Thank you for standing by, and welcome to the Cable One meeting. I will now turn the call over to Jim Holanda. Please go ahead.
Good morning, ladies and gentlemen. The 2026 annual meeting of stockholders of Cable One will please come to order. I'm Jim Holanda, CEO and member of the board of Cable One. I will serve as chair of this meeting. On behalf of our directors and officers, let me welcome all of you to the meeting. Christopher J. Arntzen, our Senior Vice President, General Counsel, and Secretary, is here with me and will serve as secretary of this meeting.
I would like to also introduce the directors and certain other attendees who are present today. Beginning with our directors, we have P. Robert Bartolo, Brad D. Brian, Deborah J. Kissire, Mary E. Meduski, Sherrese M. Smith, Wallace R. Weitz, and Katharine B. Weymouth. Joining us from PricewaterhouseCoopers LLP, our independent registered public accounting firm, are Mike Devlin and Wasim Fida. Mr. Devlin will be available to respond to appropriate questions during the question-and-answer period.
Also in attendance today are Todd M. Koetje, our Chief Financial Officer, Megan M. Detz, our Chief People Officer, and Jordan Morkert, our Vice President, Finance and Investor Relations. Angela Hatziris, Assistant General Counsel of the company, will serve as inspector of election for this meeting. After the formal meeting has been adjourned, we will provide time for responding to appropriate questions submitted in accordance with the rules of the conduct for the meeting. We will now proceed with the formal business matters to come before this meeting as set forth in the proxy materials previously provided to stockholders. I call upon Mr. Arntzen to report on the mailing of the proxy materials and notice of this meeting.
Mr. Chair, an affidavit of distribution for this annual meeting has been prepared by Broadridge Financial Solutions, our mailing agent. The affidavit states that the notice of meeting and other materials for this meeting were mailed and deposited with the U.S. Post Office commencing April 7, 2026. The notice of meeting and affidavit of distribution will be filed as part of the record of this meeting.
As established by the Board of Directors and as stated in the notice of meeting, only stockholders of record as of the close of business on March 30, 2026 may vote at this meeting. At this time, I appoint Ms. Hatziris to serve as the inspector of election. Ms. Hatziris has signed her oath of office, which we filed as part of the record of this meeting. Mr. Arntsen, will you please report on the attendance at this meeting so we can determine whether a quorum is present?
Mr. Chair, on March 30, 2026, the record date for this meeting, there were outstanding and entitled to vote a total of 5,672,182 shares of common stock. I have been informed by the inspector of election that there are over approximately 4.8 million shares of common stock present in person or by proxy and eligible to vote at this meeting. The shares so represented constitute a majority of the total shares entitled to vote at this meeting and thus constitute a quorum.
Thank you. Based on the report of the secretary and the inspector of election, I declare that proper notice has been given and that a quorum is present at this meeting. As such, the 2026 annual meeting of stockholders has been properly convened and may proceed. At this time, the polls for voting on all matters are open. All stockholders entitled to vote at this meeting have the ability to do so online. If you are a stockholder entitled to vote and have not yet voted, or if you want to change your previously cast vote, please do so via the website used to access this meeting. Please remember that if you have already voted by mailing in your proxy or via telephone or internet proxy, it is not necessary to vote again.
After voting has been completed on all matters on the agenda, we will close the polls and the inspector of election will provide her preliminary report. The first order of business is the election of eight directors to hold office until the 2027 annual meeting of stockholders and until their respective successors are elected and qualified. The nominees for election, as set forth in the proxy statement and recommended by the board of directors, are Rob Bartolo, Brad Brian, Jim Hollanda, Debbie Kissire, Mary Meduski, Sherrese Smith, Wally Weitz, and Katharine Weymouth. The second order of business is the proposal to ratify the appointment of PricewaterhouseCoopers as the independent registered public accounting firm of the company for the year ending December 31, 2026. The third order of business is the approval on a non-binding advisory basis of the compensation of the company's named executive officers for 2025.
The fourth order of business is the approval of the Cable One, Inc. 2026 Omnibus Incentive Compensation Plan. The polls are about to close, so if you have not yet voted, please do so at this time. Now that everyone has had the opportunity to vote, I now declare the polls for the 2026 annual stockholder meeting closed. Mr. Arntsen, would you please report on the preliminary voting results?
Mr. Chair, based on the preliminary report of the inspector of election.
Each of the eight nominees for director has received the majority of the votes cast and has been elected as a director to serve until the 2027 annual meeting of stockholders and until their respective successors are elected and qualified. The proposal to ratify the appointment of PricewaterhouseCoopers has been approved. The proposal to approve on an advisory basis the compensation of the company's named executive officers for 2025 has been approved. The proposal to approve the Cable One, Inc. 2026 Omnibus Incentive Compensation Plan has been approved.
Thank you. As chair of the meeting, I hereby adopt the preliminary report of the Inspector of Election as the official vote of the stockholders and declare that each of the eight nominated directors has received a majority of the votes cast and that the other proposals have been approved.
The final report of the Inspector of Election will be filed as part of the record of this meeting. We will report the final voting results by filing a Form 8-K within four business days of this meeting. As there is no further business to come before the meeting, I declare that the 2026 annual meeting of stockholders adjourned. Now, we would now like to open things up for stockholder questions. We can begin with any questions that have been submitted today on the website for this meeting. Please note we will attempt to answer as many questions as time allows, but only questions that are germane and submitted in accordance with the rules of conduct will be addressed. Any appropriate questions that we do not address this morning, we will address on our investor relations website.
Okay, first question. Given the significant operational and industry challenges since Cable One 2022 Investor Day, including evolving competitive dynamics, the Clearwave integration, and leadership transition, would management consider hosting an updated Investor Day to provide shareholders with refreshed long-term strategic and capital allocation framework?
Thanks, Jordan. Excuse me. This is Todd Koetje, the Chief Financial Officer. Appreciate the question that was submitted. We frequently share and comment on our competitive dynamics in the industry, leadership transitions, integration planning of MBI Vyve, and our capital allocation framework on our quarterly calls, as well as follow-up, one-on-one calls with any investor that would seek that. We would consider this as a future event.
There are no further questions at this time.
That concludes our program today. We thank you for your continued support of Cable One.
Thank you for joining today's meeting. You may now disconnect.