Bakkt, Inc. 8-K

What Happened

• Bakkt, Inc. filed an 8-K reporting the results of its 2026 Annual Meeting of Stockholders held June 23, 2026. Michael Alfred and Lyn Alden were elected as Class II directors to serve until the 2029 annual meeting. The company reported that no votes were cast during the meeting itself; results are based on proxies. Shareholder approval was also received, on an advisory basis, for the company’s executive compensation and shareholders ratified Grant Thornton LLC as Bakkt’s independent auditors for fiscal year 2026.

Key Details

• Record date: April 24, 2026; outstanding Class A shares entitled to vote: 30,761,371.
• Shares present or represented by proxy at the meeting: 18,919,712.
• Director election votes (by proxy): Michael Alfred — 12,378,430 FOR, 109,255 AGAINST, 0 ABSTAIN, 6,432,027 NON-VOTES; Lyn Alden — 12,156,770 FOR, 330,915 AGAINST, 0 ABSTAIN, 6,432,027 NON-VOTES.
• Advisory vote on executive compensation: 11,321,210 FOR, 1,032,093 AGAINST, 134,382 ABSTAIN, 6,432,027 NON-VOTES.
• Ratification of auditors (Grant Thornton LLC): 18,373,303 FOR, 39,530 AGAINST, 506,879 ABSTAIN, 0 NON-VOTES.

Why It Matters

• Board composition confirmed: the election of two Class II directors shapes governance through 2029 and may influence strategic oversight.
• Say-on-pay passed (advisory): while non-binding, the affirmative advisory vote signals shareholder acceptance of the company’s executive compensation practices.
• Auditor ratification: selecting Grant Thornton LLC as the independent auditor establishes who will review Bakkt’s financial statements for FY2026, an important factor for financial transparency and audit continuity.