Thank you for standing by, and welcome to the TriMas meeting. I will now turn the call over to Thomas Snyder.
Good morning, welcome to TriMas' annual shareholders meeting. I'm Thomas Snyder, President, CEO, and Board Member of TriMas. I would now like to introduce our Board of Directors. Joining us on the call are Herbert Parker, our Board Chair, Holly M. Boehne, Jeffrey Fielkow, Shawn Sedaghat, Adrianne Shapira, Nick Stanage, and Daniel P. Tredwell. In addition to the board, the following members of our management team are joining us today: Paul Swart, Chief Financial Officer , Jodi Robin, General Counsel and Secretary , and Sherry Lauderback, Vice President, Investor Relations , Communications, and Sustainability . Also attending today's call from Deloitte, our independent audit firm, is Lindsey Bilski, Audit Partner . Before we call the 2026 TriMas annual shareholders meeting to order, I would like to take a moment on behalf of TriMas' Board of Directors and management team to recognize and thank Teresa M. Finley for her service.
After more than six years as a TriMas board member, Teresa M. Finley retired from the board earlier this morning. Teresa M. Finley has been a valued board member and, during a critical period, willingly stepped forward to serve as Interim Chief Financial Officer for nine months. Her leadership, dedication, and commitment to TriMas during this time were instrumental in positioning the company for future success. We are deeply grateful for her contributions and dedication to TriMas. Now I would like to call TriMas 2026 annual shareholders meeting to order. I will serve as the Chair of the meeting, and Jodi Robin will serve as Secretary of the meeting. I will now turn the meeting over to Jodi to address the formal matters of the meeting. Jodi?
Thank you, Tom. This morning's virtual annual meeting, via live audio webcast, allows shareholders to attend via the web portal and the toll-free number provided. We have adopted safeguards to provide all shareholders the same rights and opportunities to participate in this meeting as they would in an in-person meeting and have established a process detailed in our proxy statement for submitting shareholder questions. We will address any properly submitted questions from validated shareholders at the end of the meeting. We are conducting this meeting in accordance with our bylaws and the meeting rules. The meeting rules are available on the meeting website. Shareholders attending the virtual meeting can vote their shares online from now through the closing of the polls by logging into the meeting website as a shareholder and clicking the Vote Here button on their screen.
If you have previously voted by proxy and do not wish to change your vote, your vote will be cast as you previously instructed and no further action is required. Please note that this meeting is being recorded. However, no one attending via the webcast or telephone is permitted to use any audio recording device. The board fixed March 23, 2026 as the record date for determining shareholders entitled to vote. On March 31, 2026, the notice of annual meeting, together with the proxy statement and annual report on Form 10-K for the year ending December 31, 2025, was first made available to shareholders. I, Jodi Robin, have been appointed to act as Inspector of Elections at this meeting.
The report states that as of the record date, holders of 36,685,359 shares of common stock are entitled to vote at this meeting, and each share has one vote. The holders of not less than 30,062,283 shares are present in person or by proxy. With approximately 81.94% of the voting power of the outstanding shares present at this meeting, there is a quorum. As indicated in the meeting introduction, the polls are open for voting. We will close the polls after the proposals have been presented. There are three items of business to be voted on at this meeting.
The re-election of Holly M. Boehne and Herbert K. Parker to the board to serve until the annual meeting of shareholders in 2029, the ratification of the appointment of Deloitte as the company's independent registered public accounting firm for 2026, and the approval on a non-binding advisory basis of the compensation paid to the company's named executive officers. Now I would like to turn it back to Tom. Tom?
Thank you, Jodi. In the company's proxy statement, the board recommended a vote for each of the two board nominees and for proposals two and three. At this time, I will pause for a moment to allow for the completion of online voting. Now that everyone has had the opportunity to vote, I now declare the polls for the 2026 TriMas annual shareholders meeting closed. As we have received all votes cast, the polls are officially closed. Jodi, do we have preliminary voting results?
We do. The preliminary vote report reflects the election of the board nominees, the ratification of the appointment of Deloitte as the company's independent registered public accounting firm for 2026, and the approval of the compensation of the named executive officers. We will report the final voting results in a timely filed Form 8-K.
Thank you, Jodi. At this time, I would like to review any questions relevant to the matters of this meeting submitted by investors. Since there were not any questions submitted and there being no further business to come before the meeting, the TriMas 2026 annual shareholders meeting is now adjourned. Thank you for your continued support and interest in TriMas.
This concludes today's meeting. You may now disconnect.