Rimini Street, Inc. 8-K

What Happened
Rimini Street, Inc. (RMNI) filed an 8-K reporting the voting results from its 2026 Annual Meeting of Stockholders, held virtually. As of the April 15, 2026 record date there were 92,556,379 shares outstanding and 82,124,591 shares (≈88.73%) were represented at the meeting, establishing a quorum. Three Class III directors were elected to serve until the 2029 annual meeting: Seth A. Ravin, Steven Capelli and Jay Snyder. The company also reported the non-binding advisory “say-on-pay” vote on executive compensation and the ratification of KPMG LLP as its independent registered public accounting firm for fiscal 2026.

Key Details

• Record date and turnout: 92,556,379 shares outstanding (April 15, 2026); 82,124,591 shares voted (≈88.73% of outstanding).
• Director election votes (For / Withheld / Broker non-votes):
  • Seth A. Ravin: 63,184,115 / 936,597 / 18,003,879
  • Steven Capelli: 54,716,977 / 9,403,735 / 18,003,879
  • Jay Snyder: 55,340,702 / 8,780,010 / 18,003,879
• Say-on-Pay (advisory): For 58,922,771; Against 3,999,631; Abstain 1,198,310; Broker non-votes 18,003,879.
• Auditor ratification: KPMG LLP ratified — For 82,071,095; Against 28,489; Abstain 25,007.

Why It Matters
The election results confirm the company’s board composition and continuity through the 2029 annual meeting. The advisory approval of executive compensation signals majority shareholder support for the company’s pay practices (though the vote is non-binding). Ratification of KPMG as the independent auditor provides clarity on the company’s external audit provider for fiscal 2026. Strong turnout (≈88.7%) indicates high shareholder participation in these governance matters; broker non-votes affected totals on certain proposals where brokers lacked voting instructions.