Stran shareholders reelect six directors, OK auditor
Rhea-AI Filing Summary
Stran & Company, Inc. (SWAG) reported results of its 2026 Annual Meeting of Stockholders held on August 24, 2026. Stockholders voted on electing six directors to serve until the 2027 Annual Meeting and on ratifying CBIZ CPAs P.C. as independent registered public accounting firm for the year ending December 31, 2026.
There were 18,639,590 shares of common stock outstanding and entitled to vote as of the June 29, 2026 record date, with 13,461,522 shares (approximately 72.22%) represented, constituting a quorum. All six director nominees received strong support, each receiving more than 11.6 million “for” votes; the highest “for” total was 12,499,093 for Sarah L. Cummins. Stockholders also ratified the appointment of CBIZ CPAs P.C. with 13,458,300 votes for, 3,001 against, and 221 abstentions.
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
Shares outstanding entitled to vote: 18,639,590 shares
Shares represented at meeting: 13,461,522 shares
Quorum percentage: 72.22%
+5 more
8 metrics
Shares outstanding entitled to vote
18,639,590 shares
Common stock outstanding and entitled to vote as of June 29, 2026 record date
Shares represented at meeting
13,461,522 shares
Shares represented in person or by proxy at the 2026 Annual Meeting, approximately 72.22% of eligible shares
Quorum percentage
72.22%
Portion of outstanding common stock represented at the 2026 Annual Meeting
Highest director “For” votes
12,499,093 votes
“For” votes received by director nominee Sarah L. Cummins
Lowest director “For” votes
11,688,773 votes
“For” votes received by director nominee Andrew Stranberg
Auditor ratification For votes
13,458,300 votes
Votes for ratifying CBIZ CPAs P.C. as independent registered public accounting firm for fiscal year ending December 31, 2026
Auditor ratification Against votes
3,001 votes
Votes against ratifying CBIZ CPAs P.C.
Auditor ratification Abstain votes
221 votes
Abstentions on ratifying CBIZ CPAs P.C.
Key Terms
Broker Non-Votes, quorum, independent registered public accounting firm, record date
4 terms
Broker Non-Votes financial
"Broker Non-Votes | ------------------------------------------------------------- Mark Charles Adams"
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 regulatory
"representing approximately 72.22% ... and constituted a quorum to conduct business"
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.
independent registered public accounting firm financial
"CBIZ CPAs P.C. as the Company’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.
record date financial
"At the close of business on the record date for the Annual Meeting, June 29, 2026"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
FAQ
What matters did Stran & Company, Inc. (SWAG) stockholders vote on at the 2026 Annual Meeting?
Stockholders voted on two proposals: electing six directors to serve until the 2027 Annual Meeting and ratifying CBIZ CPAs P.C. as the independent registered public accounting firm for the year ending December 31, 2026.
Were all Stran (SWAG) director nominees elected at the 2026 Annual Meeting?
Yes. All six director nominees were elected to serve until the 2027 Annual Meeting. Each nominee received at least 11,688,773 votes for; for example, Sarah L. Cummins received 12,499,093 votes for and 56,693 votes withheld.
Did Stran (SWAG) stockholders ratify CBIZ CPAs P.C. as auditor for 2026?
Yes. Stockholders ratified the appointment of CBIZ CPAs P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 13,458,300 votes for, 3,001 against, and 221 abstentions, and no broker non-votes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
