Standard Premium Finance sets triennial pay vote
Standard Premium Finance Holdings, Inc. has decided to hold future stockholder advisory votes on the compensation of its named executive officers, commonly called say-on-pay votes, every three years.
Rhea-AI Filing Summary
Standard Premium Finance Holdings, Inc. has decided to hold future stockholder advisory votes on the compensation of its named executive officers, commonly called say-on-pay votes, every three years. This timing follows both the recommendation of its board of directors and the preference expressed by stockholders.
At the 2026 Annual Meeting of Stockholders, 1,250,939 shares voted for a three-year frequency, 418,713 shares for two years and 340,263 shares for one year, with no abstentions and no broker non-votes. The next advisory vote on the frequency of say-on-pay votes is required to occur no later than the company’s 2029 Annual Meeting of Stockholders.
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 three-year frequency: 1,250,939 shares
Votes for two-year frequency: 418,713 shares
Votes for one-year frequency: 340,263 shares
+3 more
6 metrics
Votes for three-year frequency
1,250,939 shares
Non-binding advisory vote at 2026 Annual Meeting on say-on-pay frequency
Votes for two-year frequency
418,713 shares
Non-binding advisory vote at 2026 Annual Meeting on say-on-pay frequency
Votes for one-year frequency
340,263 shares
Non-binding advisory vote at 2026 Annual Meeting on say-on-pay frequency
Abstentions
0 shares
Say-on-pay frequency advisory vote at 2026 Annual Meeting
Broker non-votes
0
Say-on-pay frequency advisory vote at 2026 Annual Meeting
Next required frequency vote deadline
2029 Annual Meeting of Stockholders
Latest date for next advisory vote on say-on-pay frequency
Key Terms
non-binding advisory vote, say on pay, broker non-votes, Annual Meeting of Stockholders
4 terms
non-binding advisory vote regulatory
"in a non-binding advisory vote on the frequency of future say on pay votes"
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.
say on pay regulatory
"how frequently it will conduct future stockholder advisory votes to approve compensation (“say on pay”)"
Say on pay is a shareholder vote—typically nonbinding—on a company’s executive compensation package, allowing investors to approve or reject how top managers are paid. Think of it as a public performance review: widespread disapproval can signal poor governance, prompt changes to pay practices, attract activist investors, and influence investor confidence and share value. It matters because it gives owners a direct way to influence compensation that affects company incentives and long-term performance.
broker non-votes regulatory
"340,263 shares voted for one year, 0 shares abstained and there were 0 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.
Annual Meeting of Stockholders regulatory
"the Company’s 2026 Annual Meeting of Stockholders held on June 12, 2026"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What say-on-pay frequency did SPFX choose going forward?
Standard Premium Finance Holdings, Inc. chose to hold say-on-pay votes every three years. This triennial schedule aligns with the preference expressed in the 2026 stockholder advisory vote and with the company’s board recommendation.
How did SPFX stockholders vote on say-on-pay frequency in 2026?
In 2026, SPFX stockholders cast 1,250,939 shares for three years, 418,713 for two years, 340,263 for one year, with 0 abstentions and 0 broker non-votes in the non-binding say-on-pay frequency advisory vote.
When is SPFX required to hold the next say-on-pay frequency vote?
The next advisory vote on the frequency of say-on-pay votes for SPFX is required to occur no later than the company’s 2029 Annual Meeting of Stockholders, at which investors can again express a preference.
Is the SPFX say-on-pay frequency vote binding on the company?
The 2026 SPFX say-on-pay frequency vote was a non-binding advisory vote. The company nonetheless adopted the triennial schedule that received the highest share support and matched the board’s recommendation.
Did SPFX follow its board’s recommendation on say-on-pay frequency?
Yes. SPFX determined to hold say-on-pay votes every three years, consistent with the three-year frequency recommended by its board of directors in the proxy materials for the 2026 Annual Meeting.
AI-generated analysis. How Rhea-AI works. Not financial advice.
