8-KFiled Sep 9, 8:00 PM ET

Jones Soda Co. Reports 2026 Annual Meeting Vote Results

$JSDA · JONES SODA CO.

Research Summary

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Updated

Jones Soda Co. Reports 2026 Annual Meeting Vote Results

What Happened

  • Jones Soda Co. (JSDA) filed an 8-K on Sept. 10, 2026 reporting results from its Sept. 4, 2026 annual meeting. A quorum of 66,496,091 shares was represented.
  • All four director nominees — Ronald Dissinger, Paul Norman, Gregg Reichman and Clive Sirkin — were re-elected to serve until the next annual meeting or until their successors qualify. Vote totals:
    • Ronald Dissinger: For 31,542,116; Withheld 6,607,166; Broker Non-Votes 28,346,809
    • Paul Norman: For 29,575,079; Withheld 8,574,203; Broker Non-Votes 28,346,809
    • Gregg Reichman: For 29,566,556; Withheld 8,582,726; Broker Non-Votes 28,346,809
    • Clive Sirkin: For 29,579,454; Withheld 8,569,828; Broker Non-Votes 28,346,809
  • Shareholders approved, on an advisory (non-binding) basis, the Company’s 2025 named executive officer compensation: For 21,697,118; Against 9,579,745; Abstain 6,872,419; Broker Non-Votes 28,346,809.
  • Shareholders ratified Davidson & Company LLP as the independent registered public accounting firm for fiscal year 2026: For 44,256,360; Against 14,808,722; Abstain 7,431,009.

Key Details

  • Quorum: 66,496,091 shares represented at the meeting (in person or by proxy).
  • Director slate: 4 nominees re-elected; each received roughly 29.5–31.5M votes in favor, with ~6.6–8.6M withheld and 28.3M broker non-votes.
  • Say-on-pay: Advisory approval passed with ~21.7M For vs ~9.6M Against (plus ~6.9M abstentions).
  • Auditor ratification: Davidson & Company LLP approved with ~44.3M For; no broker non-votes reported for this item.

Why It Matters

  • Board continuity: Re-election of all directors maintains the current board composition and governance continuity for investors.
  • Compensation signal: The advisory approval of named executive officer pay indicates majority shareholder support for executive compensation policies (note: the vote is non-binding).
  • Audit oversight: Ratification of the independent auditor confirms who will conduct the Company’s financial audits for fiscal 2026, an important governance and financial reporting matter.
  • Large broker non-votes on director and pay items (28.3M) mean many shares held by brokers did not vote on those proposals, which can affect the raw vote totals reported by the company.