Latch, Inc. 8-K
Research Summary
AI-generated summary
Latch, Inc. Reports 2026 Annual Meeting Voting Results
What Happened
Latch, Inc. (LTCH) filed an 8-K on June 16, 2026 reporting the voting results from its June 10, 2026 annual meeting of stockholders. All six director nominees were elected and stockholders ratified the appointment of BDO USA, P.C. as the company’s independent registered public accounting firm for 2026. Stockholders also approved, on an advisory basis, the compensation of the company’s named executive officers for 2025.
Key Details
- Election of Directors (each elected to serve until the end of their term):
- Peter Campbell: For 56,070,367; Withheld 2,144,046; Broker Non-Votes 32,561,226
- Patricia Han: For 56,153,129; Withheld 2,061,284; Broker Non-Votes 32,561,226
- Raju Rishi: For 56,026,406; Withheld 2,188,008; Broker Non-Votes 32,561,226
- J. Allen Smith: For 55,469,102; Withheld 2,745,311; Broker Non-Votes 32,561,226
- Robert J. Speyer: For 52,956,188; Withheld 5,258,225; Broker Non-Votes 32,561,226
- Andrew Sugrue: For 55,557,604; Withheld 2,656,809; Broker Non-Votes 32,561,226
- Proposal 2 (Auditor ratification): BDO USA, P.C. ratified as independent auditor — For 90,335,155; Against 306,413; Abstained 134,071; Broker Non-Votes 0.
- Proposal 3 (Advisory “say-on-pay”): Compensation of named executive officers approved — For 57,646,930; Against 540,959; Abstained 26,524; Broker Non-Votes 32,561,226.
- The matters voted on were described in Latch’s Definitive Proxy Statement filed April 30, 2026.
Why It Matters
These results confirm Latch’s board composition and investor support for management choices: the board nominees were elected, the external auditor (BDO) was ratified, and shareholders gave an advisory approval to executive pay for 2025. For investors, the auditor ratification affects the company’s financial reporting oversight, while the say-on-pay result indicates majority support for compensation policies; the sizable broker non-vote totals reflect shares held by brokers that did not vote on non-routine matters and can affect vote denominators.
Loading document...