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Seneca Foods (NASDAQ: SENEA) shareholders back 2026 pay plan and equity plan

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Seneca Foods Corporation reported the results of its 2026 Annual Meeting of Shareholders held on August 6, 2026. As of the record date, voting stock outstanding included 5,221,238 Class A shares with 0.05 votes per share, 1,549,202 Class B shares with 1 vote per share, 407,240 shares of 10% Cumulative Convertible Voting Preferred Stock Series A, 400,000 shares of 10% Cumulative Convertible Voting Preferred Stock Series B, and 200,000 shares of 6% Cumulative Voting Preferred Stock.

Shareholders elected directors Peter R. Call, Kraig H. Kayser, and Bruce E. Ware to serve until the 2029 annual meeting, each receiving over 2.0 million votes “For” with several hundred thousand broker non-votes. Investors also gave advisory approval to 2026 executive compensation with 2,039,835 votes For versus 14,463 Against, and adopted the 2026 Equity Incentive Plan with 1,918,211 For and 139,721 Against. In addition, shareholders ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending March 31, 2027, with 2,388,759 votes For and minimal opposition.

Positive

  • None.

Negative

  • None.
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, and exhibit attachments filed with this report.
Class A shares outstanding 5,221,238 shares Voting stock outstanding as of the record date, 0.05 votes per share
Class B shares outstanding 1,549,202 shares Voting stock outstanding as of the record date, 1 vote per share
Series A 10% Convertible Preferred 407,240 shares 10% Cumulative Convertible Voting Preferred Stock Series A, 1 vote per share
Say-on-pay votes For 2,039,835 votes Advisory approval of 2026 Named Executive Officers’ compensation
Equity Plan votes For 1,918,211 votes Approval of Seneca Foods Corporation 2026 Equity Incentive Plan
Auditor ratification votes For 2,388,759 votes Ratification of Deloitte & Touche LLP for fiscal year ending March 31, 2027
Broker Non-Votes financial
"For, Against, Abstentions, 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.
10% Cumulative Convertible Voting Preferred Stock financial
"10% Cumulative Convertible Voting Preferred Stock - Series A"
6% Cumulative Voting Preferred Stock financial
"6% Cumulative Voting Preferred Stock*"
Equity Incentive Plan financial
"Approval of the Seneca Foods Corporation 2026 Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
advisory resolution financial
"approved the advisory resolution regarding the compensation"
An advisory resolution is a non-binding vote by shareholders that expresses their opinion on a specific corporate matter, such as executive pay or a governance policy. It matters to investors because, like a public survey, it signals shareholder sentiment to the board and management; even though it does not force action, a strong vote for or against can prompt changes, affect company reputation, and influence future decisions that impact shareholder value.
Say-on-Pay Result Advisory approval of 2026 compensation for Named Executive Officers passed with 2,039,835 votes For and 14,463 Against.
Key Proposals
  • Election of three directors to serve until the 2029 annual meeting
  • Advisory approval of 2026 executive compensation
  • Approval of the 2026 Equity Incentive Plan
  • Ratification of Deloitte & Touche LLP as independent auditor for fiscal year ending March 31, 2027

FAQ

What did Seneca Foods (SENEA) shareholders vote on at the 2026 Annual Meeting?

Shareholders voted on director elections, an advisory say-on-pay for 2026 executive compensation, the 2026 Equity Incentive Plan, and ratification of Deloitte & Touche LLP as independent auditor for the year ending March 31, 2027.

Were Seneca Foods (SENEA) directors re-elected at the 2026 Annual Meeting?

Yes. Shareholders elected Peter R. Call, Kraig H. Kayser, and Bruce E. Ware to serve until the 2029 annual meeting, with each nominee receiving over 2.0 million votes For and significant broker non-votes.

How did Seneca Foods (SENEA) shareholders vote on 2026 executive compensation?

Shareholders approved the advisory resolution on 2026 executive compensation, with 2,039,835 votes For, 14,463 Against, 4,036 Abstentions, and 333,939 broker non-votes, indicating broad support for the company’s Named Executive Officers’ pay program.

Was the Seneca Foods (SENEA) 2026 Equity Incentive Plan approved?

Yes. The 2026 Equity Incentive Plan was adopted with 1,918,211 votes For, 139,721 Against, 402 Abstentions, and 333,939 broker non-votes, authorizing the company to continue granting equity-based compensation under the new plan.

Which auditor did Seneca Foods (SENEA) shareholders ratify for fiscal 2027?

