SolarEdge holders back board, auditor and pay
SolarEdge Technologies, Inc. reported results of its annual stockholder meeting held on June 3, 2026.
Rhea-AI Filing Summary
SolarEdge Technologies, Inc. reported results of its annual stockholder meeting held on June 3, 2026. Stockholders elected all seven director nominees to serve until the 2027 annual meeting, with each receiving more than 27 million votes in favor and substantial support relative to votes against.
Investors also ratified the appointment of Kost Forer Gabbay & Kasierer, a member of EY Global, as independent registered public accounting firm for the year ending December 31, 2026, and approved, on an advisory and non-binding basis, the compensation of the Company’s named executive officers.
Stockholders voted in favor of an amendment to the Restated Certificate of Incorporation to limit the liability of certain officers, with about 25.8 million votes for and 3.1 million against. However, this amendment was not approved because Delaware law requires a higher standard: a majority of all outstanding shares, rather than a majority of the voting power present or represented by proxy.
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
Annual meeting date: June 3, 2026
Auditor ratification for votes: 35,005,162 votes
Say-on-pay support: 26,568,856 votes for
+4 more
7 metrics
Annual meeting date
June 3, 2026
Date of SolarEdge’s annual meeting of stockholders
Auditor ratification for votes
35,005,162 votes
For ratification of Kost Forer Gabbay & Kasierer for year ending December 31, 2026
Say-on-pay support
26,568,856 votes for
Advisory approval of named executive officers’ compensation
Say-on-pay opposition
2,335,161 votes against
Advisory vote on executive compensation at the annual meeting
Charter amendment for votes
25,773,141 votes for
Amendment to limit liability of certain officers under Restated Certificate of Incorporation
Charter amendment against votes
3,142,428 votes against
Vote on officer exculpation amendment that did not meet Delaware standard
Highest director support
28,919,959 votes for
Votes for director nominee Gilad Almogy in election to Board of Directors
Key Terms
independent registered public accounting firm, advisory and non-binding basis, Restated Certificate of Incorporation, broker non-votes, +1 more
5 terms
independent registered public accounting firm financial
"the Company’s independent registered public accounting firm for the 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.
advisory and non-binding basis financial
"approval, on an advisory and non-binding basis, of the compensation of the Company’s named executive officers"
Restated Certificate of Incorporation regulatory
"approval of the amendment to the Company’s Restated Certificate of Incorporation to limit the liability of certain officers"
A restated certificate of incorporation is an updated, single-document version of a company’s founding rules that folds together the original charter and all later changes into one clear set of terms — like replacing a patchwork manual with a clean, revised edition. Investors care because it clarifies ownership details, voting rights, share classes and other legal rules that affect control, dividends and how value is created or diluted, so it can change the risks and benefits of owning the stock.
broker non-votes financial
"Abstain | | | Non-Votes | | 26,568,856 ... 109,296 | | | | 6,226,473"
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.
emerging growth company regulatory
"405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company"
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.
FAQ
What did SolarEdge (SEDG) stockholders decide at the June 3, 2026 annual meeting?
SolarEdge stockholders elected all seven director nominees, ratified Kost Forer Gabbay & Kasierer as auditor for 2026, and approved executive compensation on an advisory basis. They supported, but did not legally approve, a charter amendment to limit certain officers’ liability under Delaware law.
Which SolarEdge (SEDG) directors were elected and how strong was support?
Stockholders elected Avery More, Betsy Atkins, Dana Gross, Gilad Almogy, Guy Gecht, Shuki Nir, and Yoram Tietz as directors until the 2027 annual meeting. Each nominee received over 27 million votes for, with relatively low votes against and broker non-votes recorded separately.
Did SolarEdge (SEDG) stockholders approve the company’s executive compensation?
Yes. The compensation of SolarEdge’s named executive officers, as disclosed in the proxy statement, was approved on an advisory, non-binding basis. The advisory vote recorded 26,568,856 votes for, 2,335,161 against, 109,296 abstentions, and 6,226,473 broker non-votes at the annual meeting.
Was SolarEdge’s (SEDG) proposed charter amendment to limit officer liability approved?
No. While 25,773,141 votes were cast for and 3,142,428 against the amendment, it was not approved. Under Delaware law, certificate amendments require a majority of outstanding shares, a higher threshold than a simple majority of voting power present or represented.
Which audit firm did SolarEdge (SEDG) stockholders ratify for the year ending December 31, 2026?
Stockholders ratified Kost Forer Gabbay & Kasierer, a member of EY Global, as SolarEdge’s independent registered public accounting firm for the year ending December 31, 2026. The ratification received 35,005,162 votes for, 188,372 against, and 46,252 abstentions, with no broker non-votes.
How did broker non-votes affect SolarEdge (SEDG) voting results at the 2026 annual meeting?
Broker non-votes were recorded on director elections, executive compensation, and the charter amendment, including 6,226,473 broker non-votes on several items. These shares counted for quorum but did not count as votes for or against, which mattered given Delaware’s stricter approval standard for certificate amendments.
AI-generated analysis. How Rhea-AI works. Not financial advice.
