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Smith & Wesson Brands, Inc. (NASDAQ:SWBI) held its annual meeting of stockholders on Monday. According to a press release statement based on the company’s SEC filing, shareholders voted on three proposals.
First, stockholders elected seven directors to serve until the next annual meeting. The elected directors and their respective votes for, votes withheld, and broker non-votes were as follows:
- Anita D. Britt: 17,522,546 votes for, 660,360 withheld, 12,571,781 broker non-votes
- Fred M. Diaz: 17,629,563 votes for, 553,343 withheld, 12,571,781 broker non-votes
- Michelle J. Lohmeier: 17,629,020 votes for, 553,886 withheld, 12,571,781 broker non-votes
- Barry M. Monheit: 17,451,107 votes for, 731,799 withheld, 12,571,781 broker non-votes
- Robert L. Scott: 17,425,158 votes for, 757,748 withheld, 12,571,781 broker non-votes
- Mark P. Smith: 17,635,820 votes for, 547,086 withheld, 12,571,781 broker non-votes
- Denis G. Suggs: 17,320,734 votes for, 862,172 withheld, 12,571,781 broker non-votes
Second, shareholders approved the non-binding advisory “say-on-pay” proposal regarding compensation for named executive officers. The vote tally was 16,458,436 in favor, 1,501,908 against, and 222,562 abstentions, with 12,571,781 broker non-votes.
Third, stockholders ratified the appointment of KPMG LLP as the company’s independent registered public accounting firm for fiscal 2026. The votes were 29,688,661 in favor, 689,248 against, and 376,778 abstentions.
Smith & Wesson Brands, Inc. is incorporated in Nevada and its common stock is listed on the Nasdaq Global Select Market under the symbol SWBI. All information is based on a press release statement provided in the company’s SEC filing.
In other recent news, Smith & Wesson Brands Inc. reported its fiscal Q1 2026 earnings, revealing a smaller-than-expected net loss per share and surpassing revenue expectations. The company posted a net loss of $0.08 per share, which was better than the anticipated loss of $0.11. Revenue came in at $85.1 million, exceeding forecasts of $79.09 million. These results highlight a positive development for the company, as it managed to outperform analyst projections. Additionally, Smith & Wesson’s stock experienced a rise following the earnings announcement. In other developments, gun stocks, including Smith & Wesson, continued their rally after the shooting of U.S. conservative activist Charlie Kirk. This rally saw Smith & Wesson shares increase by 4.7% in premarket trading. Such movements in the market indicate ongoing interest and activity surrounding gun stocks.
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