SenesTech (SNES) shareholders back directors, equity plan and 2026 auditor
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
SenesTech, Inc. reported the voting results from its 2026 annual meeting of stockholders held on June 9, 2026. Stockholders elected Class I directors Jake S. Leach and Joshua M. Moss to three-year terms running until the 2029 annual meeting.
Investors also approved, on a non-binding advisory basis, the 2025 executive compensation package in the Say-on-Pay proposal. The 2018 Equity Incentive Plan was amended to add 1,200,000 additional shares of common stock available for issuance. Stockholders further ratified M&K CPAS, PLLC as the independent registered public accounting firm for the fiscal year ending December 31, 2026.
Positive
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Negative
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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
Leach election votes for: 1,293,056 votes
Moss election votes for: 1,319,573 votes
Say-on-Pay votes for: 1,184,641 votes
+3 more
6 metrics
Leach election votes for
1,293,056 votes
Election of Jake S. Leach as Class I director
Moss election votes for
1,319,573 votes
Election of Joshua M. Moss as Class I director
Say-on-Pay votes for
1,184,641 votes
Advisory approval of 2025 executive compensation
Equity plan share increase
1,200,000 shares
Increase in shares under 2018 Equity Incentive Plan
Auditor ratification votes for
2,754,180 votes
Ratification of M&K CPAS, PLLC for fiscal 2026
Say-on-Pay broker non-votes
1,685,508 votes
Broker non-votes on advisory compensation proposal
Key Terms
Say-on-Pay, 2018 Equity Incentive Plan, broker non-votes, independent registered public accounting firm, +1 more
5 terms
Say-on-Pay financial
"approved, on a non-binding advisory basis, the compensation of our named executive officers for fiscal 2025 (“Say-on-Pay”)."
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.
2018 Equity Incentive Plan financial
"approved an amendment to our 2018 Equity Incentive Plan (the “2018 Plan”) to increase the number of shares"
broker non-votes regulatory
"as well as the number of abstentions and broker non-votes with respect to each matter."
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
"ratified the appointment of M&K CPAS, PLLC as our 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.
annual meeting of stockholders regulatory
"held its 2026 annual meeting of stockholders (the “Annual Meeting”)."
FAQ
What did SenesTech (SNES) stockholders approve at the 2026 annual meeting?
Stockholders elected two Class I directors, approved 2025 executive compensation on a non-binding basis, amended the 2018 Equity Incentive Plan to add 1,200,000 shares, and ratified M&K CPAS, PLLC as independent auditor for the fiscal year ending December 31, 2026.
Who was elected to SenesTech (SNES) board as Class I directors in 2026?
Jake S. Leach and Joshua M. Moss were elected as Class I directors. They will each serve three-year terms, expiring at the 2029 annual meeting of stockholders, and will continue until their successors are duly elected and qualified under the company’s governance framework.
How did SenesTech (SNES) stockholders vote on the 2025 Say-on-Pay proposal?
The 2025 Say-on-Pay proposal passed with 1,184,641 votes for, 122,408 against, and 57,785 abstentions, plus 1,685,508 broker non-votes. This non-binding advisory vote reflects stockholder views on compensation for SenesTech’s named executive officers for fiscal year 2025.
What change was made to SenesTech’s 2018 Equity Incentive Plan?
Stockholders approved an amendment to the 2018 Equity Incentive Plan to increase available common shares by 1,200,000. The vote tally was 1,155,241 for, 204,833 against, 4,760 abstentions, and 1,685,508 broker non-votes, expanding the pool for future equity awards.
Which audit firm did SenesTech (SNES) stockholders ratify for fiscal 2026?
Stockholders ratified M&K CPAS, PLLC as independent registered public accounting firm for the year ending December 31, 2026. The vote was 2,754,180 for, 225,124 against, and 71,038 abstentions, with no broker non-votes reported for this auditor ratification proposal.
What were the vote totals for SenesTech (SNES) director elections in 2026?
For Jake S. Leach, there were 1,293,056 votes for, 71,778 withheld, and 1,685,508 broker non-votes. For Joshua M. Moss, there were 1,319,573 votes for, 45,261 withheld, and 1,685,508 broker non-votes, confirming both as Class I directors through the 2029 meeting.