Westlake (NYSE: WLK) investors approve directors, say-on-pay and PwC as 2026 auditor
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Westlake Corporation reported results of its 2026 annual stockholder meeting. Stockholders elected five directors to the Board, with votes for individual nominees ranging from 116,153,586 to 122,162,962 shares, plus broker non-votes. An advisory vote to approve named executive officer compensation passed with 121,890,636 votes for, 1,497,095 against and 88,139 abstentions, along with 1,921,982 broker non-votes. Stockholders also ratified the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 124,742,536 votes for, 643,992 against and 11,324 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 highest-supported director: 122,162,962 shares
Votes for lowest-supported director: 116,153,586 shares
Say-on-pay votes for: 121,890,636 shares
+4 more
7 metrics
Votes for highest-supported director
122,162,962 shares
Votes for director nominee Kimberly S. Lubel
Votes for lowest-supported director
116,153,586 shares
Votes for director nominee Jeffrey W. Sheets
Say-on-pay votes for
121,890,636 shares
Advisory approval of named executive officer compensation
Say-on-pay votes against
1,497,095 shares
Advisory approval of named executive officer compensation
Broker non-votes on say-on-pay
1,921,982 shares
Advisory vote on named executive officer compensation
Auditor ratification votes for
124,742,536 shares
Ratification of PricewaterhouseCoopers LLP for 2026
Auditor ratification votes against
643,992 shares
Ratification of PricewaterhouseCoopers LLP for 2026
Key Terms
broker non-votes, advisory vote to approve named executive officer compensation, independent registered public accounting firm, annual meeting of stockholders
4 terms
broker non-votes financial
"The following tabulation sets forth the number of votes cast for, against or withheld and the number of abstentions and broker non-votes, as applicable."
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.
advisory vote to approve named executive officer compensation financial
"the advisory vote to approve named executive officer compensation was approved"
independent registered public accounting firm financial
"the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 was ratified"
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
"Three matters were voted upon by the stockholders of Westlake Corporation at its annual meeting of stockholders held on May 14, 2026"
FAQ
What did Westlake Corporation (WLK) stockholders vote on at the 2026 annual meeting?
Stockholders voted on three items: electing five directors, approving an advisory vote on named executive officer compensation, and ratifying PricewaterhouseCoopers LLP as independent auditor for the fiscal year ending December 31, 2026.
Were all Westlake Corporation (WLK) director nominees elected in 2026?
All five director nominees were elected. Votes for individual directors ranged from 116,153,586 to 122,162,962 shares, with additional broker non-votes reported for each nominee in the tabulation provided.
What were the broker non-votes reported at Westlake Corporation’s 2026 meeting?
Broker non-votes totaled 1,921,982 shares for the director elections and the advisory vote on executive compensation. Broker non-votes arise when brokers lack discretionary authority to vote on certain proposals without client instructions.