Ranger Energy Services, Inc. 8-K
Research Summary
AI-generated summary
Ranger Energy Services Reports 2026 Annual Meeting Vote Results
What Happened
Ranger Energy Services, Inc. (RNGR) filed an 8‑K reporting the results of its 2026 Annual General Meeting of Stockholders held May 19, 2026. Two Class II directors, Stuart N. Bodden and Sean Woolverton, were reelected to three‑year terms through the Company’s 2029 Annual Meeting. Grant Thornton LLP was ratified as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026. A non‑binding advisory vote on the company’s executive compensation (say‑on‑pay) was approved by stockholders.
Key Details
- Total shares eligible to vote: 23,910,765; shares represented at the meeting: 20,622,930.
- Director elections:
- Stuart N. Bodden — FOR: 9,815,426; WITHHOLD: 5,596,084; Broker non‑votes: 5,211,420.
- Sean Woolverton — FOR: 9,550,277; WITHHOLD: 5,861,233; Broker non‑votes: 5,211,420.
Both were duly reelected to serve until the 2029 Annual Meeting.
- Auditor ratification (Proposal 2): FOR 20,597,749; AGAINST 12,926; WITHHOLD 12,255 — Grant Thornton LLP ratified for FY2026.
- Say‑on‑pay (Proposal 3, non‑binding): FOR 15,188,844; AGAINST 186,977; WITHHOLD 35,689; Broker non‑votes 5,211,420 — advisory approval of executive compensation.
Why It Matters
- Board continuity: Reelection of Bodden and Woolverton maintains the current Board composition through 2029. Noticeable withhold votes (over 5.5 million shares for each nominee) may be of interest to investors monitoring shareholder sentiment toward governance or compensation.
- Auditor confirmation: Ratification of Grant Thornton LLP provides continuity for the company’s external audit oversight for FY2026.
- Executive compensation: The non‑binding say‑on‑pay passed overwhelmingly among shares voting (excluding broker non‑votes), signaling broad support from voting shareholders for the company’s compensation program.
Keywords: annual meeting, director reelection, auditor ratification, say‑on‑pay, proxy vote, Ranger Energy Services.
Loading document...