Marcus & Millichap 2026 Annual Meeting Results
Marcus & Millichap, Inc. (NYSE: MMI) Announces Results of 2026 Annual Meeting of Stockholders
CALABASAS, CA, May 1, 2026 – Marcus & Millichap, Inc. (“the Company”), a leading real estate brokerage and advisory services firm, has released the official results of its 2026 Annual Meeting of Stockholders, held on April 30, 2026. The meeting included several key proposals that are important for shareholders, including the election of directors, the ratification of the Company’s independent auditor, and an advisory vote on executive compensation.
Key Points from the 2026 Annual Meeting
- Board Elections: Two directors, Norma J. Lawrence and Hessam Nadji, were re-elected to serve three-year terms, extending through the 2029 Annual Meeting.
- Auditor Ratification: Shareholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2026.
- Say-on-Pay: The advisory resolution on executive compensation was approved by a significant majority.
Detailed Voting Results
1. Election of Directors
The following directors were elected to serve a three-year term until the 2029 Annual Meeting:
| Director |
Votes For |
Votes Withheld |
Broker Non-Votes |
| Norma J. Lawrence |
32,149,983 |
189,922 |
1,969,034 |
| Hessam Nadji |
32,751,470 |
189,922 |
1,969,034 |
In addition to the newly re-elected directors, incumbent board members Collete English Dixon, Lauralee E. Martin, Nicholas F. McClanahan, George M. Marcus, George T. Shaheen, and Don C. Watters will continue serving on the board.
2. Ratification of Independent Registered Public Accounting Firm
Shareholders ratified the appointment of Ernst & Young LLP as the independent auditor for the fiscal year 2026. The results were as follows:
| For |
Against |
Abstain |
Broker Non-Votes |
| 34,751,572 |
156,559 |
2,295 |
0 |
Note: As this is considered a routine matter under NYSE rules, brokers were permitted to vote without receiving instructions from beneficial owners.
3. Advisory Vote on Executive Compensation (“Say-on-Pay”)
The non-binding resolution to approve executive compensation received strong support:
| For |
Against |
Abstain |
Broker Non-Votes |
| 32,885,983 |
54,757 |
652 |
1,969,034 |
The high level of support for executive compensation may be viewed favorably by the market, as it signals shareholder confidence in the Company’s leadership and compensation policies.
Additional Information for Shareholders
- The Company’s common stock (par value \$0.0001 per share) continues to trade on the New York Stock Exchange under the symbol MMI.
- The Company is not classified as an “emerging growth company.”
- No written communications, soliciting materials, or pre-commencement tender offers were reported in this filing, indicating that there are no current merger or acquisition-related developments.
Potential Implications for Investors
Shareholder stability: The decisive re-election of directors and approval of executive compensation suggest continued shareholder support for management and the board. This stability can be seen as positive for the company’s strategic direction and execution.
Auditor continuity: The ratification of Ernst & Young LLP as auditor helps ensure continuity in financial oversight, which can contribute to investor confidence in the reliability of the company’s financial statements.
No immediate price-sensitive news: There were no surprises, changes in board composition, or auditor controversies reported. The results signal normal course governance and continuity, which may not result in significant short-term movement in the share price. However, an uneventful annual meeting can also be a sign of stability, which some investors may value.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult with professional advisers before making any investment decisions. The information presented is based on official company filings and is believed to be accurate as of the publication date, but no warranty or representation is made regarding its completeness or accuracy.
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