Star Equity (NASDAQ: STRR) investors back directors and pay plan
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Star Equity Holdings, Inc. reported the results of its Annual Meeting of Stockholders held on May 27, 2026. As of the March 31, 2026 record date, 3,707,314 shares of common stock were outstanding, and 3,176,323 shares were represented in person or by proxy, constituting a quorum.
Stockholders elected seven directors to serve until the 2027 annual meeting, with each nominee receiving over 2.20 million votes in favor and substantial broker non-votes. They also approved, on a non-binding advisory basis, the compensation of Star’s named executive officers.
Finally, stockholders ratified the appointment of Wolf & Company, P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 3,173,908 votes for and only 2,415 votes against, indicating strong support for the auditor selection.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.07, 9.01
2 items
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.
Key Figures
Shares outstanding: 3,707,314 shares
Shares represented at meeting: 3,176,323 shares
Say-on-pay votes for: 2,047,900 votes
+2 more
5 metrics
Shares outstanding
3,707,314 shares
Common stock outstanding and entitled to vote as of March 31, 2026
Shares represented at meeting
3,176,323 shares
Common stock represented in person or by proxy at 2026 annual meeting
Say-on-pay votes for
2,047,900 votes
Votes for approval of named executive officer compensation (Proposal 2)
Auditor ratification votes for
3,173,908 votes
Votes for ratification of Wolf & Company, P.C. as auditor for 2026
Director example votes for
2,244,844 votes
Votes for director nominee Mimi K. Drake under Proposal 1
Key Terms
Annual Meeting of Stockholders, non-binding advisory basis, independent registered public accounting firm, Broker Non-Votes, +1 more
5 terms
Annual Meeting of Stockholders financial
"Star Equity Holdings, Inc. (“Star”) held its Annual Meeting of Stockholders on May 27, 2026"
non-binding advisory basis financial
"Approved, on a non-binding advisory basis, the compensation of Star’s named executive officers"
A non-binding advisory basis is guidance or a recommendation offered for informational purposes that does not create legal obligations or guarantees; recipients can accept, modify, or ignore it without contractual consequences. Investors should treat it like a weather forecast for planning—useful for forming expectations and assessing risk, but not a firm promise—so they should verify assumptions, seek confirming information, and avoid relying on it as the sole basis for investment decisions.
independent registered public accounting firm financial
"Ratified the appointment of Wolf & Company, P.C. as Star’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.
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.
quorum financial
"3,176,323 shares of Common Stock were represented in person or by proxy at the Annual Meeting, which constituted a quorum"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
FAQ
What did Star Equity Holdings (STRR) stockholders vote on at the 2026 annual meeting?
Stockholders voted on electing seven directors, approving executive compensation on a non-binding advisory basis, and ratifying Wolf & Company, P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2026, confirming the company’s proposed governance and audit choices.
Were Star Equity’s director nominees elected at the 2026 annual meeting?
All seven director nominees, including Mimi K. Drake and Jeffrey E. Eberwein, were elected to the board. Each nominee received more than 2.20 million votes for, with relatively few votes withheld and 927,862 broker non-votes recorded for each director election proposal.
Which audit firm did Star Equity stockholders ratify for fiscal 2026?
Stockholders ratified Wolf & Company, P.C. as Star Equity’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The proposal received 3,173,908 votes for, 2,415 against, and no abstentions or broker non-votes, reflecting strong backing for the auditor selection.
Did Star Equity achieve a quorum for its 2026 annual stockholder meeting?
Yes, Star Equity achieved a quorum for its 2026 annual meeting. Of the 3,707,314 shares of common stock entitled to vote as of March 31, 2026, a total of 3,176,323 shares were represented in person or by proxy, allowing all scheduled proposals to be considered.