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- Say-on-pay Opposition (new) — 29.7% opposition to executive compensation (46.8% of shares outstanding not voting in favor) indicates elevated shareholder concern about pay levels or structure.
SL Green shareholders approve executive pay with 70.3% support, elect all directors
Filed June 2, 2026 · Period ending June 2, 2026 · ~1 min read
Key Changes
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medium
Executive compensation approved with 70.3% of votes cast (53.2% of shares outstanding), reflecting elevated shareholder concern about pay levels or structure that warrants board attention.
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR → -
low
All eight director nominees elected with support ranging from 90.5% to 99.0% of votes cast. John H. Alschuler received lowest support at 90.5%, Carol N. Brown highest at 99.0%.
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR → -
low
Deloitte & Touche LLP ratified as independent auditor for 2026 with 99.9% approval.
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
Summary
SL Green Realty held its 2026 annual meeting on June 2, with 85.3% of shares represented. The most notable outcome was the say-on-pay vote, where executive compensation received only 70.3% support from votes cast—equivalent to 53.2% of shares outstanding. With nearly 30% opposition, this result reflects elevated shareholder concern about executive pay levels or structure that warrants board attention.
The compensation committee should review pay practices in light of this feedback. All eight director nominees were elected to one-year terms with support ranging from 90.5% to 99.0%, typical for uncontested elections. Shareholders also ratified Deloitte & Touche LLP as the company's independent auditor for 2026 with 99.9% approval, a routine outcome. The say-on-pay result is the primary item to watch as the board considers whether compensation adjustments are needed to address shareholder concerns.
Section-by-Section Diff
Event · Item 5.07 — Submission of Matters to a Vote of Security Holders
SL Green held its 2026 annual meeting, electing 8 directors, approving executive compensation with 70.3% support, and ratifying auditor.
Added in current filing · verify on EDGAR → · paraphrased
The proposal to approve, on an advisory basis, the Company's executive compensation was approved, with approximately 70.3% of the votes cast voting in favor. Votes For 37,861,551, Votes Against 16,006,662, Votes Abstaining 95,610, Broker Non-Votes 6,688,816.
Executive compensation received 70.3% support from votes cast, with 29.7% opposition. The total number of shares of common stock entitled to vote at the Annual Meeting was 71,116,386. This represents 53.2% support from shares outstanding, indicating elevated shareholder concern about executive pay levels or structure that warrants board attention.
Show 1 minor / wording change
Added in current filing · view on EDGAR → · paraphrased
John H. Alschuler: Votes For 48,805,486, Votes Against 5,107,602, Votes Abstaining 50,735, Broker Non-Votes 6,688,816. Carol N. Brown: Votes For 53,245,549, Votes Against 547,455, Votes Abstaining 170,819, Broker Non-Votes 6,688,816. Lauren B. Dillard: Votes For 50,866,616, Votes Against 3,047,716, Votes Abstaining 49,491, Broker Non-Votes 6,688,816. Stephen L. Green: Votes For 51,649,216, Votes Against 2,260,925, Votes Abstaining 53,682, Broker Non-Votes 6,688,816. Craig M. Hatkoff: Votes For 49,453,231, Votes Against 4,460,067, Votes Abstaining 50,525, Broker Non-Votes 6,688,816. Marc Holliday: Votes For 51,857,726, Votes Against 1,802,529, Votes Abstaining 303,568, Broker Non-Votes 6,688,816. Peggy Lamb: Votes For 49,742,021, Votes Against 4,172,167, Votes Abstaining 49,635, Broker Non-Votes 6,688,816. Andrew W. Mathias: Votes For 48,966,502, Votes Against 4,947,700, Votes Abstaining 49,621, Broker Non-Votes 6,688,816.
The total number of shares of common stock entitled to vote at the Annual Meeting was 71,116,386 of which 60,652,639 shares, or approximately 85.3%, were present in person or by proxy. Director support ranged from 68.6% to 74.9% of shares outstanding, reflecting healthy shareholder participation and approval.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 21, 2026 · How we verify