Innovative Solutions and Support, Inc. held its annual shareholder meeting on April 16, 2026, where shareholders elected directors, ratified the auditor, and approved executive compensation.
Key takeaways
Shareholders elected all seven director nominees, with Shahram Askarpour receiving the highest 'For' votes at 9,330,735.
Shareholders ratified the appointment of Grant Thornton LLP as the independent auditor for the fiscal year ending September 30, 2026, with 14,186,528 votes in favor.
In an advisory vote, shareholders recommended holding future executive compensation votes every year, with 7,023,647 votes for that frequency.
Shareholders approved the advisory vote on executive compensation with 9,224,341 votes in favor.
Holders of 14,239,180 shares (80% of outstanding shares) were present at the meeting, constituting a quorum.