Palantir (NYSE: PLTR) investors reelect board, oppose key ESG proposals
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Palantir Technologies Inc. reported results of its 2026 annual stockholder meeting. The company uses a multi-class share structure, with Class A carrying one vote, Class B ten votes, and Class F a higher, proposal-specific vote count per share as of the April 6, 2026 record date.
All seven director nominees, including Alexander Karp, Stephen Cohen and Peter Thiel, were elected. Stockholders ratified Ernst & Young as independent auditor for the year ending December 31, 2026 and approved, on an advisory basis, compensation for named executive officers. Three stockholder proposals on due diligence reporting, human rights impact assessment, and political spending disclosure did not receive stockholder approval.
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
Karp director votes for: 3,221,448,690 votes
Karp director votes withheld: 237,998,436 votes
Auditor ratification votes for: 3,098,257,509 votes
+5 more
8 metrics
Karp director votes for
3,221,448,690 votes
Election of Alexander Karp at 2026 annual meeting
Karp director votes withheld
237,998,436 votes
Election of Alexander Karp at 2026 annual meeting
Auditor ratification votes for
3,098,257,509 votes
Ernst & Young ratification for year ending December 31, 2026
Auditor ratification votes against
15,840,752 votes
Ernst & Young ratification for year ending December 31, 2026
Say-on-pay votes for
1,987,926,773 votes
Advisory vote on named executive officer compensation
Due diligence proposal votes for
192,995,867 votes
Stockholder proposal on Independent Report on Due Diligence Process
Human rights proposal votes for
290,935,808 votes
Stockholder proposal on Human Rights Impact Assessment
Political spending proposal votes for
608,889,045 votes
Stockholder proposal on Political Spending Disclosure
Key Terms
advisory vote, broker non-votes, independent registered public accounting firm, stockholder proposal, +1 more
5 terms
advisory vote financial
"Proposal 3 – Advisory Vote to Approve Named Executive Officer Compensation."
An advisory vote is a shareholder poll that expresses investors’ approval or concern about a company’s policy, executive pay, board decisions or other governance matters but does not legally force the company to act. Think of it like a customer survey: it signals investor sentiment and can pressure management to change course, so investors watch the result as a guide to future governance, risk and potential shifts in strategy.
broker non-votes financial
"the number of votes cast for and against, and the number of abstentions and broker non-votes with respect to, Proposal 3"
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
"The appointment of Ernst & Young as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 was ratified."
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.
stockholder proposal financial
"The stockholders did not approve the stockholder proposal entitled “Independent Report on Due Diligence Process.”"
Record Date financial
"for each share held as of the close of business on April 6, 2026 (the “Record Date”);"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
FAQ
Was Palantir (PLTR) executive compensation approved at the 2026 meeting?
Yes. In an advisory vote on named executive officer compensation, shareholders cast 1,987,926,773 votes for, 357,136,775 against, and 9,794,454 abstentions, with 381,084,411 broker non-votes. This indicates stockholder approval of the company’s executive pay program on a non-binding basis.
What happened to Palantir (PLTR) stockholder ESG proposals in 2026?
Three stockholder proposals—on an independent due diligence report, a human rights impact assessment, and political spending disclosure—were not approved. For example, the due diligence proposal received 192,995,867 votes for and 2,137,396,027 against, with significant broker non-votes on each item.