Acushnet (NYSE: GOLF) investors approve directors, say-on-pay and PwC for 2026
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Acushnet Holdings Corp. reported the results of its 2026 annual meeting of stockholders held on June 8, 2026. Stockholders elected all eight director nominees, each receiving more votes for than withheld, with support levels generally in the tens of millions of shares.
Stockholders also approved, in a non-binding advisory vote, executive compensation for fiscal year 2025, with 54,837,719 votes for, 180,940 against and 248,468 abstentions, alongside 1,644,550 broker non-votes. In addition, they ratified the appointment of PricewaterhouseCoopers LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Say-on-pay votes for: 54,837,719 votes
Say-on-pay votes against: 180,940 votes
Say-on-pay abstentions: 248,468 votes
+5 more
8 metrics
Say-on-pay votes for
54,837,719 votes
Non-binding advisory vote on 2025 executive compensation
Say-on-pay votes against
180,940 votes
Non-binding advisory vote on 2025 executive compensation
Say-on-pay abstentions
248,468 votes
Non-binding advisory vote on 2025 executive compensation
Broker non-votes on say-on-pay
1,644,550 votes
Non-binding advisory vote on 2025 executive compensation
Auditor ratification votes for
56,349,519 votes
Ratification of PricewaterhouseCoopers LLP for 2026
Auditor ratification votes against
525,358 votes
Ratification of PricewaterhouseCoopers LLP for 2026
Auditor ratification abstentions
36,800 votes
Ratification of PricewaterhouseCoopers LLP for 2026
Example director vote
55,023,597 for / 243,530 withheld
Election of director Leanne Cunningham
Key Terms
broker non-votes, non-binding advisory vote, independent registered public accounting firm, Annual Meeting of Stockholders, +1 more
5 terms
broker non-votes financial
"The voting results were as follows Votes For | Votes Against | Votes Abstained | Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
non-binding advisory vote financial
"Stockholders approved, in a non-binding advisory vote, the compensation of the Company’s named executive officers"
A non-binding advisory vote is a shareholder vote that expresses investors’ opinion on a proposal (such as executive pay, corporate policy, or governance practices) but does not legally force the company to act. Think of it like a customer survey: it signals whether owners approve or disapprove and can pressure boards and managers to change course, so investors watch the result as an indicator of governance risk and potential future shifts in company strategy or leadership.
independent registered public accounting firm financial
"Stockholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
Annual Meeting of Stockholders financial
"On June 8, 2026, Acushnet Holdings Corp. held its 2026 Annual Meeting of Stockholders."
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What did Acushnet Holdings Corp. (GOLF) stockholders decide at the 2026 annual meeting?
Stockholders elected all director nominees, approved executive compensation in an advisory vote, and ratified PricewaterhouseCoopers LLP as auditor for 2026. These outcomes confirm the existing board, pay practices, and audit firm for the upcoming fiscal year.
Did Acushnet (GOLF) stockholders approve the executive compensation program?
Yes, stockholders approved executive compensation for fiscal year 2025 in a non-binding advisory vote. The tally was 54,837,719 votes for, 180,940 against, 248,468 abstentions, and 1,644,550 broker non-votes, indicating strong overall support for the pay program.
Which directors were elected to Acushnet’s board at the 2026 meeting?
Stockholders elected eight directors: David Maher, Yoon Soo (Gene) Yoon, Leanne Cunningham, Gregory Hewett, Ho Yeon (Aaron) Lee, Jan Singer, Steven Tishman and Keun Chang (Kevin) Yoon. Each nominee received more votes for than withheld, confirming their board positions.
Who is Acushnet’s independent registered public accounting firm for 2026?
Stockholders ratified PricewaterhouseCoopers LLP as Acushnet’s independent registered public accounting firm for the fiscal year ending December 31, 2026. The vote was 56,349,519 for, 525,358 against and 36,800 abstentions, with no broker non-votes reported on this proposal.
How strong was support for Acushnet’s say-on-pay proposal at the 2026 meeting?
Support was high, with 54,837,719 votes for and 180,940 against the advisory say-on-pay proposal, plus 248,468 abstentions and 1,644,550 broker non-votes. This margin suggests broad shareholder backing for the company’s named executive officer compensation in 2025.
What were the vote results for key Acushnet director nominees in 2026?
Director nominees received tens of millions of votes for. For example, Leanne Cunningham had 55,023,597 for and 243,530 withheld, while Steven Tishman had 54,936,336 for and 330,791 withheld. All eight nominees were elected with more votes for than withheld.