Portsmouth Square (PRSI) investors reelect full board, ratify Whitley Penn as auditor
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Portsmouth Square, Inc. reported the results of its Fiscal 2025 Annual Meeting of Shareholders held on May 20, 2026 at the Hilton San Francisco Financial District. Shareholders voted on the election of directors and the ratification of the company’s independent auditor.
All five director nominees were elected. For example, John V. Winfield received 593,616 votes for, 2,467 against and 420 abstentions, with 27,964 broker non-votes, with similar support for the other nominees. Shareholders also ratified the appointment of Whitley Penn LLP as independent registered public accounting firm for the fiscal year ending June 30, 2026, with 611,467 votes for, 182 against and 12,818 abstentions.
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
Meeting date: May 20, 2026
Winfield director votes for: 593,616 votes
Winfield broker non-votes: 27,964 votes
+3 more
6 metrics
Meeting date
May 20, 2026
Fiscal 2025 Annual Meeting of Shareholders date
Winfield director votes for
593,616 votes
Votes for nominee John V. Winfield in director election
Winfield broker non-votes
27,964 votes
Broker non-votes for John V. Winfield director election
Auditor ratification votes for
611,467 votes
Votes for ratifying Whitley Penn LLP as auditor for FY ending June 30, 2026
Auditor ratification votes against
182 votes
Votes against ratifying Whitley Penn LLP
Auditor ratification abstentions
12,818 votes
Abstentions on ratifying Whitley Penn LLP
Key Terms
Broker Non-Votes, independent registered public accounting firm, Emerging growth company, Item 5.07. Submission of Matters to a Vote of Security Holders
4 terms
Broker Non-Votes financial
"Broker Non-Votes | ---------------------------------------------------------------------------- John V. Winfield | | | 593,616 |"
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
"Ratification of the Appointment of Whitley Penn 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.
Emerging growth company regulatory
"Emerging growth company Item 5.07. Submission of Matters to a Vote of Security Holders."
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.
Item 5.07. Submission of Matters to a Vote of Security Holders regulatory
"Item 5.07. Submission of Matters to a Vote of Security Holders."
FAQ
Were Portsmouth Square, Inc. (PRSI) director nominees elected at the May 20, 2026 meeting?
Yes, all five director nominees were elected. John V. Winfield, for example, received 593,616 votes for, 2,467 against and 420 abstentions, with 27,964 broker non-votes. The other nominees reported similar voting patterns and were also elected.
When and where was the Portsmouth Square, Inc. (PRSI) Fiscal 2025 annual meeting held?
The Fiscal 2025 Annual Meeting of the Shareholders of Portsmouth Square, Inc. was held on May 20, 2026 at the Hilton San Francisco Financial District, 750 Kearny Street, San Francisco, California, as disclosed in the meeting report.
How many broker non-votes were reported in Portsmouth Square, Inc. (PRSI) director elections?
Each director election showed 27,964 broker non-votes. For instance, the tally for nominee John V. Winfield included 593,616 votes for, 2,467 against, 420 abstentions and 27,964 broker non-votes, with similar broker non-vote figures for the other nominees.
Did Portsmouth Square, Inc. (PRSI) report any exchange-listed securities in this filing?
No, the filing lists no securities registered on a national securities exchange. The table for securities registered pursuant to Section 12(b) shows the title of each class, trading symbol and exchange name as “NONE,” indicating no such listed securities.