Phoenix Education Partners, Inc. 8-K
Research Summary
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Phoenix Education Partners Reports 2026 Annual Meeting Vote Results
What Happened
- Phoenix Education Partners, Inc. (PXED) filed an 8-K on Feb 13, 2026 reporting results from its annual meeting of stockholders held on February 12, 2026. Stockholders elected the three Board-nominated Class I directors and ratified the appointment of Deloitte & Touche LLP as the company’s independent registered public accounting firm for the 2026 fiscal year. Each Class I director’s term will expire at the 2029 annual meeting or until a successor is elected.
Key Details
- Election results (votes FOR / % of votes cast for/against / AGAINST / ABSTENTIONS / BROKER NON-VOTES):
- Peter Cohen: 32,460,035 FOR (94.2%), 1,997,366 AGAINST, 56 abstentions; 117,589 broker non-votes.
- Itai Wallach: 31,534,392 FOR (91.5%), 2,919,615 AGAINST, 3,450 abstentions; 117,589 broker non-votes.
- Johannes Worsoe: 31,943,898 FOR (92.7%), 2,513,489 AGAINST, 70 abstentions; 117,589 broker non-votes.
- Ratification of auditor:
- Deloitte & Touche LLP ratified as independent registered public accounting firm for fiscal year ending Aug 31, 2026 with 34,309,640 FOR (99.2%), 265,391 AGAINST, 15 abstentions.
- Filing signed by Srini Medi, Chief Legal Officer and Secretary, dated February 13, 2026.
Why It Matters
- Governance: The Board’s nominees were approved by substantial margins, so board composition and leadership continuity are confirmed through the 2029 class term end.
- Audit continuity: Ratification of Deloitte ensures continuity of the company’s independent audit for the 2026 fiscal year, which is relevant to financial reporting and investor confidence.
- Investor takeaway: These routine governance and auditor votes signal shareholder support for current management and oversight structure; vote tallies provide transparency on shareholder backing.