MANNATECH INC 8-K

What Happened
Mannatech, Incorporated filed an 8-K on June 3, 2026 reporting the results of its 2026 Annual Shareholders’ Meeting held June 2, 2026. Shareholders representing 1,369,880 shares — about 71.0% of shares outstanding — voted on three proposals. John A. Seifrick and Robert Toth were elected as Class III directors; shareholders ratified BDO USA, P.C. as the company’s independent registered public accounting firm for fiscal 2026; and shareholders approved the advisory “say-on-pay” vote on executive compensation.

Key Details

• Total shares represented at the meeting: 1,369,880 (≈71.0% of outstanding).
• Director elections:
  • John A. Seifrick — 879,504 For; 213,248 Withheld; 277,128 broker non-votes (≈80.5% For of votes cast).
  • Robert Toth — 937,930 For; 154,822 Withheld; 277,128 broker non-votes (≈85.9% For of votes cast).
• Auditor ratification: BDO USA, P.C. ratified — 1,205,072 For; 164,415 Against; 393 Abstain (≈88.0% For of shares represented).
• Say-on-Pay (advisory): 947,313 For; 143,740 Against; 1,699 Abstain; 277,128 broker non-votes (≈86.7% For of votes cast).
• The company furnished a press release dated June 3, 2026 reporting these results.

Why It Matters
The meeting confirmed board leadership by electing two directors, which affects company governance and oversight. Ratification of BDO USA, P.C. keeps continuity in external auditing for fiscal 2026. The advisory approval of executive compensation indicates shareholder support for current pay practices (note: say-on-pay is non-binding). A strong turnout (~71%) and the presence of 277,128 broker non-votes (shares held by brokers without voting instructions) influenced tallies on director and advisory votes but not the auditor ratification, which received votes from all shares represented.