Alpine Income Property (NYSE: PINE) 2026 holders back board, pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Alpine Income Property Trust, Inc. reported results of its 2026 annual stockholder meeting. Stockholders elected five directors to serve until the 2027 meeting, with support ranging from 8,467,721 to 8,790,359 votes for each nominee.
They also approved, on a non-binding basis, compensation for named executive officers with 7,632,471 votes for, and ratified Grant Thornton LLP as independent auditor for fiscal 2026 with 12,156,069 votes for.
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 John P. Albright: 8,790,359 votes
Votes for Rachel Elias Wein: 8,524,332 votes
Say-on-pay votes for: 7,632,471 votes
+3 more
6 metrics
Votes for John P. Albright
8,790,359 votes
Director election at 2026 annual meeting
Votes for Rachel Elias Wein
8,524,332 votes
Director election at 2026 annual meeting
Say-on-pay votes for
7,632,471 votes
Advisory compensation vote for 2025 pay
Say-on-pay votes against
1,054,754 votes
Advisory compensation vote for 2025 pay
Auditor ratification votes for
12,156,069 votes
Ratification of Grant Thornton LLP for fiscal 2026
Auditor ratification votes against
351,403 votes
Ratification of Grant Thornton LLP for fiscal 2026
Key Terms
Say-on-Pay Vote, broker non-votes, independent registered public accounting firm
3 terms
Say-on-Pay Vote financial
"approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers for the year ended December 31, 2025 (the “Say-on-Pay Vote”)"
broker non-votes financial
"FOR | AGAINST | ABSTAIN | BROKER NON-VOTES 7,632,471 | 1,054,754 | 213,733 | 3,628,999"
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 Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year 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.
FAQ
What did Alpine Income Property Trust (PINE) stockholders approve at the 2026 annual meeting?
Stockholders elected five directors, approved a non-binding say-on-pay resolution, and ratified Grant Thornton LLP as independent auditor for 2026, confirming the company’s board slate, executive compensation program, and audit firm for the upcoming fiscal year.
How did Alpine Income Property Trust (PINE) stockholders vote on director elections in 2026?
All five director nominees were elected, each receiving over 8.46 million votes for. For example, John P. Albright received 8,790,359 votes for and 95,280 against, indicating broad stockholder support for the company’s board composition for the coming year.
What were the 2026 say-on-pay results for Alpine Income Property Trust (PINE)?
The advisory say-on-pay proposal received 7,632,471 votes for, 1,054,754 against, and 213,733 abstentions, with 3,628,999 broker non-votes. This indicates stockholder approval of named executive officer compensation for the year ended December 31, 2025.
Which auditor did Alpine Income Property Trust (PINE) stockholders ratify for fiscal 2026?
Stockholders ratified Grant Thornton LLP as Alpine Income Property Trust’s independent registered public accounting firm for fiscal year 2026, with 12,156,069 votes for, 351,403 against, and 22,484 abstentions, confirming the continued engagement of the same audit firm.
Were there significant broker non-votes at Alpine Income Property Trust’s 2026 meeting?
Yes. Proposals involving director elections and say-on-pay each recorded 3,628,999 broker non-votes. Broker non-votes occur when brokers lack authority to vote uninstructed shares on certain matters, but these did not prevent approval of the proposals presented.