W. R. Berkley (NYSE: WRB) investors back directors, pay and KPMG
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
W. R. Berkley Corporation reported the results of its annual meeting of stockholders held on June 3, 2026. Shareholders elected five directors with strong support, including W. Robert Berkley, Jr., who received 344,315,966 votes for and 3,079,856 against.
Stockholders also approved, on a non-binding advisory basis, the compensation of the company’s named executive officers, with 339,651,297 votes for and 5,149,752 against. In addition, they ratified the appointment of KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 355,949,139 votes for and 12,941,192 against.
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 W. Robert Berkley, Jr.: 344,315,966 for; 3,079,856 against
Votes for Andrew J. Carrier: 343,501,667 for; 3,777,847 against
Say-on-pay support: 339,651,297 for; 5,149,752 against
+2 more
5 metrics
Votes for W. Robert Berkley, Jr.
344,315,966 for; 3,079,856 against
Director election at June 3, 2026 annual meeting
Votes for Andrew J. Carrier
343,501,667 for; 3,777,847 against
Director election at June 3, 2026 annual meeting
Say-on-pay support
339,651,297 for; 5,149,752 against
Non-binding advisory vote on executive compensation
Auditor ratification votes
355,949,139 for; 12,941,192 against
Ratification of KPMG LLP for fiscal year ending Dec. 31, 2026
Broker non-votes on proposals
21,517,695 broker non-votes
Each director election and say-on-pay proposal
Key Terms
non-binding advisory basis, say-on-pay vote, broker non votes, independent registered public accounting firm, +1 more
5 terms
non-binding advisory basis financial
"a resolution approving, on a non-binding advisory basis, the compensation of the Company’s named executive officers"
A non-binding advisory basis is guidance or a recommendation offered for informational purposes that does not create legal obligations or guarantees; recipients can accept, modify, or ignore it without contractual consequences. Investors should treat it like a weather forecast for planning—useful for forming expectations and assessing risk, but not a firm promise—so they should verify assumptions, seek confirming information, and avoid relying on it as the sole basis for investment decisions.
say-on-pay vote financial
"the “say-on-pay” vote; and (iii) the ratification of the appointment"
A say-on-pay vote is a shareholder advisory vote on a company’s executive compensation package, usually held at the annual meeting to approve or voice disapproval of how top managers are paid. Think of it as a feedback button for owners: while the vote is often nonbinding, a strong negative outcome warns of governance problems, can force pay-policy changes, damage board credibility and ultimately influence long-term shareholder returns.
broker non votes financial
"Nominee | For | Against | Abstain | Broker Non Votes"
independent registered public accounting firm financial
"the appointment of KPMG 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.
emerging growth company regulatory
"Emerging growth company Item 5.07 Submission of Matters"
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
Were there significant broker non-votes at W. R. Berkley’s 2026 meeting?
Yes. Each director election and the say-on-pay proposal recorded 21,517,695 broker non-votes. Broker non-votes occur when brokers lack authority to vote uninstructed shares on certain proposals.