Tennant (NYSE: TNC) investors approve board slate and pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Tennant Company reported the results of its 2026 Annual Meeting. Shareholders elected three Class I directors — Carol S. Eicher, Maria C. Green, and Donal L. Mulligan — each to a three-year term expiring in 2029.
Shareholders ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the year ending December 31, 2026. They also gave advisory approval to the Company’s executive compensation program. Of 18,007,425 shares entitled to vote, 16,757,583 shares, or 93.05%, were represented at the meeting.
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 entitled to vote: 18,007,425 shares
Shares represented: 16,757,583 shares
Quorum percentage: 93.05%
+5 more
8 metrics
Shares entitled to vote
18,007,425 shares
Common stock entitled to vote at 2026 Annual Meeting
Shares represented
16,757,583 shares
Shares represented at meeting, 93.05% of eligible
Quorum percentage
93.05%
Percentage of entitled shares represented at meeting
Votes for Eicher
15,293,111 votes
For votes electing Carol S. Eicher as Class I director
Votes for Green
15,271,510 votes
For votes electing Maria C. Green as Class I director
Votes for Mulligan
15,278,918 votes
For votes electing Donal L. Mulligan as Class I director
Votes for auditor ratification
16,681,022 votes
For votes ratifying Deloitte & Touche LLP for 2026
Votes for say-on-pay
15,745,471 votes
For votes on advisory approval of executive compensation
Key Terms
Annual Meeting, independent registered public accounting firm, advisory approval on executive compensation, broker non-vote, +1 more
5 terms
Annual Meeting regulatory
"Tennant Company (the “Company”) held the 2026 Annual Meeting for purposes of electing three directors"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
independent registered public accounting firm regulatory
"ratifying the appointment of Deloitte & Touche LLP as the independent registered public accounting firm of the Company"
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.
advisory approval on executive compensation financial
"and providing advisory approval on executive compensation."
broker non-vote regulatory
"Abstain | Broker Non-Vote 1. Each of the following three Class I directors"
Class I directors regulatory
"Each of the following three Class I directors was elected for a three-year term expiring in 2029"
Class I directors are the subset of a company’s board whose terms expire at a specific annual meeting under a staggered election system that divides directors into multiple groups with different re-election years. For investors this matters because staggered classes slow how quickly shareholders can replace the board, affecting takeover risk, governance change and the pace of corporate decisions — like rotating only part of a team instead of swapping everyone at once.
FAQ
Which directors were elected at Tennant (TNC)’s 2026 Annual Meeting?
Shareholders elected three Class I directors for terms expiring in 2029: Carol S. Eicher, Maria C. Green, and Donal L. Mulligan. Each director received more votes “For” than “Against,” with additional abstentions and broker non-votes reported in the detailed vote tally.
What were the results of Tennant (TNC)’s say-on-pay vote in 2026?
Shareholders gave advisory approval to Tennant’s executive compensation. The advisory resolution received 15,745,471 votes For, 291,577 votes Against, and 29,501 Abstentions, with 691,034 broker non-votes. This indicates shareholder support for the company’s current executive pay practices as presented.