STOCK TITAN

Molson Coors (NYSE: TAP) investors back directors, say-on-pay and PwC

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(Moderate)
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(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Molson Coors Beverage Company reported the results of its 2026 annual meeting. Stockholders elected all nominated directors for both Class A and Class B common stock, with each nominee receiving a majority of votes cast. A non-binding advisory vote approved compensation for the named executive officers, with 153,627,533 votes for, 7,383,703 against and 207,074 abstentions, plus 13,660 broker non-votes. Class A holders also ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 5,065,943 votes for, 1,033 against and no abstentions.

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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.
Say-on-pay votes for 153,627,533 votes Non-binding advisory vote on executive compensation
Say-on-pay votes against 7,383,703 votes Non-binding advisory vote on executive compensation
PwC auditor ratification votes for 5,065,943 votes Ratification of PricewaterhouseCoopers LLP for fiscal year ending December 31, 2026
PwC auditor ratification votes against 1,033 votes Ratification of PricewaterhouseCoopers LLP for fiscal year ending December 31, 2026
Class A votes for Winnefeld 5,052,615 votes Election of James “Sandy” A. Winnefeld Jr. as Class A director
Class B votes for Cocks 151,362,798 votes Election of Christian “Chris” P. Cocks as Class B director
broker non-votes financial
"For 153,627,533 | Against 7,383,703 | Abstain 207,074 | Broker Non-Votes 13,660"
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.
non-binding advisory vote financial
"regarding the approval, in a non-binding advisory vote, of the compensation"
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.
independent registered public accounting firm financial
"ratification of the appointment of PricewaterhouseCoopers LLP 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.
Annual Meeting of Stockholders financial
"At the 2026 Annual Meeting of Stockholders of Molson Coors Beverage Company"
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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): May 6, 2026

 

MOLSON COORS BEVERAGE COMPANY

(Exact name of registrant as specified in its charter)

 

Commission File Number: 001-14829

 

Delaware 84-0178360
(State or other jurisdiction of incorporation) (IRS Employer Identification No.)

 

P.O. Box 4030, BC555, Golden, Colorado 80401

111 Boulevard Robert-Bourassa, 9th Floor, Montréal, Québec, Canada H3C 2M1

(Address of principal executive offices, including zip code)

 

(303) 279-6565 / (514) 521-1786

(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:

 

¨ 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 Act:

 

Title of each class Trading symbols Name of each exchange on which registered
Class A Common Stock, par value $0.01 TAP.A New York Stock Exchange
Class B Common Stock, par value $0.01 TAP New York Stock Exchange
3.800% Senior Notes due 2032 TAP 32 New York Stock Exchange

 

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.

 

At the 2026 Annual Meeting of Stockholders of Molson Coors Beverage Company (the “Company”) held on May 6, 2026 (the “Annual Meeting”), the Company’s stockholders voted on three proposals that are described in detail in the Company’s definitive proxy statement on Schedule 14A for the Annual Meeting, filed with the Securities and Exchange Commission on March 25, 2026. Set forth below are the matters the stockholders voted on at the Annual Meeting and the final voting results.

 

Proposal 1:

 

Votes of the Company’s Class A and Class B common stock, respectively, regarding the election of the persons named below as directors for a one-year term were as follows:

 

CLASS A DIRECTOR NOMINEE   For   Withheld   Broker Non-Votes
David S. Coors   5,052,267   1,049   13,660
Peter J. Coors   5,052,266   1,050   13,660
Mary Lynn Ferguson-McHugh   5,052,542   774   13,660
Rahul Goyal   5,052,157   1,159   13,660
Andrew T. Molson   5,052,324   992   13,660
Geoffrey E. Molson   5,052,275   1,041   13,660
Nessa O'Sullivan   5,052,424   892   13,660
H. Sanford Riley   5,052,335   981   13,660
Jill Timm   5,052,261   1,055   13,660
Leroy J. Williams, Jr.   5,052,495   821   13,660
James “Sandy” A. Winnefeld, Jr.   5,052,615   701   13,660

 

 

CLASS B DIRECTOR NOMINEE   For   Withheld   Broker Non-Votes
Christian “Chris” P. Cocks Cocks   151,362,798   4,802,196   -
Roger G. Eaton   103,496,124   52,668,870   -
Charles M. Herington   150,536,538   5,628,456   -

 

Proposal 2:

 

Votes of the Company’s Class A and Class B common stock, together as a single class, regarding the approval, in a non-binding advisory vote, of the compensation of the Company’s named executive officers were as follows:

 

For   Against   Abstain   Broker Non-Votes
153,627,533   7,383,703   207,074   13,660

 

Proposal 3:

 

Votes of the Company’s Class A common stock regarding the ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 were as follows:

 

For   Against   Abstain   Broker Non-Votes
5,065,943   1,033   0   n/a

 

2

 

 

Signature

 

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.

 

      MOLSON COORS BEVERAGE COMPANY
       
Date: May 8, 2026 By: /s/ Natalie G. Maciolek
      Natalie G. Maciolek
      Chief Legal, Communications & Government Affairs Officer and Secretary

 

3

 

FAQ

What did Molson Coors (TAP) shareholders decide at the 2026 annual meeting?

Shareholders elected all nominated directors, approved executive compensation in a non-binding advisory vote, and ratified PricewaterhouseCoopers LLP as independent auditor for 2026. The voting results indicate broad support across director elections, pay practices, and the company’s choice of external audit firm.

How did Molson Coors (TAP) shareholders vote on executive compensation in 2026?

Shareholders approved Molson Coors’ named executive officer compensation in a non-binding advisory vote. There were 153,627,533 votes for, 7,383,703 against, 207,074 abstentions and 13,660 broker non-votes, indicating a strong majority in favor of the company’s current executive pay program and structure.

Were all Molson Coors director nominees elected at the 2026 annual meeting?

Yes. All Class A and Class B director nominees received sufficient support to be elected for one-year terms. For example, Class A nominee James “Sandy” A. Winnefeld Jr. received 5,052,615 for and 701 withheld votes, while Class B nominee Christian “Chris” P. Cocks received 151,362,798 for and 4,802,196 withheld.

Which audit firm did Molson Coors (TAP) shareholders ratify for fiscal 2026?

Class A shareholders ratified PricewaterhouseCoopers LLP as Molson Coors’ independent registered public accounting firm for the year ending December 31, 2026. The vote totaled 5,065,943 for, 1,033 against and zero abstentions, showing very strong support for continuing with the same external auditor.

How did Class B shareholders of Molson Coors vote on specific director nominees?

Class B shareholders generally supported the director slate, though support levels varied by nominee. For instance, Christian “Chris” P. Cocks received 151,362,798 for and 4,802,196 withheld votes, while Roger G. Eaton received 103,496,124 for and 52,668,870 withheld, reflecting differing levels of investor backing.

Filing Exhibits & Attachments

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