Oxbridge Re (OXBR) investors back board, auditor and say-on-pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Oxbridge Re Holdings Limited reported results of its 2026 Annual Meeting of Shareholders held on June 12, 2026. On the April 15, 2026 record date, 8,101,374 ordinary shares were outstanding and entitled to vote.
Shareholders elected five directors—Sanjay Madhu, Arun Gowda, Dwight Merren, Wrendon Timothy, and Lesley Thompson—to serve until the 2027 annual meeting. Votes for individual nominees ranged from 2,432,035 to 2,593,023, with broker non-votes of 1,896,269 for each.
Shareholders ratified the appointment of Hacker, Johnson & Smith, P.A. as independent auditor for the year ending December 31, 2026, with 4,389,427 votes for, 140,608 against, and 153,217 abstentions. They also approved, on a non-binding advisory basis, the compensation of named executive officers, with 2,130,908 votes for, 586,173 against, 69,902 abstentions, and 1,896,269 broker non-votes.
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: 8,101,374 shares
Top director votes for: 2,593,023 votes
Broker non-votes on directors: 1,896,269 votes
+4 more
7 metrics
Shares entitled to vote
8,101,374 shares
Ordinary shares outstanding as of April 15, 2026 record date
Top director votes for
2,593,023 votes
Votes for director nominee Sanjay Madhu
Broker non-votes on directors
1,896,269 votes
Broker non-votes recorded for each director nominee
Auditor ratification votes for
4,389,427 votes
For appointment of Hacker, Johnson & Smith, P.A. for 2026
Auditor ratification votes against
140,608 votes
Against appointment of independent auditor for 2026
Say-on-pay votes for
2,130,908 votes
For non-binding advisory approval of named executive officer compensation
Say-on-pay votes against
586,173 votes
Against non-binding advisory approval of executive compensation
Key Terms
broker non-votes, non-binding advisory vote, independent auditor, Annual Meeting of Shareholders, +1 more
5 terms
broker non-votes financial
"Broker Non-Votes --------------------------------------------------------------- 2,130,908 ... 1,896,269"
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 vote regulatory
"The proposal to cast a non-binding advisory vote on a resolution approving the compensation"
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.
independent auditor financial
"ratification of the Appointment of Independent Auditor The appointment of Hacker, Johnson & Smith, P.A. as the Company’s independent auditor"
An independent auditor is an outside, qualified accounting professional or firm that examines a company's financial records and controls to determine whether its financial statements are accurate and prepared according to accepted accounting rules. Like a neutral referee or home inspector, the auditor issues a report that gives investors confidence (or raises red flags) about the reliability of the numbers, which affects assessments of risk, valuation and investment decisions.
named executive officers financial
"approving the compensation of the Company’s named executive officers as disclosed"
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.
FAQ
Were all Oxbridge Re (OXBR) director nominees elected in 2026?
Yes, all five director nominees were elected. Votes for individual nominees ranged from 2,432,035 to 2,593,023, with each nominee receiving more votes for than against, plus 1,896,269 broker non-votes recorded for each director election item at the meeting.