UTG Inc (NASDAQ: UTGN) details 2026 director election votes
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
UTG, Inc. held its Annual Meeting of Shareholders on June 30, 2026. Shareholders voted on the election of seven directors: Jesse T. Correll, Preston H. Correll, John M. Cortines, Thomas F. Darden, II, Gabriel J. Molnar, Peter L. Ochs, and Charles W. Perry.
Each nominee received 2,266,631 votes "for" and 282 votes "withheld," with 173,642 broker non-votes recorded for each director. The filing is signed on behalf of the company by Senior Vice President and Chief Financial Officer Theodore C. Miller.
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 each director: 2,266,631 votes
Votes withheld each director: 282 votes
Broker non-votes each director: 173,642 votes
3 metrics
Votes for each director
2,266,631 votes
Director elections at Annual Meeting on June 30, 2026
Votes withheld each director
282 votes
Director elections at Annual Meeting on June 30, 2026
Broker non-votes each director
173,642 votes
Director elections at Annual Meeting on June 30, 2026
Key Terms
Annual Meeting of Shareholders, Broker Non-Votes, Exchange Act
3 terms
Broker Non-Votes financial
"For | Withheld | Broker Non-Votes ... 2,266,631 | 282 | 173,642"
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.
Exchange Act regulatory
"pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)"
A federal law that sets rules for trading securities on public exchanges, requiring companies and market participants to register, disclose regular financial information, and follow standards that promote honest, orderly markets. For investors, it matters because it creates transparency and legal protections—like stopping insider trading and ensuring timely company disclosures—so you can evaluate risks and rely on consistent rules much as players rely on a referee to keep a game fair.
FAQ
What were the director election results for UTGN on June 30, 2026?
Each UTG, Inc. director nominee received 2,266,631 votes "for" and 282 votes "withheld," with 173,642 broker non-votes. These identical results apply to all seven nominees, indicating strong shareholder support across the full slate presented at the Annual Meeting.
Were there broker non-votes in UTGN’s 2026 director elections?
Yes. For each UTG, Inc. director nominee, 173,642 broker non-votes were recorded. Broker non-votes typically reflect shares held by brokers that did not receive voting instructions on a non-routine matter, and they can affect quorum and outcome calculations depending on the proposal type.
How many directors were up for election at UTGN’s 2026 meeting?
Seven directors were up for election at UTG, Inc.’s June 30, 2026 Annual Meeting. The nominees were Jesse T. Correll, Preston H. Correll, John M. Cortines, Thomas F. Darden II, Gabriel J. Molnar, Peter L. Ochs, and Charles W. Perry, each standing for shareholder approval.