DXP ENTERPRISES INC 8-K

What Happened
DXP Enterprises Inc. (DXPE) filed an 8-K on June 18, 2026 reporting the results of its 2026 Annual Shareholders Meeting. A total of 15,505,312 common shares were entitled to vote, with 14,288,857 shares (92.2%) voted in person or by proxy. All six director nominees were re‑elected, shareholders approved the advisory vote on executive compensation, and ratified PricewaterhouseCoopers LLP as the company’s independent auditor for fiscal 2026.

Key Details

• Total common shares entitled to vote: 15,505,312; voted: 14,288,857 (92.2%). Preferred Series A/B: 16,122 shares entitled to 1,612 votes.
• Directors re‑elected (vote totals and % for): David R. Little — 13,423,127 (99.0%); Kent Yee — 12,724,001 (93.8%); Joseph R. Mannes — 13,085,288 (96.5%); Timothy P. Halter — 10,779,435 (79.5%); David Patton — 13,030,816 (96.1%); Karen Hoffman — 12,528,254 (92.4%). Broker non‑votes: 728,837.
• Advisory vote on executive compensation (say‑on‑pay): Approved — 13,230,682 for (97.6%); 313,927 against; 17,023 abstained. Broker non‑votes do not affect this result.
• Ratification of independent auditor (PwC) for fiscal 2026: Approved — 14,267,667 for (99.0%); 16,971 against; 5,831 abstained.

Why It Matters
These results confirm board continuity and strong shareholder support for the company’s executive pay practices and auditor selection. Re‑election of all nominees and formal ratification of PwC reduce near‑term governance uncertainty; the high say‑on‑pay approval indicates shareholder backing of compensation policies. Investors watching governance and oversight can view these outcomes as maintaining the current leadership and audit arrangement.