Polar Power, Inc.: reports results of 2026 annual meeting vote

What happened Polar Power, Inc. reported that its 2026 annual meeting of stockholders was held on Oct 14, 2026, after being duly adjourned by the chairman. The filing reports the voting results for 7 proposals, including the election of 6 directors, ratification of the auditor, approval under Nasdaq rule 5635(d), approval of a reverse split charter amendment, non-binding advisory votes on executive compensation and frequency, and authority to adjourn for additional proxies.

Key details

• Directors elected (votes for / withheld / broker non-votes): Arthur D. Sams 1,857,131 / 188,866 / 988,701; Keith Albrecht 1,854,298 / 191,699 / 988,701; Michael G. Field 1,818,564 / 227,433 / 988,701; Jim Ahern 1,073,045 / 972,952 / 988,701; Menachem “Menny” Shalom 1,030,398 / 1,015,599 / 988,701; Lewis Wilks 1,850,662 / 195,335 / 988,701.
• Proposal Two (ratify Weinberg & Company, P.A. as auditor): For 2,910,976; Against 104,572; Abstain 19,151.
• Proposal Three (Nasdaq rule 5635(d) approval for potential issuances over 19.99%): For 1,054,109; Against 41,930; Abstain 2,080; Broker non-votes 1,936,580.
• Proposal Four (charter amendment to permit reverse split one-for-three to one-for-twenty prior to Dec 31, 2027): For 2,767,573; Against 252,882; Abstain 14,242.
• Proposal Five (non-binding say-on-pay): For 2,011,022; Against 29,671; Abstain 5,306; Broker non-votes 988,700.
• Proposal Six (non-binding vote on frequency of say-on-pay): One year 83,999; Two years 1,469,906; Three years 481,039; Abstain 11,052; Broker non-votes 988,703. The board of directors has determined the say-on-pay vote will be conducted every two years until the next stockholder vote on frequency no later than the 2028 annual meeting.
• Proposal Seven (authority to adjourn to solicit additional proxies): For 2,008,932; Against 35,539; Abstain 1,526; Broker non-votes 988,702.

Why it may matter This filing is Item 5.07: submission of matters to a vote of security holders and reports the vote results on the proposals presented at the Oct 14, 2026 annual meeting, including director elections, auditor ratification, Nasdaq 5635(d) approval, a proposed reverse split charter amendment, advisory votes on executive compensation and frequency, and adjournment authority. This filing does not show why the insider traded or why the company acted.