than a signed promise. For investors, this matters because such guidance can influence market expectations and management plans but offers no guarantee of follow-through, so investors should treat it as informative input rather than a firm commitment.
advisory votes on executive compensation financial
"the frequency of future advisory votes on the compensation paid to the Company’s named executive officers."
emerging growth company regulatory
"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What matters did Nkarta (NKTX) stockholders vote on at the 2026 annual meeting?
Stockholders voted on electing two Class III directors, ratifying Ernst & Young LLP as independent auditor for 2026, approving executive compensation on an advisory basis, and choosing how frequently to hold future advisory votes on executive pay.
Which directors were elected at Nkarta (NKTX)’s 2026 annual meeting and how long will they serve?
Stockholders elected Ali Behbahani, M.D., M.B.A., and Zachary Scheiner, Ph.D., as Class III directors. They will serve until Nkarta’s 2029 annual meeting of stockholders and until their respective successors are duly elected and qualified.
Did Nkarta (NKTX) stockholders approve the company’s executive compensation at the 2026 meeting?
Yes. On a non-binding, advisory basis, stockholders approved compensation for Nkarta’s named executive officers, with 43,493,065 votes for, 3,313,424 against, 38,722 abstentions, and 6,934,994 broker non-votes recorded in the advisory say-on-pay proposal.
What auditor did Nkarta (NKTX) stockholders ratify for the year ending December 31, 2026?
Stockholders ratified Ernst & Young LLP as Nkarta’s independent registered public accounting firm for the year ending December 31, 2026, with 53,684,352 votes for, 76,073 against, 19,780 abstentions, and no broker non-votes reported.
How often will Nkarta (NKTX) hold advisory votes on executive compensation going forward?
Stockholders voted on the frequency of future advisory say-on-pay votes, with 34,447,256 votes for one year, 21,461 for two years, 4,565,940 for three years, and 354,355 abstentions. Nkarta determined it will hold these advisory votes every year.
What were the broker non-vote totals in Nkarta (NKTX)’s 2026 stockholder votes?
Broker non-votes totaled 6,934,994 for the director elections, the advisory say-on-pay proposal, and the advisory frequency vote. There were no broker non-votes recorded for the ratification of Ernst & Young LLP as independent registered public accounting firm.