Morning, welcome to the 2026 Trinity Capital Inc. Annual Stockholders Meeting. I'm Kyle Brown, CEO and Director, and I'll be presiding as chairman of this meeting. We're holding this morning's meeting virtually via webcast, which allows for wider stockholder participation. The meeting is now called to order. In addition to myself, certain members of the Trinity Capital Board of Directors are also in attendance via telephone. We also have a number of our officers present today in person or by telephone. Sarah Stanton, our General Counsel, is present, as well as Michael Testa, our Chief Financial Officer, Gerald Harder, our Chief Operating Officer, and Ronald Kundich, our Chief Credit Officer. Sarah will act as Secretary of the meeting.
As described in the proxy statement for the annual meeting, you are entitled to participate in and vote at this meeting if you were a stockholder as of the close of business on April 13th, 2026, which is the record date for this annual meeting. If you have your 16-digit control number and wish to vote during this meeting once the polls are opened, you may do so by clicking the Vote Here button on the meeting page. With that, I'll turn it over to Sarah Stanton.
Thank you, Kyle, and good morning, everyone. The annual meeting is being held in accordance with the company's bylaws and Maryland law. An agenda that outlines the order of business for the meeting is displayed on the screen. During the annual meeting, we will address the matters described in the company's proxy statement dated April 30th, 2026. Voting will be completed, an announcement will be made regarding the results, then the formal meeting will be adjourned. We will then answer any stockholder questions submitted through the live meeting webpage. If you are eligible to vote and have not submitted your ballot or proxy, or if you want to change your vote, you may cast your vote after we open the polls via the Vote Here button on the meeting page. The votes cast today will be counted in the final tally, along with the proxies previously received.
We will announce the preliminary results of the voting at the end of the meeting. We will now proceed with the formal business of the meeting. I have received an affidavit of mailing, stating that either a notice of internet availability of the notice of the meeting, the proxy statement, and our annual report, or the documents themselves were mailed on or around April 30th, 2026 to all stockholders of record as of the record date for this annual meeting. The affidavit will be filed with the minutes of the meeting. We have appointed Beth VanDerbeck to act as Inspector of Election for this annual meeting. Ms. VanDerbeck, thank you for joining us today. The Inspector of Election has signed an oath of office, which will be filed with the minutes of this meeting.
The Inspector of Election has advised me that as of the April 13th, 2026 record date, there were 89,030,050 shares of the company's common stock outstanding and entitled to vote at this annual meeting of stockholders. Each stockholder is entitled to one vote for each share of such common stock. Our Proxy Committee is composed of Steven L. Brown, our Executive Chairman, and Kyle Brown, our CEO. More than 44,515,026 shares of the company's common stock are present online by proxy or by attorney. Accordingly, a quorum is present. Therefore, the annual meeting is duly constituted and we may proceed with business.
The polls are now open for voting.
The first item of business is the proposal to reelect two of our directors, Ronald E. Estes and Michael E. Zacharia, to the board for a one-year term ending in 2027. Information concerning the background of these nominees, their service with the company, and other matters which may be of interest is contained in the proxy statement. The second item of business is the proposal to ratify the selection of Ernst & Young LLP to serve as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026. The third item of business is the proposal to approve, on a non-binding and advisory basis, the compensation of our named executive officers, which is known as a Say on Pay proposal.
The fourth item of business is to conduct a non-binding and advisory vote on the frequency of future non-binding advisory votes to approve the compensation of our named executive officers, which is known as a Say on Frequency proposal. The fifth and final item of business is the proposal to approve an amendment to the company's Trinity Capital Inc. 2019 Non-Employee Director Restricted Stock Plan. Information concerning these proposals and other matters which may be of interest is contained in the proxy statement. Our board of directors recommends that stockholders vote in favor of the first, second, third, and fifth proposals, and for one year on the fourth proposal. I will now describe the voting procedure. Voting is by proxy and digital ballot. Each share of common stock is entitled to one vote.
Let me remind you that if you have already sent in your signed proxy or voted online or by phone, there is no need for you to cast a ballot now unless you'd like to change your prior vote. The individuals named in the proxy or any of them will vote your shares as indicated on the proxy that you have already mailed or delivered to us. As a reminder, if you are voting today, please make sure you have your 16-digit control number and click Vote Here on the meeting page. We will now provide some additional time for the submission of voting.
The polls are now closed. No additional ballots, proxies, or votes, and no changes or revocations will be accepted. Proxies and ballots will now be tabulated by the Inspector of Election.
Based upon preliminary information provided by the Inspector of Election, I can report that the proposal to reelect Ronald E. Estes and Michael E. Zacharia to the Board of Directors has been approved by the affirmative vote of a majority of the votes cast by the holders of shares of common stock present in person or represented by proxy and entitled to vote on such proposal at this annual meeting. The proposal to ratify the selection of Ernst & Young LLP to serve as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2026, has been approved by the affirmative vote of a majority of votes cast by holders of shares of common stock present in person or represented by proxy and entitled to vote on such proposal at this annual meeting.
The Say on Pay proposal has been approved by the affirmative vote of a majority of votes cast by holders of shares of common stock present in person or represented by proxy and entitled to vote on such proposal at this annual meeting. For the Say on Frequency proposal, the one-year option has been approved by the affirmative vote of a majority of votes cast by holders of shares of common stock present in person or represented by proxy and entitled to vote on such proposal at this annual meeting. The proposal to approve an amendment to the company's 2019 Non-Employee Director Restricted Stock Plan has been approved by the affirmative vote of a majority of votes cast by holders of shares of common stock present in person or represented by proxy and entitled to vote on such proposal at this annual meeting.
The final results of voting, including any ballots and proxies recorded during this annual meeting, will be set forth in the report of the Inspector of Election and will be included in the minutes of the meeting. The final results will also be reported in a Form 8-K to be filed with the SEC within four business days following this annual meeting. We have not received any shareholder questions related to this meeting. There being no further business to come before the meeting, the 2026 Annual Meeting of Stockholders of Trinity Capital Inc. is now adjourned. Thank you all for your attendance today and for your continued interest in and your support of Trinity Capital Inc. We look forward to working hard on your behalf, and we'll be back in touch for our next quarterly earnings call.
The meeting has now concluded. Thank you for attending today's presentation. You may now disconnect.