$BSM·8-K

Black Stone Minerals, L.P. · Jun 16, 5:22 PM ET

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Black Stone Minerals, L.P. 8-K

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Black Stone Minerals Reports 2026 Annual Meeting Results

What Happened

  • Black Stone Minerals, L.P. (BSM) filed an 8-K reporting results of its 2026 annual meeting of limited partners held June 11, 2026 via live webcast.
  • All 12 director nominees to the board of Black Stone Minerals GP, L.L.C. (the General Partner) were elected to serve until the 2027 annual meeting. The meeting also ratified Deloitte & Touche LLP as the Partnership’s independent registered public accounting firm for 2026 and approved, on a non-binding advisory basis, the 2025 compensation of the General Partner’s named executive officers.

Key Details

  • Directors: All 12 nominees were elected; votes For ranged roughly 65.6M–75.7M, Withheld votes varied (notably D. Mark DeWalch received 12,360,912 withheld votes), and broker non-votes were approximately 56.46 million shares.
  • Auditor ratification: Deloitte & Touche LLP was ratified with 133,664,053 votes For, 470,980 Against, and 257,983 Abstain.
  • Advisory pay vote: The non-binding approval of named executive officer compensation passed with 73,430,230 For, 2,962,917 Against, 1,534,291 Abstain; broker non-votes were about 56.47M.

Why It Matters

  • Board continuity: Re-election of all nominees keeps the current board in place through the 2027 meeting, maintaining strategic and governance continuity for investors.
  • Auditor confirmation: Ratification of Deloitte provides assurance that the Partnership has an established auditor for 2026 financial reporting.
  • Pay approval (non-binding): The strong advisory vote signals investor support for executive compensation practices, though the result is advisory only and does not change pay by itself. The relatively high withheld votes for one director may indicate targeted shareholder concerns that investors and management could monitor.

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