Shareholders ratified Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending March 31, 2027, with 2,388,759 votes For, 3,430 Against, and 84 Abstentions, and no broker non-votes reported.

What were the voting share counts for Seneca Foods (SENEA) at the 2026 record date?

Outstanding voting stock included 5,221,238 Class A shares at 0.05 votes each, 1,549,202 Class B shares at 1 vote each, plus preferred issues: 407,240 Series A 10% Cumulative Convertible Voting Preferred, 400,000 Series B, and 200,000 6% Cumulative Voting Preferred shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
false 0000088948 0000088948 2026-08-06 2026-08-06 0000088948 senea:CommonStockClassA025ParCustomMember 2026-08-06 2026-08-06 0000088948 senea:CommonStockClassB025ParCustomMember 2026-08-06 2026-08-06
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 
 

 
FORM 8-K
 
CURRENT REPORT
 
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (date of earliest event reported): August 6, 2026
 
SENECA FOODS CORPORATION
(Exact Name of Registrant as Specified in its Charter)
 
New York
(State or Other Jurisdiction of
Incorporation)
0-01989
(Commission File Number)
16-0733425
(IRS Employer Identification No.)
 
350 WillowBrook Office Park, Fairport, NY 14450
(Address of principal executive offices, including zip code)
 
(585) 495-4100
(Registrant's telephone number, including area code)
 
Not Applicable
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Exchange Act:
Title of Each Class
Trading Symbol
Name of Each Exchange on
Which Registered
Common Stock Class A, $0.25 Par
SENEA
NASDAQ Global Select Market
Common Stock Class B, $0.25 Par
SENEB
NASDAQ Global Select Market
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company 
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 

 
 
Item 5.07         Submission of Matters to a Vote of Security Holders
 
On August 6, 2026, Seneca Foods Corporation (the “Company”) held its 2026 Annual Meeting of Shareholders (“Annual Meeting”). As of the record date established in connection with the Annual Meeting, the following shares of voting stock were issued and outstanding:
 
Voting Stock
 
Shares Outstanding
 
Votes/Share
Class A Common Stock
 
5,221,238
 
0.05:1
Class B Common Stock
 
1,549,202
 
1:1
10% Cumulative Convertible Voting Preferred Stock - Series A
 
407,240
 
1:1
10% Cumulative Convertible Voting Preferred Stock - Series B
 
400,000
 
1:1
6% Cumulative Voting Preferred Stock*
 
200,000
 
1:1
 
*Votes on 6% Cumulative Preferred Stock can only be cast with respect to the elections of directors
 
The proposals voted upon at the Annual Meeting and the results are set forth below.
 
Proposal 1: Election of Directors
 
The Company's shareholders approved the election of the following directors to serve until the 2029 Annual Meeting of Shareholders and until each of their successors is duly elected and shall qualify.
 
Nominee
 
For
   
Withold Authority
   
Broker Non-Votes
 
Peter R. Call
    2,220,159       12,883       333,939  
Kraig H. Kayser
    2,225,522       7,520       333,939  
Bruce E. Ware
    2,065,355       167,687       333,939  
 
Proposal 2: Advisory approval of the compensation of the Companys Named Executive Officers for 2026
 
The Company’s shareholders approved the advisory resolution regarding the compensation of the Company’s Named Executive Officers for 2026.
 
For
   
Against
   
Abstentions
   
Broker Non Votes
 
2,039,835       14,463       4,036       333,939  
 
Proposal 3: Approval of the Seneca Foods Corporation 2026 Equity Incentive Plan
 
The Company’s shareholders approved the adoption of the Seneca Foods Corporation 2026 Equity Incentive Plan.
 
For
   
Against
   
Abstentions
   
Broker Non Votes
 
1,918,211       139,721       402       333,939  
 
Proposal 4: Approval of the Ratification Proposal
 
The Company's shareholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2027.
 
For
   
Against
   
Abstentions
   
Broker Non Votes
 
2,388,759       3,430       84       -  
 
Item 9.01         Financial Statements and Exhibits.
 
(d)          Exhibits
 
Exhibit 104         Cover Page Interactive Data File (embedded within Inline XBRL document) 
 
 

 
 
SIGNATURES
 
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
Date:         August 11, 2026
 
SENECA FOODS CORPORATION
 
       
       
 
By:
/s/ Gregory R. Ide
 
   
Gregory R. Ide
 
   
Vice President and Corporate Controller
 
 
 

Filing Exhibits & Attachments

4 documents