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NASDAQ: KALU KAISER ALUMINUM CORP 8-K

Kaiser Aluminum shareholders approve 395,000-share equity plan expansion at annual meeting

Filed June 4, 2026 · Period ending June 4, 2026 · ~1 min read

4 key changes 1 section

Key Changes

  • medium

    Shareholders approved adding 395,000 shares to the 2021 equity compensation plan (94.43% support), bringing total available shares to 1,183,000 for employee and executive equity awards.

  • low

    Three Class I directors elected to three-year terms expiring 2029: James D. Hoffman (94.5%), Glenda J. Minor (98.1%), and Brett E. Wilcox (96.1%).

  • low

    Say-on-pay vote passed with 98.68% support (14,207,657 for, 171,450 against, 18,088 abstain, 722,574 broker non-votes).

  • low

    Deloitte & Touche LLP ratified as 2026 auditor with 98.20% support (14,847,826 for, 251,817 against, 20,126 abstain).

Summary

Kaiser Aluminum held its 2026 annual meeting on June 4, with shareholders approving all management proposals by wide margins. The most material outcome was approval of the amended 2021 equity compensation plan, which adds 395,000 shares to the pool available for employee and executive equity awards. Combined with prior authorizations from 2021 and 2024, the company now has 1,183,000 shares available for grants.

The 94.43% approval rate reflects strong shareholder support, though the 5.46% opposition was modestly higher than the other routine proposals. The three director elections, say-on-pay vote, and auditor ratification all passed with 94–98% support, indicating healthy shareholder alignment with management and the board.

The equity plan expansion gives Kaiser flexibility to continue using stock-based compensation as part of its talent retention and incentive strategy. For retail holders, this is a routine annual meeting with no governance concerns or contested votes.

Section-by-Section Diff

Event · Item 5.07 — Submission of Matters to a Vote of Security Holders

~400 words

Kaiser Aluminum held its 2026 annual meeting, electing three directors and approving executive compensation, auditor, and equity plan.

3 Added
Added Equity plan approval medium

Added in current filing · verify on EDGAR →

For | Against | Abstain | Broker Non-Votes | 13,595,325.653799 | 785,562.439006 | 16,307.413120 | 722.574.000000

The number of shares voting “for” constituted 94.43% of the total number of shares represented and entitled to vote at the meeting and actually voted on the proposal.

Shareholders approved the Amended 2021 Plan with 94.43% of votes cast in favor. The 5.46% opposition is higher than the other proposals but still reflects strong majority support for the equity compensation plan amendment.

Show 2 minor / wording changes
Added Say-on-pay vote low

Added in current filing · verify on EDGAR →

For | Against | Abstain | Broker Non-Votes | 14,207,656.775510 | 171,450.243473 | 18,088.486942 | 722.574.000000

The number of shares voting “for” constituted 98.68% of the total number of shares represented and entitled to vote at the meeting and actually voted on the proposal.

Shareholders approved executive compensation on an advisory basis with 98.68% of votes cast in favor. Only 1.19% of votes cast were against, indicating strong shareholder support for the company's executive pay practices.

Added Auditor ratification low

Added in current filing · verify on EDGAR →

For | Against | Abstain | 14,847,826.494528 | 251,817.441411 | 20,125.569986

The number of shares voting “for” constituted 98.20% of the total number of shares represented and entitled to vote at the meeting and actually voted on the proposal.

Shareholders ratified the selection of Deloitte & Touche LLP as the independent auditor for 2026 with 98.20% of votes cast in favor. The 1.67% opposition is routine for auditor ratification votes.

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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 15, 2026 · How we verify