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SEC filingLear Corporation held its 2026 Annual Meeting of Shareholders on May 14, 2026, where shareholders voted on the election of twelve directors, ratification of the independent auditor, advisory approval of executive compensation, and approval of an amendment to the 2019 Long-Term Stock Incentive Plan.
The 2026 Annual Meeting resulted in the re-election of all twelve director nominees, though Conrad L. Mallett, Jr. received significantly more opposition (4.3 million abstentions) and fewer votes for than his peers, suggesting targeted shareholder concern—potentially related to board composition, tenure, or oversight matters. Auditor ratification passed decisively, affirming continuity in financial reporting oversight. The advisory vote on executive compensation cleared with over 98% support among votes cast, and the equity plan amendment passed with similar backing, indicating investor acceptance of current governance and incentive structures. Broker non-votes were present only for director elections and proposals requiring discretionary voting under NYSE rules, consistent with standard proxy mechanics. No dissenting recommendations from major proxy advisors are disclosed, and no contested director slates or shareholder proposals beyond those listed were reported.