EXPEDITORS INTERNATIONAL OF WASHINGTON INC 8-K
Research Summary
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Expeditors International Reports 2026 Annual Meeting Vote Results
What Happened
Expeditors International of Washington, Inc. (EXPD) filed an 8-K reporting the results of its Annual Meeting held May 5, 2026. Shareholders elected all nine board nominees, approved the advisory (Say-on-Pay) vote on Named Executive Officer compensation, and ratified KPMG LLP as the company’s independent registered public accounting firm for the year ending December 31, 2026. The report was filed May 6, 2026 and signed by David A. Hackett, Senior VP and CFO.
Key Details
- Meeting date: May 5, 2026; 8-K filed May 6, 2026.
- All nine director nominees were elected; vote totals varied (example highs/lows): Olivia D. Polius received 111,268,420 votes FOR; Liane J. Pelletier received 100,683,902 votes FOR and 10,717,519 votes AGAINST.
- Advisory vote on executive compensation (Say-on-Pay): 103,651,265 FOR, 7,487,591 AGAINST, 343,435 ABSTAIN; 11,018,734 broker non-votes.
- Ratification of KPMG LLP as auditor: 110,799,170 FOR, 8,370,398 AGAINST, 3,331,457 ABSTAIN; 0 broker non-votes.
Why It Matters
These results confirm board continuity and shareholder support for the company’s executive pay program and its choice of auditor for 2026. The presence of multi-million broker non-votes on director and Say-on-Pay items (11.0M) reflects shares held by brokers without voting instructions and can affect the vote totals for non-routine items. Investors should note the levels of opposition on certain director votes and the Say-on-Pay tally as governance signals but no management changes or financial results were reported in this filing.
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