United Parks (NYSE: PRKS) details 2026 director and say-on-pay votes
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
United Parks & Resorts Inc. reported the results of its 2026 Annual Meeting of Stockholders. All ten nominated directors were elected to serve until the 2027 annual meeting. Stockholders also ratified KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026.
Stockholders approved, on a non-binding advisory basis, the compensation of named executive officers and supported continuing an annual advisory vote on executive pay. A quorum was present, and broker non-votes were recorded on items not entitled to discretionary broker voting.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.07, 9.01
2 items
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.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Votes for auditor ratification: 44,249,686 votes
Votes for say-on-pay: 41,805,480 votes
Annual frequency support: 42,029,042 votes
+3 more
6 metrics
Votes for auditor ratification
44,249,686 votes
KPMG LLP ratified for fiscal year ending December 31, 2026
Votes for say-on-pay
41,805,480 votes
Advisory approval of named executive officer compensation
Annual frequency support
42,029,042 votes
Preference for holding say-on-pay vote every 1 year
Director Schaefer votes for
42,220,681 votes
Election of director Kimberly Schaefer
Director Chambers votes for
38,791,190 votes
Election of director James Chambers
Broker non-votes on say-on-pay
2,065,571 votes
Non-binding vote on executive compensation
Key Terms
broker non-votes, independent registered public accounting firm, non-binding, say on pay
4 terms
broker non-votes financial
"the number of abstention votes and broker non-votes, with respect to each matter"
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 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.
non-binding financial
"approved, on an advisory, non-binding basis, the compensation paid to the Company’s named executive officers"
"Non-binding" describes an agreement or statement that does not legally require the parties involved to follow through with its terms. It’s like a handshake or a written promise that shows intent but isn’t enforceable by law. For investors, understanding whether an agreement is binding or non-binding helps gauge how seriously the parties are committed and how much weight to give to the promises made.
say on pay financial
"Non-binding Vote on Say on Pay The stockholders approved, on an advisory, non-binding basis"
Say on pay is a shareholder vote—typically nonbinding—on a company’s executive compensation package, allowing investors to approve or reject how top managers are paid. Think of it as a public performance review: widespread disapproval can signal poor governance, prompt changes to pay practices, attract activist investors, and influence investor confidence and share value. It matters because it gives owners a direct way to influence compensation that affects company incentives and long-term performance.
FAQ
What did PRKS stockholders decide at the 2026 annual meeting?
Stockholders elected ten directors, ratified KPMG LLP as independent auditor for 2026, approved executive compensation on a non-binding basis, and chose to hold the advisory say-on-pay vote every year, confirming the company’s existing governance and compensation framework without major changes.
Which directors were elected to the United Parks (PRKS) board in 2026?
James Chambers, Aayushi Dalal, William Gray, Timothy Hartnett, Nathaniel Lipman, Yoshikazu Maruyama, Thomas E. Moloney, Neha Jogani Narang, Scott Ross, and Kimberly Schaefer were elected as directors, each to serve until the 2027 Annual Meeting of Stockholders and until their respective successors are duly elected.
Did PRKS stockholders approve executive compensation in the 2026 vote?
Yes. Stockholders approved, on an advisory and non-binding basis, the compensation paid to United Parks & Resorts’ named executive officers, with 41,805,480 votes for, 440,864 against, 8,420 abstentions, and 2,065,571 broker non-votes, indicating broad support for the existing executive pay program.
How often will United Parks (PRKS) hold say-on-pay votes going forward?
Stockholders supported holding the advisory vote on executive compensation every year, with 42,029,042 votes for one year, 7,439 for two years, 213,124 for three years, 5,159 abstentions, and 2,065,571 broker non-votes. The company intends to continue holding the say-on-pay vote annually.
Which audit firm did PRKS stockholders ratify for fiscal 2026?
Stockholders ratified KPMG LLP as United Parks & Resorts Inc.’s independent registered public accounting firm for the fiscal year ending December 31, 2026, with 44,249,686 votes for, 44,099 against, and 26,550 abstentions, signaling strong shareholder support for continuing with the same audit firm.