CorVel Corporation Reports 2026 Annual Meeting Vote Results
$CRVL · CORVEL CORPResearch Summary
AI-generated summary of this SEC filing
CorVel Corporation Reports 2026 Annual Meeting Vote Results
What Happened
CorVel Corporation filed an 8-K reporting the results of its annual meeting held on August 6, 2026 (record date: June 8, 2026; 51,009,059 shares outstanding). Stockholders elected six directors to serve until the 2027 annual meeting: Michael G. Combs; Joanna C. Burkey; Steven J. Hamerslag; Alan R. Hoops; R. Judd Jessup; and Jeffrey J. Michael. Shareholders also ratified the selection of Haskell & White LLP as the company’s independent registered public accounting firm for fiscal year ending March 31, 2027, and approved, on a non-binding advisory basis, the compensation of the named executive officers.
Key Details
- Record date and shares outstanding: 51,009,059 shares as of June 8, 2026.
- Director vote totals (For / Withheld; broker non-votes = 1,728,732 for each):
- Michael G. Combs: 43,814,558 For; 3,455,744 Withheld.
- Joanna C. Burkey: 44,498,930 For; 2,771,372 Withheld.
- Steven J. Hamerslag: 41,649,770 For; 5,620,532 Withheld.
- Alan R. Hoops: 42,868,309 For; 4,401,993 Withheld.
- R. Judd Jessup: 38,112,215 For; 9,158,087 Withheld.
- Jeffrey J. Michael: 34,779,039 For; 12,491,263 Withheld.
- Auditor ratification: Haskell & White LLP ratified — 48,565,751 For; 414,690 Against; 18,593 Abstain.
- Advisory vote on executive compensation (non-binding): 42,909,830 For; 1,551,017 Against; 2,809,455 Abstain; broker non-votes 1,728,732.
Why It Matters
Board elections affect company oversight and strategy by determining who will serve on CorVel’s board through the next annual meeting. Ratification of the auditor confirms the firm that will perform CorVel’s FY2027 audits. The advisory approval of executive pay signals shareholder sentiment on compensation (but is non-binding), which the board may consider when setting future pay policies. These outcomes are routine governance items that can influence investor confidence and proxy-related decisions.