SailPoint (SAIL) investors approve board slate, EY audit and annual say-on-pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
SailPoint, Inc. held its 2026 Annual Meeting of Stockholders, where investors elected three Class I directors for terms expiring in 2029. William Bock, Sacha May, and Mark McClain each received over 507 million votes in favor, with broker non-votes of 23,697,705 on each director proposal.
Stockholders also ratified Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending January 31, 2027. In addition, they approved the company’s named executive officer compensation on an advisory basis and supported holding future say-on-pay votes every year, a frequency the Board has adopted.
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
Shares entitled to vote: 567,223,431 shares
Votes for William Bock: 507,509,417 votes
Votes for Sacha May: 509,286,722 votes
+4 more
7 metrics
Shares entitled to vote
567,223,431 shares
Common stock outstanding as of April 6, 2026 record date
Votes for William Bock
507,509,417 votes
Election as Class I director, term expiring 2029
Votes for Sacha May
509,286,722 votes
Election as Class I director, term expiring 2029
Votes for Mark McClain
510,042,793 votes
Election as Class I director, term expiring 2029
Auditor ratification support
548,703,054 votes for
Ratification of Ernst & Young LLP for FY ending Jan. 31, 2027
Say-on-pay support
511,952,321 votes for
Advisory approval of named executive officer compensation
Annual frequency votes
524,452,636 votes for 1 year
Advisory vote on frequency of future executive compensation votes
Key Terms
broker non-votes, independent registered public accounting firm, named executive officer compensation, non-binding, advisory basis
4 terms
broker non-votes financial
"Nominee | Votes For | Votes 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.
independent registered public accounting firm financial
"appointment 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.
named executive officer compensation financial
"Advisory Vote on our Named Executive Officer Compensation"
Pay and benefits disclosed for a company’s top executives identified in regulatory filings, including salary, bonuses, stock awards, option grants, pension contributions and other perks. Think of it as a public paycheck summary for senior managers that shows how they are rewarded and motivated. Investors use it to judge whether executive incentives align with shareholder interests, to assess potential costs and risks, and to evaluate corporate governance.
non-binding, advisory basis financial
"The stockholders approved, on a non-binding, advisory basis, our named executive officer compensation"
A non-binding, advisory basis means a recommendation or decision that carries no legal force and does not obligate the parties to act; it’s similar to a friendly suggestion rather than a signed promise. For investors, this matters because such guidance can influence market expectations and management plans but offers no guarantee of follow-through, so investors should treat it as informative input rather than a firm commitment.
FAQ
What did SailPoint (SAIL) stockholders decide at the 2026 annual meeting?
Stockholders elected three Class I directors, ratified Ernst & Young LLP as auditor, approved named executive officer compensation, and supported holding advisory say-on-pay votes every year. All proposals received strong majority support based on the reported voting totals.
Were SailPoint’s director nominees approved by stockholders in 2026?
Yes. William Bock, Sacha May, and Mark McClain were each elected as Class I directors for terms expiring in 2029. Each nominee received over 507 million votes for, with substantially fewer votes withheld and reported broker non-votes on the proposal.
Did SailPoint (SAIL) stockholders ratify Ernst & Young as auditor for 2027?
Yes. Stockholders ratified Ernst & Young LLP as SailPoint’s independent registered public accounting firm for the fiscal year ending January 31, 2027, with 548,703,054 votes for, 146,640 votes against, and 22,987 votes abstaining in the reported results.
How did SailPoint (SAIL) investors vote on executive compensation in 2026?
Stockholders approved named executive officer compensation on a non-binding, advisory basis. The proposal received 511,952,321 votes for, 13,202,220 votes against, 20,435 abstentions, and 23,697,705 broker non-votes, indicating broad support for the compensation program as presented.
What frequency of say-on-pay votes did SailPoint (SAIL) investors prefer?
Investors favored an annual say-on-pay vote. The one-year option received 524,452,636 votes, compared with 17,254 for two years, 691,693 for three years, and 13,393 abstentions. Based on this outcome, the Board will conduct advisory compensation votes every year until the next frequency vote.