Parsons (NYSE: PSN) investors approve directors, PwC audit and pay plan
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Parsons Corporation reported the results of its 14 April 2026 Annual Meeting of stockholders. Stockholders elected four directors—Carey A. Smith, Letitia A. Long, Harry T. McMahon, and Robert H. Smith—to three-year terms expiring at the 2029 Annual Meeting. They also ratified the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending 31 December 2026, with 95,357,461 votes for and 2,886,281 against. In addition, stockholders approved, on an advisory and non-binding basis, the compensation of the Company’s named executive officers as disclosed in the Proxy Statement, with 89,522,490 votes for and 3,402,595 against.
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 Carey A. Smith: 88,140,620 votes
Votes for Robert H. Smith: 92,531,614 votes
Auditor ratification for votes: 95,357,461 votes
+3 more
6 metrics
Votes for Carey A. Smith
88,140,620 votes
Director election at 14 April 2026 Annual Meeting
Votes for Robert H. Smith
92,531,614 votes
Director election at 14 April 2026 Annual Meeting
Auditor ratification for votes
95,357,461 votes
Ratification of PricewaterhouseCoopers LLP for FY ending 31 Dec 2026
Auditor ratification against votes
2,886,281 votes
Ratification of PricewaterhouseCoopers LLP
Say-on-pay for votes
89,522,490 votes
Advisory approval of named executive officer compensation
Say-on-pay against votes
3,402,595 votes
Advisory approval of named executive officer compensation
Key Terms
broker non-votes, independent registered public accounting firm, advisory, non-binding basis, Compensation Discussion and Analysis
4 terms
broker non-votes financial
"Broker Non-Votes | ------------------------------------------------------------- Carey A. Smith"
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
"appointment of PricewaterhouseCoopers 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.
advisory, non-binding basis financial
"To approve, on an advisory, non-binding basis, the compensation of the Company’s named executive officers"
Compensation Discussion and Analysis financial
"as disclosed in the Compensation Discussion and Analysis section of the Proxy Statement"
FAQ
What did Parsons (PSN) stockholders decide at the April 2026 Annual Meeting?
Parsons stockholders approved all three proposals at the 14 April 2026 Annual Meeting. They elected four directors for three-year terms, ratified PricewaterhouseCoopers LLP as auditor for 2026, and supported executive compensation on an advisory, non-binding basis as described in the Proxy Statement.
Which directors were elected to the Parsons (PSN) Board in 2026 and for how long?
Stockholders elected Carey A. Smith, Letitia A. Long, Harry T. McMahon, and Robert H. Smith to the Board. Each will serve a three-year term expiring at the 2029 Annual Meeting of Stockholders, confirming continued support for the Company’s existing board composition and governance structure.
Which audit firm did Parsons (PSN) stockholders ratify for the 2026 fiscal year?
Stockholders ratified PricewaterhouseCoopers LLP as Parsons’ independent registered public accounting firm for the fiscal year ending 31 December 2026. The ratification received 95,357,461 votes for, 2,886,281 against, and 195,999 abstentions, with no broker non-votes reported on this proposal.
How did Parsons (PSN) stockholders vote on executive compensation in 2026?
Parsons stockholders approved, on an advisory and non-binding basis, the compensation of the Company’s named executive officers. Proposal 3 received 89,522,490 votes for, 3,402,595 against, 360,241 abstentions, and 5,154,415 broker non-votes, signaling overall support for the disclosed pay programs.
What were the broker non-vote levels on Parsons (PSN) 2026 governance proposals?
Broker non-votes totaled 5,154,415 on the director elections and the advisory say-on-pay proposal. There were no broker non-votes on the auditor ratification proposal, which is typically considered a routine matter allowing brokers more discretionary voting authority under exchange rules.