Willamette Valley Vineyards (NASDAQ: WVVI) details 2026 shareholder voting results
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Willamette Valley Vineyards, Inc. held its 2026 Annual Meeting of Shareholders virtually from Turner, Oregon, with 2,990,753 shares of Common Stock represented, about 60.06% of shares outstanding and eligible to vote, satisfying quorum requirements.
Shareholders elected directors James W. Bernau and Sean M. Cary to terms ending in 2029. Bernau received 2,111,849 votes for (91.07% of votes cast) and Cary received 2,131,515 votes for (91.92% of votes cast).
Shareholders also ratified the appointment of Baker Tilly US, LLP as independent auditors for the 2026 fiscal year with 2,924,241 votes for (97.78% of votes cast). In an advisory, non-binding vote, shareholders approved executive compensation, with 1,909,516 votes for (82.34% of votes cast).
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
Shares represented: 2,990,753 shares
Quorum percentage: 60.06%
Votes for James W. Bernau: 2,111,849 votes (91.07%)
+2 more
5 metrics
Shares represented
2,990,753 shares
Common Stock represented at the 2026 Annual Meeting, about 60.06% of shares eligible to vote
Quorum percentage
60.06%
Approximate percentage of outstanding Common Stock represented at the 2026 Annual Meeting
Votes for James W. Bernau
2,111,849 votes (91.07%)
Votes cast for director nominee James W. Bernau, term ending 2029
Auditor ratification support
2,924,241 votes (97.78%)
Votes for ratification of Baker Tilly US, LLP as independent auditors for 2026
Say-on-pay support
1,909,516 votes (82.34%)
Votes for advisory approval of named executive officer compensation
Key Terms
Broker Non-Votes, advisory (Non-Binding) Approval of Company’s Executive Compensation, emerging growth company
3 terms
Broker Non-Votes regulatory
"Broker Non-Votes 2,924,241 | 97.78% | | 21,206 | 0.71% | | 45,306 | 1.51% | | 0"
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 (Non-Binding) Approval of Company’s Executive Compensation regulatory
"Proposal 3–Advisory (Non-Binding) Approval of Company’s Executive Compensation"
emerging growth company regulatory
"Emerging growth company o o 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
What was the quorum at Willamette Valley Vineyards (WVVI)'s 2026 Annual Meeting?
The quorum consisted of 2,990,753 shares of Common Stock, representing about 60.06% of shares outstanding and eligible to vote. This level of participation allowed all proposed matters to be validly acted upon at the meeting.
Which directors were elected at Willamette Valley Vineyards (WVVI)'s 2026 Annual Meeting and how many votes did they receive?
Shareholders elected James W. Bernau and Sean M. Cary to terms ending in 2029. Bernau received 2,111,849 votes for (91.07% of votes cast), while Cary received 2,131,515 votes for (91.92% of votes cast), with the remainder withheld.
What proposals were considered at Willamette Valley Vineyards (WVVI)'s 2026 Annual Meeting?
Three proposals were considered: election of two directors to terms ending 2029, ratification of Baker Tilly US, LLP as 2026 independent auditors, and an advisory (non-binding) vote to approve the compensation of named executive officers.