Outset Medical (NASDAQ: OM) reports 2026 shareholder meeting vote results
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Outset Medical, Inc. reported the results of its Annual Meeting of Stockholders held on June 4, 2026 via virtual audio webcast. As of the April 9, 2026 record date, 18,529,233 shares of common stock were outstanding and entitled to vote, and 13,890,864 shares were represented at the meeting, establishing a quorum.
Stockholders elected Brent D. Lang and Karen Prange as Class III directors to serve until the 2029 annual meeting. They also approved, on a non-binding advisory basis, the 2025 compensation of the company’s named executive officers. In addition, stockholders ratified the appointment of KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026.
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 entitled to vote: 18,529,233 shares
Shares present at meeting: 13,890,864 shares
Votes for Brent D. Lang: 8,109,357 for
+3 more
6 metrics
Shares entitled to vote
18,529,233 shares
Common stock outstanding and entitled to vote as of April 9, 2026 record date
Shares present at meeting
13,890,864 shares
Shares present virtually or by proxy at start of June 4, 2026 Annual Meeting
Votes for Brent D. Lang
8,109,357 for
Election as Class III director, with 2,642,698 withheld and 3,138,809 broker non-votes
Votes for Karen Prange
10,317,822 for
Election as Class III director, with 434,233 withheld and 3,138,809 broker non-votes
Say-on-pay support
7,548,774 for
Advisory vote on 2025 named executive officer compensation; 3,196,870 against, 6,411 abstain, 3,138,809 broker non-votes
Auditor ratification support
13,554,287 for
Ratification of KPMG LLP for FY ending December 31, 2026; 20,047 against, 316,530 abstain
Key Terms
Annual Meeting of Stockholders, broker non-votes, non-binding advisory basis, independent registered public accounting firm, +1 more
5 terms
Annual Meeting of Stockholders financial
"the Company held its Annual Meeting of Stockholders at 1:30 p.m. Pacific Time"
broker non-votes financial
"For | | Against | | Abstain | | Broker Non-Votes 7,548,774 | | 3,196,870 | | 6,411 | | 3,138,809"
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
"2025 compensation of the Company’s named executive officers ... on a non-binding advisory basis"
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
"ratified 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.
emerging growth company financial
"Emerging growth company Item 5.07. Submission of Matters to a Vote of Security Holders."
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 did Outset Medical (OM) report from its 2026 Annual Meeting?
Outset Medical reported voting results from its 2026 Annual Meeting. Stockholders elected two Class III directors, approved 2025 executive compensation on an advisory basis, and ratified KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026.
Which directors were elected at Outset Medical’s 2026 Annual Meeting?
Stockholders elected Brent D. Lang and Karen Prange as Class III directors. Each will serve until Outset Medical’s 2029 annual meeting of stockholders and until a successor is elected and qualified, consistent with the company’s classified board structure.
How did Outset Medical (OM) stockholders vote on 2025 executive compensation?
Stockholders approved 2025 executive compensation on an advisory basis. The say-on-pay proposal received 7,548,774 votes for, 3,196,870 against, and 6,411 abstentions, with 3,138,809 broker non-votes recorded on the item.
Which auditing firm did Outset Medical (OM) stockholders ratify for 2026?
Stockholders ratified KPMG LLP as Outset Medical’s independent auditor for 2026. The ratification received 13,554,287 votes for, 20,047 against, and 316,530 abstentions, with no broker non-votes reported on the auditor ratification proposal.
Which other directors continue to serve on Outset Medical’s board after the meeting?
Several directors continue to serve under the classified board structure. Following the 2026 Annual Meeting, Karen Drexler, D. Keith Grossman, Patrick T. Hackett, Kevin O’Boyle and Leslie Trigg remained as directors of Outset Medical.