UL Solutions (NYSE: ULS) investors approve board, auditor and executive pay package
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
UL Solutions Inc. reported the results of its annual meeting of stockholders held on May 20, 2026. All nominated directors were elected, each receiving over 1.30 billion votes for and only small numbers of votes withheld, with additional broker non-votes recorded.
Stockholders also approved the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 1,311,567,266 votes for and minimal opposition. In addition, on an advisory basis, stockholders approved the compensation of the company’s named executive officers, with 1,309,460,219 votes for, 871,530 against, and 30,075 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
Votes for CEO director nominee: 1,310,101,683 votes
Auditor ratification votes for: 1,311,567,266 votes
Say-on-pay votes for: 1,309,460,219 votes
+3 more
6 metrics
Votes for CEO director nominee
1,310,101,683 votes
Votes for election of director Jennifer F. Scanlon
Auditor ratification votes for
1,311,567,266 votes
Ratification of PricewaterhouseCoopers LLP for fiscal year ending December 31, 2026
Say-on-pay votes for
1,309,460,219 votes
Advisory approval of compensation of named executive officers
Say-on-pay votes against
871,530 votes
Advisory compensation proposal opposition
Broker non-votes on director elections
2,048,924 votes
Broker non-votes recorded for each director nominee
Auditor ratification abstentions
728,795 votes
Abstentions on PricewaterhouseCoopers LLP ratification
Key Terms
broker non-votes, independent registered public accounting firm, advisory basis, emerging growth company
4 terms
broker non-votes financial
"Votes For | Votes Withheld | Broker Non-Votes Election of directors"
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.
independent registered public accounting firm financial
"retention 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.
advisory basis financial
"Approval, on an advisory basis, of the compensation of the Company’s named executive officers"
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What did UL Solutions Inc. (ULS) stockholders decide at the 2026 annual meeting?
Stockholders elected all nominated directors and approved two key proposals. They ratified PricewaterhouseCoopers LLP as auditor for 2026 and, on an advisory basis, approved compensation for named executive officers, indicating broad support for current governance and pay practices.
Were all director nominees elected at the UL Solutions Inc. (ULS) 2026 annual meeting?
Yes, all listed director nominees were elected with strong support. Each director received over 1.30 billion votes for, with relatively small withheld votes and 2,048,924 broker non-votes recorded for each nominee, signaling broad stockholder backing of the board slate.
How did UL Solutions Inc. (ULS) stockholders vote on executive compensation?
Stockholders approved, on an advisory basis, the compensation of named executive officers. The vote totaled 1,309,460,219 for, 871,530 against, and 30,075 abstentions, with 2,048,924 broker non-votes, suggesting general stockholder support for the company’s executive pay program.
Which auditing firm did UL Solutions Inc. (ULS) stockholders ratify for fiscal 2026?
Stockholders ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026. The proposal received 1,311,567,266 votes for, 114,687 against, and 728,795 abstentions, showing very strong approval of the auditor choice.
What are broker non-votes in the UL Solutions Inc. (ULS) 2026 vote results?
Broker non-votes are shares held by brokers that were not voted on certain proposals. For each director and the advisory pay vote, 2,048,924 broker non-votes appeared, typically reflecting uninstructed shares on matters where brokers lack discretionary voting authority.