CPI Aerostructures, Inc. Reports 2026 Annual Meeting Vote Results

What Happened
CPI Aerostructures, Inc. announced the results of its annual shareholders meeting held on September 16, 2026. Shareholders re-elected the two Class I director nominees, approved the executive compensation proposal on an advisory basis, and ratified the appointment of CBIZ CPAs P.C. as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.

Key Details

• Election of Class I directors (terms had expired):
  • Richard Caswell — For: 6,498,806; Withheld: 425,698; Broker Non-Vote: 2,989,932.
  • Terry Stinson — For: 6,284,539; Withheld: 639,965; Broker Non-Vote: 2,989,932.
• Advisory vote on Named Executive Officers’ compensation: For: 4,956,059; Against: 984,836; Abstain: 983,609; Broker Non-Vote: 2,989,932.
• Ratification of independent auditor (CBIZ CPAs P.C.) for FY 2026: For: 9,698,216; Against: 191,055; Abstain: 25,165.

Why It Matters
Re-election of the Class I directors (Richard Caswell and Terry Stinson) maintains board continuity and the company’s existing governance direction. The advisory approval of executive compensation signals shareholder sentiment on pay practices (non-binding), while the strong ratification vote for CBIZ CPAs P.C. confirms shareholder support for the company’s choice of external auditor for fiscal 2026. Investors should note the substantial broker non-votes on the director and compensation items (2,989,932 shares), which can affect the effective voting percentages on those proposals.