Red Rock Resorts (RRR) investors approve board slate, pay plan and EY as auditor
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Red Rock Resorts, Inc. reported the results of its annual stockholder meeting held on June 4, 2026. Shareholders elected directors Frank J. Fertitta III, Lorenzo J. Fertitta, Robert A. Cashell Jr., Robert E. Lewis and James E. Nave, D.V.M., each receiving a majority of votes cast.
Stockholders also approved, on an advisory basis, the executive compensation "say-on-pay" proposal, with 491,689,658 votes for, 8,011,727 against and 31,054 abstentions. In addition, they ratified Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 503,766,113 votes for.
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 Frank J. Fertitta III: 493,503,377 votes
Votes for Lorenzo J. Fertitta: 490,785,883 votes
Say-on-pay votes for: 491,689,658 votes
+4 more
7 metrics
Votes for Frank J. Fertitta III
493,503,377 votes
Director election at annual meeting on June 4, 2026
Votes for Lorenzo J. Fertitta
490,785,883 votes
Director election at annual meeting on June 4, 2026
Say-on-pay votes for
491,689,658 votes
Advisory executive compensation vote, Proposal 2
Say-on-pay votes against
8,011,727 votes
Advisory executive compensation vote, Proposal 2
Auditor ratification votes for
503,766,113 votes
Ratification of Ernst & Young LLP for fiscal year ending December 31, 2026
Auditor ratification votes against
99,490 votes
Ratification of Ernst & Young LLP, Proposal 3
Broker non-votes on say-on-pay
4,140,988 votes
Non-voting broker-held shares on Proposal 2
Key Terms
Annual Meeting of Stockholders, broker non-votes, say-on-pay, independent registered public accounting firm, +1 more
5 terms
Annual Meeting of Stockholders financial
"The Company held its Annual Meeting of Stockholders (the “Annual Meeting”) on June 4, 2026"
broker non-votes financial
"Broker Non-Votes: 4,140,988 for each of Mr. Fertitta III, Mr. L. Fertitta"
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 financial
"Proposal 2: “Say-on-pay” non-binding advisory vote"
A say-on-pay is a shareholder vote that gives investors a chance to approve or disapprove a company’s executive compensation packages, typically held at annual meetings. It matters because the vote signals investor satisfaction with how leaders are paid—like customers rating how well managers are rewarded—and can push boards to change pay plans, reducing governance risk and affecting investor confidence and stock value even though the vote is usually advisory rather than legally binding.
independent registered public accounting firm financial
"Ratification of Ernst & Young 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 advisory vote financial
"Proposal 2: “Say-on-pay” non-binding advisory vote"
A non-binding advisory vote is a shareholder vote that expresses investors’ opinion on a proposal (such as executive pay, corporate policy, or governance practices) but does not legally force the company to act. Think of it like a customer survey: it signals whether owners approve or disapprove and can pressure boards and managers to change course, so investors watch the result as an indicator of governance risk and potential future shifts in company strategy or leadership.
FAQ
What were the say-on-pay voting results for Red Rock Resorts (RRR) in 2026?
The advisory say-on-pay proposal received 491,689,658 votes for, 8,011,727 against and 31,054 abstentions. There were 4,140,988 broker non-votes. This outcome indicates shareholders approved the company’s executive compensation program on a non-binding basis.
Were there significant broker non-votes at the Red Rock Resorts (RRR) 2026 annual meeting?
Broker non-votes totaled 4,140,988 for the director elections and the say-on-pay proposal, reflecting shares present but not voting on these matters. There were zero broker non-votes on the auditor ratification proposal, which is typically considered a routine item.