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Watsco (NYSE: WSO) shareholders back pay plan and ratify Deloitte at 2026 meeting

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Watsco, Inc. reported the results of its 2026 Annual Meeting of Shareholders. Shareholders elected Ana Lopez-Blazquez as a Common stock director and Cesar L. Alvarez and Denise Dickins as Class B Common stock directors, each with terms expiring in 2029.

Shareholders approved a non-binding advisory resolution on executive compensation, with 80,839,936 votes for and 2,969,397 against. They also ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the 2026 fiscal year, with 86,731,800 votes for and 9,111 against.

Positive

  • None.

Negative

  • None.
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.
Votes for Lopez-Blazquez 24,485,246 votes Election as Common stock director, term expiring 2029
Votes for Alvarez 53,231,431 votes Election as Class B Common stock director, term expiring 2029
Votes for Dickins 53,242,653 votes Election as Class B Common stock director, term expiring 2029
Say-on-pay support 80,839,936 votes for Non-binding advisory vote on executive compensation
Say-on-pay opposition 2,969,397 votes against Non-binding advisory vote on executive compensation
Auditor ratification support 86,731,800 votes for Ratification of Deloitte & Touche LLP for 2026 fiscal year
Auditor ratification opposition 9,111 votes against Ratification of Deloitte & Touche LLP for 2026 fiscal year
non-binding advisory resolution financial
"Approval of a non-binding advisory resolution regarding the compensation of the Company’s named executive officers."
A non-binding advisory resolution is a shareholder vote that expresses investors’ opinion or recommendation but does not legally force the company to act. Think of it like a public survey: management can ignore it, but a strong vote for or against signals investor sentiment, can sway board behavior or policy decisions, and may influence market perception and future, potentially binding, actions.
broker non-votes financial
"Votes For | Votes Against | Abstentions | Broker Non-Votes 80,839,936 | 2,969,397 | 125,790 | 2,870,337"
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
"Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the 2026 fiscal year."
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.
Class B common stock financial
"Class B common stock, $0.50 par value | | WSOB | | New York Stock Exchange"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
Annual Meeting of Shareholders financial
"held its 2026 Annual Meeting of Shareholders (the “Annual Meeting”) on June 1, 2026."
A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 1, 2026

 

 

 

 

 

 

 

WATSCO, INC.

(Exact name of Registrant as Specified in Its Charter)

 

 

Florida

1-5581

59-0778222

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

2665 South Bayshore Drive

Suite 901

 

Miami, Florida

 

33133

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (305) 714-4100

 

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbols

 


Name of each exchange on which registered

Common stock, $0.50 par value

 

WSO

 

New York Stock Exchange

Class B common stock, $0.50 par value

 

WSOB

 

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 


 

Item 5.07. Submission of Matters to a Vote of Security Holders.

 

Watsco, Inc., a Florida corporation (the “Company”), held its 2026 Annual Meeting of Shareholders (the “Annual Meeting”) on June 1, 2026. The final voting results for the proposals submitted to a vote of the Company’s shareholders at the Annual Meeting are as follows:

 

Proposal 1. As set forth in the table that follows, (1) election of one director to serve as a Common stock director by Common shareholders voting as a single class and (2) election of two Class B Common stock directors by Class B common shareholders voting as a single class:

 

Nominee

Term Expires

Votes For

Votes Against

Abstentions

Broker Non-Votes

Common Stock:

 

 

 

 

 

Ana Lopez-Blazquez

2029

24,485,246

6,076,578

17,619

1,629,623

Class B Common Stock:

 

 

 

 

 

Cesar L. Alvarez

2029

53,231,431

111,874

12,375

1,240,714

Denise Dickins

2029

53,242,653

113,027

-

1,240,714

 

Proposal 2. Approval of a non-binding advisory resolution regarding the compensation of the Company’s named executive officers. The combined vote of the Company’s Common and Class B common stock was as follows:

 

Votes For

Votes Against

Abstentions

Broker Non-Votes

80,839,936

2,969,397

125,790

2,870,337

 

Proposal 3. Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the 2026 fiscal year. The combined vote of the Company’s Common and Class B common stock was as follows:

 

Votes For

Votes Against

Abstentions

Broker Non-Votes

86,731,800

9,111

64,545

-

 

 


 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

WATSCO, INC.

 

 

 

 

Date:

June 3, 2026

By:

/s/ Ana M. Menendez

 

 

 

Ana M. Menendez,
Chief Financial Officer

 

 


FAQ

What did Watsco (WSO) shareholders vote on at the 2026 Annual Meeting?

Shareholders voted on electing three directors, approving executive compensation, and ratifying the auditor. One Common stock director and two Class B Common stock directors were elected, say-on-pay passed, and Deloitte & Touche LLP was ratified for the 2026 fiscal year.

Were Watsco (WSO) director nominees elected at the 2026 Annual Meeting?

Yes. Ana Lopez-Blazquez was elected as a Common stock director, and Cesar L. Alvarez and Denise Dickins were elected as Class B Common stock directors. Each was elected to serve terms expiring in 2029 based on shareholder voting support reported in the results.

How did Watsco (WSO) shareholders vote on executive compensation in 2026?

Shareholders approved the non-binding advisory resolution on named executive officer compensation. The proposal received 80,839,936 votes for, 2,969,397 votes against, and 125,790 abstentions, with 2,870,337 broker non-votes reported in the combined Common and Class B common stock vote.

Which auditing firm did Watsco (WSO) shareholders ratify for the 2026 fiscal year?

Shareholders ratified Deloitte & Touche LLP as Watsco’s independent registered public accounting firm for the 2026 fiscal year. The ratification received 86,731,800 votes for, 9,111 votes against, and 64,545 abstentions in the combined vote of Common and Class B shares.

What were the vote totals for Watsco’s (WSO) say-on-pay proposal in 2026?

The say-on-pay proposal received 80,839,936 votes for and 2,969,397 votes against. There were 125,790 abstentions and 2,870,337 broker non-votes, reflecting the combined voting power of the company’s Common and Class B common stock at the Annual Meeting.

How strong was support for Watsco’s (WSO) auditor ratification in 2026?

Support was high, with 86,731,800 votes for the ratification of Deloitte & Touche LLP. Only 9,111 votes were cast against, and 64,545 abstentions were recorded, with no broker non-votes listed for this auditor ratification proposal at the Annual Meeting.

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