Ollie’s investors back board, pay and auditor
Ollie’s Bargain Outlet Holdings, Inc. reported the results of its annual stockholder meeting held on June 11, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
8-K
Rhea-AI Filing Summary
Ollie’s Bargain Outlet Holdings, Inc. reported the results of its annual stockholder meeting held on June 11, 2026. Stockholders elected all ten director nominees to serve until the 2027 annual meeting or until their successors are elected and qualified.
Stockholders also approved, on a non-binding advisory basis, the compensation of the company’s named executive officers, indicating support for current executive pay practices. In addition, they ratified the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending January 30, 2027.
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
Say-on-pay votes for: 55,050,394 votes
Say-on-pay votes against: 986,302 votes
Auditor ratification votes for KPMG: 56,971,351 votes
+3 more
6 metrics
Say-on-pay votes for
55,050,394 votes
Non-binding advisory vote on executive compensation
Say-on-pay votes against
986,302 votes
Non-binding advisory vote on executive compensation
Auditor ratification votes for KPMG
56,971,351 votes
Ratification of KPMG LLP for year ending January 30, 2027
Auditor ratification votes against
368,150 votes
Ratification of KPMG LLP
Votes for director Eric van der Valk
55,526,914 votes
Election of director at June 11, 2026 annual meeting
Broker non-votes on proposals 1 and 2
1,304,574 shares
Director elections and say-on-pay proposal
Key Terms
broker non-votes, non-binding advisory basis, independent registered public accounting firm, annual meeting of stockholders, +1 more
5 terms
broker non-votes financial
"Abstain | Broker Non-Votes Alissa Ahlman | 54,728,157 ... | 1,304,574"
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.
non-binding advisory basis financial
"To approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers."
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.
independent registered public accounting firm financial
"to ratify the appointment of KPMG 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.
annual meeting of stockholders financial
"held its annual meeting of stockholders (the “Annual Meeting”)."
emerging growth company regulatory
"Emerging growth company . On June 11, 2026, Ollie’s Bargain Outlet Holdings, Inc."
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Ollie’s Bargain Outlet (OLLI) stockholders decide at the 2026 annual meeting?
Stockholders elected all ten director nominees, approved executive compensation on a non-binding advisory basis, and ratified KPMG LLP as independent auditor. These actions keep the company’s current board, pay structure, and audit firm in place for the coming fiscal year.
Were all Ollie’s (OLLI) director nominees elected at the 2026 annual meeting?
Yes. All ten director nominees were elected to the board to serve until the 2027 annual meeting or until successors are elected and qualified. Each nominee received more votes “for” than “against,” with additional broker non-votes recorded on the proposals.
How did Ollie’s (OLLI) stockholders vote on executive compensation in 2026?
Stockholders approved the compensation of the named executive officers on a non-binding advisory basis, with 55,050,394 votes for, 986,302 against, and 42,609 abstentions. This advisory vote signals shareholder support for the company’s current executive pay program and policies.
Which audit firm did Ollie’s (OLLI) stockholders ratify for fiscal 2026?
Stockholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending January 30, 2027, with 56,971,351 votes for, 368,150 against, and 44,378 abstentions. This confirms KPMG’s continued role as external auditor.
What were the vote totals on Ollie’s (OLLI) say-on-pay proposal in 2026?
The say-on-pay proposal received 55,050,394 votes for, 986,302 against, and 42,609 abstentions, plus 1,304,574 broker non-votes. This outcome indicates a clear majority of voting shares supported the company’s named executive officer compensation program on an advisory basis.
How many broker non-votes were recorded on Ollie’s (OLLI) 2026 director elections?
Each director election reflected 1,304,574 broker non-votes. Broker non-votes occur when brokers are not authorized to vote uninstructed shares on certain proposals, and they are not counted as votes for or against the director nominees.
AI-generated analysis. How Rhea-AI works. Not financial advice.
