Perma-Fix Environmental Services Reports 2026 Annual Meeting Results
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Perma-Fix Environmental Services Reports 2026 Annual Meeting Results
What Happened Perma-Fix Environmental Services, Inc. (PESI) filed an 8-K on July 28, 2026 reporting results of its July 22, 2026 annual meeting of stockholders. As of the May 28, 2026 record date, 21,203,552 shares were outstanding and 13,658,784 shares (≈64.42%) were present in person or by proxy. Stockholders reelected all nine director nominees, ratified the appointment of Grant Thornton LLP as the independent auditor for fiscal 2026, approved a non‑binding advisory vote on 2025 executive compensation, and approved amendments to the 2017 Stock Option Plan and the 2003 Outside Directors Stock Plan. The filing also furnished results of operations/financial condition information and included forward‑looking statements about opportunities at the Hanford Site and expected Hanford‑related waste streams in Q3 2026.
Key Details
- Shares outstanding (record date): 21,203,552; shares present at meeting: 13,658,784 (64.42%).
- Director votes (example): Thomas P. Bostick — For 6,965,114 / Withheld 247,298; Joseph Timothy Grumski — For 6,983,722 / Withheld 228,690. All nine nominees were reelected.
- Auditor ratification (Proposal 2): For 13,514,118; Against 9,156; Abstentions 135,510.
- Advisory vote on 2025 executive compensation (Proposal 3): For 5,950,788; Against 102,322; Abstentions 1,159,302. There were 6,446,372 broker non‑votes that did not count on nonroutine items.
Why It Matters This filing confirms board and auditor continuity at Perma‑Fix, removing near‑term governance uncertainty. Approval of the stock plan amendments clears the way for additional equity compensation capacity that could affect dilution and executive incentives. The advisory (non‑binding) say‑on‑pay passed among votes cast, but a large number of broker non‑votes and abstentions indicate many uninstructed institutional shares did not participate on nonroutine items. The included forward‑looking comments about Hanford Site work and expected waste receipts in Q3 2026 signal potential operating opportunities, though the company cautions these are subject to risks and uncertainties described in the filing.