Rimini Street details 2026 shareholder vote results
Rimini Street, Inc. reported the results of its 2026 Annual Meeting of Stockholders held virtually on June 3, 2026.
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Form Type
8-K
Rhea-AI Filing Summary
Rimini Street, Inc. reported the results of its 2026 Annual Meeting of Stockholders held virtually on June 3, 2026. A total of 92,556,379 shares of common stock were outstanding and entitled to vote as of April 15, 2026, and 82,124,591 shares were represented at the meeting, equal to 88.73% of the voting power, establishing a quorum.
Stockholders elected three Class III directors—Seth A. Ravin, Steven Capelli and Jay Snyder—to serve until the 2029 annual meeting. Stockholders also approved, on a non-binding advisory basis, the compensation of the named executive officers. Finally, they ratified the appointment of KPMG LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.
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, or exhibit attachments filed with this report.
Key Figures
Shares outstanding entitled to vote: 92,556,379 shares
Shares represented at meeting: 82,124,591 shares
Say-on-Pay votes for: 58,922,771 shares
+5 more
8 metrics
Shares outstanding entitled to vote
92,556,379 shares
Common stock as of April 15, 2026 record date
Shares represented at meeting
82,124,591 shares
Approximately 88.73% of voting power present
Say-on-Pay votes for
58,922,771 shares
Non-binding advisory executive compensation vote
Say-on-Pay votes against
3,999,631 shares
Non-binding advisory executive compensation vote
Auditor ratification votes for
82,071,095 shares
Ratification of KPMG LLP for fiscal year ending December 31, 2026
Seth A. Ravin votes for
63,184,115 shares
Election as Class III director until 2029 annual meeting
Steven Capelli votes for
54,716,977 shares
Election as Class III director until 2029 annual meeting
Jay Snyder votes for
55,340,702 shares
Election as Class III director until 2029 annual meeting
Key Terms
broker non-votes, Say-on-Pay Vote, independent registered public accounting firm, quorum, +1 more
5 terms
broker non-votes financial
"Nominee | For | Withheld | Broker Non-Votes"
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.
Say-on-Pay Vote financial
"Non-binding, advisory vote on the compensation of the Company’s Named Executive Officers (Say-on-Pay Vote)"
A say-on-pay vote is a shareholder advisory vote on a company’s executive compensation package, usually held at the annual meeting to approve or voice disapproval of how top managers are paid. Think of it as a feedback button for owners: while the vote is often nonbinding, a strong negative outcome warns of governance problems, can force pay-policy changes, damage board credibility and ultimately influence long-term shareholder returns.
independent registered public accounting firm financial
"Ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 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.
quorum financial
"82,124,591 shares of Common Stock represented ... constituting a quorum."
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
Annual Meeting of Stockholders financial
"held its 2026 Annual Meeting of Stockholders (the “Annual Meeting”) virtually via live audio webcast"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What was the quorum at Rimini Street (RMNI)'s 2026 annual meeting?
Rimini Street reached a strong quorum, with 82,124,591 shares represented out of 92,556,379 entitled to vote. This equaled approximately 88.73% of the company’s voting power as of the April 15, 2026 record date.
Which directors were elected at Rimini Street (RMNI)'s 2026 annual meeting?
Stockholders elected three Class III directors: Seth A. Ravin, Steven Capelli and Jay Snyder. Each director will serve until the 2029 annual meeting of stockholders and until a successor is elected and qualified, according to the disclosed results.
How did Rimini Street (RMNI) stockholders vote on executive compensation in 2026?
Stockholders approved the non-binding Say-on-Pay proposal, with 58,922,771 votes for, 3,999,631 against and 1,198,310 abstentions. There were also 18,003,879 broker non-votes. This advisory vote supports the compensation of the company’s named executive officers.
Which auditor did Rimini Street (RMNI) stockholders ratify for fiscal 2026?
Stockholders ratified KPMG LLP as Rimini Street’s independent registered public accounting firm for the year ending December 31, 2026. The vote totaled 82,071,095 shares for, 28,489 against and 25,007 abstentions, with no broker non-votes reported on this item.
Was Rimini Street (RMNI)'s 2026 Say-on-Pay vote binding on the company?
The Say-on-Pay proposal was explicitly described as a non-binding, advisory vote. While stockholders supported the named executive officers’ compensation, the board is not legally required to follow this vote but typically considers it in future compensation decisions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
