$CLB·8-K

Core Laboratories Inc. /DE/ · May 13, 4:54 PM ET

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Core Laboratories Inc. /DE/ 8-K

Research Summary

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Updated

Core Laboratories Inc. Announces 2026 Annual Meeting Vote Results

What Happened

  • Core Laboratories Inc. filed an 8-K disclosing the results of its Annual Meeting of Shareholders held May 12, 2026 in Houston, Texas. Shareholders voted on three proposals: (1) election of two Class I directors, (2) ratification of KPMG LLP as independent registered public accountant for 2026, and (3) an advisory vote to approve executive compensation (the “Say-on-Pay”).
  • Both Class I directors were re-elected: Harvey Klingensmith and Curtis Anastasio. The ratification of KPMG as auditor and the advisory approval of the company’s named executive officer compensation were also approved. The filing is dated May 13, 2026 and signed by CFO Christopher S. Hill.

Key Details

  • Meeting quorum: more than 50% of issued share capital was present or represented (in person or by proxy); Proposal 1 required a plurality, Proposals 2 and 3 required a majority.
  • Director election votes:
    • Harvey Klingensmith — For: 35,880,017; Withheld: 3,756,385; Broker Non-Votes: 2,077,874.
    • Curtis Anastasio — For: 39,271,486; Withheld: 364,916; Broker Non-Votes: 2,077,874.
  • Auditor ratification (KPMG LLP) — For: 41,220,974; Against: 484,159; Abstentions: 9,143.
  • Advisory Say-on-Pay — For: 38,265,683; Against: 1,263,224; Abstentions: 107,495; Broker Non-Votes: 2,077,874.

Why It Matters

  • Governance continuity: re-election of both Class I directors means the current board members will continue to serve under the terms described in the proxy through the 2029 annual meeting (or until successors are elected).
  • Auditor confirmation: ratification of KPMG provides continuity in the company’s independent audit oversight for the 2026 fiscal year.
  • Shareholder sentiment on pay: the advisory approval of executive compensation was passed, signaling majority shareholder support for the company’s compensation approach (advisory/non-binding). The vote tallies show varying levels of support across nominees and the Say-on-Pay, which investors may note when assessing governance and shareholder alignment.

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