MACERICH CO 8-K

What Happened
Macerich Company (MAC) filed an 8-K reporting results of its June 1, 2026 annual meeting. All eight director nominees were elected to serve until the next annual meeting: Steven R. Hash; Enrique Hernandez, Jr.; Daniel J. Hirsch; Jackson Hsieh; Diana M. Laing; Marianne Lowenthal; Devin I. Murphy; and Andrea M. Stephen. The advisory (say‑on‑pay) vote to approve the compensation of the company’s named executive officers was approved, and stockholders ratified the appointment of KPMG LLP as Macerich’s independent registered public accounting firm for fiscal 2026.

Key Details

• Director vote highlights: Jackson Hsieh received 227,887,774 votes For (≈99.5% of votes cast); Marianne Lowenthal received 214,778,034 votes For and 14,230,263 Against (≈93.8% For, ≈6.2% Against of votes cast). There were 11,123,711 broker non‑votes reported for director elections.
• Say‑on‑pay: 211,705,512 For, 17,257,788 Against, 104,018 Abstentions; approved (~92.5% For of votes cast, excluding broker non‑votes). Broker non‑votes: 11,123,711.
• Auditor ratification: KPMG LLP ratified with 237,981,568 For, 2,023,584 Against, and 185,877 Abstentions (≈99.1% For); there were no broker non‑votes for this proposal.

Why It Matters
These results confirm board continuity and shareholder approval of Macerich’s executive pay program and auditor for 2026. Re‑election of directors keeps the current governance team in place; the say‑on‑pay outcome shows strong shareholder support but a measurable minority dissent (~7–8% against), which management and the board may note when considering future compensation disclosures or policies. Auditor ratification is routine but its near‑unanimous support removes immediate accounting/audit process uncertainty for the fiscal year.