Nuveen Churchill Direct Lending (NYSE: NCDL) reports 2026 director election vote tallies
Rhea-AI Filing Summary
Nuveen Churchill Direct Lending Corp. reported the results of its 2026 virtual annual meeting of shareholders. Shareholders of record as of March 31, 2026 could vote, with 49,387,065 shares of common stock outstanding and entitled to vote.
A quorum of 25,732,027 shares was present or represented by proxy, allowing business to be conducted. Shareholders elected Class III directors to serve until the 2029 annual meeting. Kenneth Kencel received 25,473,474 votes for and 258,553 votes withheld, while Stephen Potter received 23,945,683 votes for and 1,786,344 votes withheld.
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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
Shares outstanding entitled to vote: 49,387,065 shares
Quorum shares present or by proxy: 25,732,027 shares
Votes for Kenneth Kencel: 25,473,474 votes
+3 more
6 metrics
Shares outstanding entitled to vote
49,387,065 shares
Common stock outstanding and entitled to vote as of March 31, 2026
Quorum shares present or by proxy
25,732,027 shares
Shares represented at 2026 annual meeting
Votes for Kenneth Kencel
25,473,474 votes
Election as Class III director
Votes withheld Kenneth Kencel
258,553 votes
Election as Class III director
Votes for Stephen Potter
23,945,683 votes
Election as Class III director
Votes withheld Stephen Potter
1,786,344 votes
Election as Class III director
Key Terms
Annual Meeting, Record Date, quorum, Class III directors, +1 more
5 terms
Annual Meeting regulatory
"held its virtual 2026 annual meeting of shareholders (the “Annual Meeting”)"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
Record Date regulatory
"Shareholders of record at the close of business on March 31, 2026 (the “Record Date”)"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
quorum regulatory
"A quorum consisting of 25,732,027 shares of common stock of the Company were present"
A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.
Class III directors regulatory
"were elected to serve as Class III directors of the Company until the 2029 annual meeting"
Class III directors are members of a company’s board assigned to one of several staggered term groups, so only that class faces election in a particular year while other classes stay in place. For investors this affects corporate control and takeover risk because staggered elections make it slower and harder for an outside group to replace a majority of directors quickly—think of it as a rotating schedule for board seats that provides continuity but can also entrench existing leadership.
definitive proxy statement regulatory
"director nominees named in the Company’s definitive proxy statement on Schedule 14A"
A Definitive Proxy Statement is a detailed document that a company sends to its shareholders before a big meeting, like voting on important decisions. It explains what's being voted on and gives important information so shareholders can make informed choices. It matters because it helps shareholders understand and participate in key company decisions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Nuveen Churchill Direct Lending Corp. (NCDL) disclose in this 8-K?
Nuveen Churchill Direct Lending Corp. disclosed the final voting results of its 2026 annual shareholder meeting. The filing details quorum levels and the election of Class III directors, including vote counts for each nominee and their terms through the 2029 annual meeting.
What quorum was present at Nuveen Churchill Direct Lending’s 2026 annual meeting?
The meeting achieved a quorum with 25,732,027 shares of common stock present or represented by proxy. This level of participation satisfied the company’s requirements to conduct official business, including the election of directors, at the annual meeting.
What were the vote totals for NCDL director Kenneth Kencel?
Director nominee Kenneth Kencel received 25,473,474 votes for his election and 258,553 votes withheld. These results confirm strong shareholder support for his continued service as a Class III director through the 2029 annual meeting term.
What were the vote totals for NCDL director Stephen Potter?
Stephen Potter received 23,945,683 votes for and 1,786,344 votes withheld in the director election. These results show shareholders approved his election as a Class III director, with his term extending until the 2029 annual meeting of shareholders.