Vertex elects directors, ratifies 2026 auditor
Vertex, Inc. reported the results of its Annual Meeting of Stockholders.
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Form Type
8-K
Rhea-AI Filing Summary
Vertex, Inc. reported the results of its Annual Meeting of Stockholders. Stockholders elected Eric Andersen, David DeStefano, and Christopher Young as directors to serve until the 2029 annual meeting or earlier replacement events. Andersen received 815,856,932 votes for, DeStefano 835,946,632, and Young 837,340,096, each with additional withheld and broker non-vote totals.
Stockholders also ratified the appointment of Crowe LLP as independent auditor for the fiscal year ending December 31, 2026, with 846,882,485 votes for, 19,075 against, and 50,296 abstentions, and no broker non-votes reported for this proposal.
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 Eric Andersen: 815,856,932 votes
Votes for David DeStefano: 835,946,632 votes
Votes for Christopher Young: 837,340,096 votes
+3 more
6 metrics
Votes for Eric Andersen
815,856,932 votes
Director election at Annual Meeting
Votes for David DeStefano
835,946,632 votes
Director election at Annual Meeting
Votes for Christopher Young
837,340,096 votes
Director election at Annual Meeting
Votes for Crowe LLP ratification
846,882,485 votes
Auditor ratification for fiscal year ending December 31, 2026
Votes against Crowe LLP ratification
19,075 votes
Auditor ratification proposal
Abstentions on Crowe LLP ratification
50,296 votes
Auditor ratification proposal
Key Terms
Annual Meeting of Stockholders, Broker Non-Votes, independent auditor, Emerging growth company, +1 more
5 terms
Annual Meeting of Stockholders financial
"On June 10, 2026, Vertex, Inc. held its Annual Meeting of Stockholders."
Broker Non-Votes financial
"Nominee | For | Withheld | Broker Non-Votes Eric Andersen | 815,856,932.000 |"
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 auditor financial
"The appointment of Crowe LLP as our independent auditor for the fiscal year ending December 31, 2026 was ratified"
An independent auditor is an outside, qualified accounting professional or firm that examines a company's financial records and controls to determine whether its financial statements are accurate and prepared according to accepted accounting rules. Like a neutral referee or home inspector, the auditor issues a report that gives investors confidence (or raises red flags) about the reliability of the numbers, which affects assessments of risk, valuation and investment decisions.
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.
Class A Common Stock financial
"Class A Common Stock, $0.001 par value per share | | VERX"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Vertex (VERX) announce in its recent Form 8-K?
Vertex reported results of its Annual Meeting of Stockholders. Shareholders elected three directors through 2029 and ratified Crowe LLP as independent auditor for the fiscal year ending December 31, 2026, with detailed vote counts for each proposal.
Which directors were elected at Vertex (VERX)'s 2026 annual meeting?
Stockholders elected Eric Andersen, David DeStefano, and Christopher Young as directors. Each will serve until the 2029 Annual Meeting of Stockholders or earlier replacement events, based on strong support reflected in their individual vote totals.
How many votes did Vertex (VERX) director nominees receive?
Eric Andersen received 815,856,932 votes for, David DeStefano 835,946,632, and Christopher Young 837,340,096. Each nominee also had votes withheld and broker non-votes recorded, indicating broad approval with some non-participating broker-held shares.
What are broker non-votes in Vertex (VERX)'s annual meeting results?
Broker non-votes are shares held by brokers that were not voted on a proposal. Vertex’s director elections showed broker non-votes, such as 7,910,119 on each nominee, reflecting shares present but not voting on those specific items.
How long will the newly elected Vertex (VERX) directors serve?
Each newly elected director will hold office until the 2029 Annual Meeting of Stockholders. Their terms can also end earlier upon death, disqualification, resignation, removal, or appointment of a successor according to the company’s governance framework.
AI-generated analysis. How Rhea-AI works. Not financial advice.
