Phathom Pharmaceuticals, Inc. - 8-K Summary
Business Context and Reporting Period
This Form 8-K reports the results of the 2026 Annual Meeting of Stockholders held by Phathom Pharmaceuticals, Inc. on May 19, 2026. The filing details the voting outcomes for director elections, auditor ratification, and executive compensation.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
Stockholders voted on three proposals at the Annual Meeting:
- Proposal 1: Election of Class I Directors
- Steven Basta: 42,656,800 votes For; 4,490,781 Withheld.
- Theodore R. Schroeder: 42,578,532 votes For; 4,569,049 Withheld.
- Mark Stenhouse: 41,249,990 votes For; 5,897,591 Withheld.
- All three directors were elected for a three-year term expiring at the 2029 Annual Meeting.
- Proposal 2: Ratification of Independent Auditor
- Ernst & Young LLP was ratified as the independent registered public accounting firm for fiscal 2026.
- Votes For: 64,482,757; Votes Against: 49,661; Abstentions: 102,815.
- Proposal 3: Say-on-Pay
- Stockholders approved the compensation of named executive officers on a non-binding advisory basis.
- Votes For: 44,449,761; Votes Against: 2,532,145; Abstentions: 165,675.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management outlook, specific risks, contingencies, or unusual items. The document is limited to the disclosure of voting results.
Key Facts for Investor Verification
- Verify the total number of shares outstanding to calculate the percentage of votes cast for each proposal.
- Confirm the specific terms of the three-year director terms for the newly elected Class I directors.
- Review the definitive Proxy Statement filed on April 7, 2026, for detailed background on the director nominees and executive compensation rationale.
- Note the significant number of Broker Non-Votes (17,487,652) recorded for the director election and say-on-pay proposals.