Good afternoon, and welcome to the STAG Industrial 2026 Annual Meeting of Stockholders. I would like to introduce Bill Crooker, President and Chief Executive Officer of STAG Industrial.
Thank you. It is my pleasure to host you today at this virtual meeting. Stockholders are attending through a web portal announced in our proxy materials. We will conduct the business portion of our annual meeting first, and upon adjournment, there will be a period of general discussion and questions. Only validated stockholders may ask questions in the designated field on the web portal. No one attending this meeting is permitted to use any device to record the proceedings. This year's meeting was scheduled to be held at 1:00 P.M. Eastern Time today. It being shortly after 1:00 P.M., I call the meeting to order. Present today are Larry Guillemette, Chairman of the Board, Matts Pinard, Chief Financial Officer, Jeff Sullivan, General Counsel, who is also serving as Inspector of Election and Secretary for this meeting, and David Swerling, a partner at PricewaterhouseCoopers, our independent accounting firm.
The Board fixed the record date for determining holders of shares of common stock entitled to vote at this meeting as of the close of business on March 2nd, 2026. An affidavit held by the Inspector of Election attests to the meeting notice being mailed to all stockholders of record beginning on or about March 18th, 2026. The affidavit in the form of proxy will be filed with the minutes of this meeting. The form of proxy and the proxy statement were available on the Internet. They were also available in print to any stockholder who requested physical delivery of them. The purposes of this meeting are, first, to elect 11 directors of the company to serve until the 2027 Annual Meeting of Stockholders and until their successors are duly elected and qualified.
Second, to ratify the appointment of PricewaterhouseCoopers as the independent registered public accountants of the company for the fiscal year ending December 31st, 2026. Third, to approve, by non-binding vote, executive compensation. Jeff Sullivan, as the Inspector of Election, has subscribed his oath of office and has submitted his report of attendance. As of the record date, there were a total of 191,170,166 shares of common stock outstanding and entitled to vote at this meeting. Under the company's organizational documents, the presence in person or by proxy of at least a majority of the outstanding votes entitled to be cast at the meeting constitutes a quorum. Only outstanding shares of common stock are entitled to be voted at this meeting.
Present by proxy at this meeting is more than a majority of the voting power of the outstanding shares of common stock. Accordingly, a quorum is present, and the meeting is duly convened. The polls for each matter to be voted on at this meeting are open and will close immediately before adjournment of the meeting's business. Now we will conduct the formal business of the meeting as set forth in the notice of the meeting. The first item of business is the election of 11 directors to serve until the 2027 Annual Meeting of Stockholders and until their successors are duly elected and qualified. The Board of Directors has nominated Ben Butcher, Jit Kee Chin, Virgis Colbert, Bill Crooker, Michelle Dilley, Jeff Furber, Larry Guillemette, F.X. Jacoby, Chris Marr, Hans Weger, and Vicki Lundy Wilbon.
The nominees are currently serving as directors of the company, and the Board of Directors has recommended that the stockholders elect these nominees. The next item of business is a proposal to ratify the appointment of PricewaterhouseCoopers as independent registered public accountants of the company for the fiscal year ending December 31st, 2026. Representatives of PricewaterhouseCoopers are available to answer proper questions by stockholders after the business portion of this meeting. The third and last item of business is the advisory non-binding vote to approve executive compensation. As stated already, the polls are open. Stockholders who have not yet voted or who wish to change their votes may do so by clicking on the voting button in the web portal and following the instructions there.
Stockholders who have sent in proxies or voted by telephone or internet and who do not want to change their votes do not need to take any further action. We will pause momentarily for any further voting to occur. Now that everyone has had the opportunity to vote, I declare the polls closed for STAG Industrial 2026 Annual Meeting of Stockholders. Almost all of our voting has been by proxy. The preliminary voting report shows that the nominees for election to the board have been elected, the appointment of PricewaterhouseCoopers has been ratified, and executive compensation has been approved by advisory vote. We will disclose the final voting results in an SEC report within four business days. There being no further business to come before the meeting, the formal part of the meeting is concluded, and the Annual Meeting of Stockholders is adjourned.
We would now like to open up the meeting to questions submitted through the web portal. Are there any questions? There being no questions, this concludes the meeting. Thank you all for attending.
Thank you. The STAG Industrial 2026 Annual Meeting of Stockholders has ended. Thank you for attending. You may now disconnect.