Ooma shareholders approve directors and pay plan
Ooma, Inc. reported the final results of its annual stockholder meeting held on June 4, 2026.
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Form Type
8-K
Rhea-AI Filing Summary
Ooma, Inc. reported the final results of its annual stockholder meeting held on June 4, 2026. Stockholders representing 23,448,582 shares, or approximately 85.2% of outstanding common stock on the record date, were present in person or by proxy, establishing a quorum.
Two Class II directors, Susan G. Butenhoff and Russ Mann, were elected to serve until the 2029 annual meeting or until successors are elected and qualified. KPMG LLP was ratified as independent registered public accounting firm for the fiscal year ending January 31, 2027. Stockholders also approved, on a non-binding advisory basis, the Company’s executive compensation for the fiscal year ended January 31, 2026.
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: 23,448,582 shares
Quorum percentage: 85.2%
Votes for Butenhoff: 12,259,460 votes
+3 more
6 metrics
Shares represented
23,448,582 shares
Present or by proxy at annual meeting; about 85.2% of outstanding
Quorum percentage
85.2%
Percentage of total outstanding common shares represented at meeting
Votes for Butenhoff
12,259,460 votes
Election of Class II director Susan G. Butenhoff
Votes for Mann
17,355,865 votes
Election of Class II director Russ Mann
Auditor ratification for votes
23,265,635 votes
For ratification of KPMG LLP as independent auditor
Say-on-pay for votes
17,705,978 votes
For non-binding advisory approval of executive compensation
Key Terms
broker non-votes, independent registered public accounting firm, non-binding advisory vote, emerging growth company, +1 more
5 terms
broker non-votes financial
"Broker Non-votes (all Directors)"
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
"independent registered public accounting firm for the fiscal year ending January 31, 2027"
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 vote financial
"Non-Binding Advisory Vote on the Compensation of Our Named Executive Officers"
A non-binding advisory vote is a shareholder vote that expresses investors’ opinion on a proposal (such as executive pay, corporate policy, or governance practices) but does not legally force the company to act. Think of it like a customer survey: it signals whether owners approve or disapprove and can pressure boards and managers to change course, so investors watch the result as an indicator of governance risk and potential future shifts in company strategy or leadership.
emerging growth company regulatory
"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.
quorum financial
"which constituted a quorum, were present in person or by proxy"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Ooma (OOMA) stockholders vote on at the 2026 annual meeting?
Ooma stockholders voted on three items: election of two Class II directors, ratification of KPMG LLP as independent auditor for the fiscal year ending January 31, 2027, and a non-binding advisory vote approving executive compensation for the fiscal year ended January 31, 2026.
Were Ooma’s director nominees elected at the 2026 annual meeting?
Yes. Susan G. Butenhoff and Russ Mann were elected as Class II directors. Butenhoff received 12,259,460 votes for and 6,022,830 withheld, while Mann received 17,355,865 votes for and 926,425 withheld, with 5,166,292 broker non-votes recorded for the director elections.
Did Ooma (OOMA) stockholders ratify KPMG LLP as the company’s auditor?
Yes. Stockholders ratified the selection of KPMG LLP as Ooma’s independent registered public accounting firm for the fiscal year ending January 31, 2027, with 23,265,635 votes for, 17,738 against, and 165,209 abstentions, and no broker non-votes on this proposal.
How did Ooma (OOMA) stockholders vote on executive compensation in 2026?
Stockholders approved Ooma’s executive compensation on a non-binding advisory basis. The compensation for the fiscal year ended January 31, 2026 received 17,705,978 votes for, 528,798 against, 47,514 abstentions, and 5,166,292 broker non-votes, indicating majority support for the pay program.
What is the term of office for the Class II directors elected at Ooma’s meeting?
The Class II directors elected at Ooma’s annual meeting will serve until the 2029 annual meeting of stockholders, or until their successors are duly elected and qualified, or until earlier resignation or removal, consistent with the company’s classified board structure and governance framework.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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