Uniti Group Inc. filed SEC Form 8-K: Leadership Update, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
As noted in Item 5.07 below, at the 2026 annual meeting of stockholders (the “Annual Meeting”) of Uniti Group Inc. (the “Company”), the Company’s stockholders approved an increase in the number of shares available for issuance under the Uniti Group Inc. 2025 Equity Incentive Plan (the “Long-Term Incentive Plan”). A summary of the material terms of the Long-Term Incentive Plan is set forth on pages 22 through 26 of the Company’s Definitive Proxy Statement on Schedule 14A for the Annual Meeting, which was filed with the U.S. Securities and Exchange Commission (the “SEC”) on April 21, 2026 (the “Proxy Statement”). The summary and the foregoing description of the Long-Term Incentive Plan are qualified in their entirety by reference to the text of the Long-Term Incentive Plan, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.
| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
The Annual Meeting was held virtually on May 21, 2026 at 8:00 a.m. (Eastern time) at www.virtualshareholdermeeting.com/UNIT2026. During the Annual Meeting, the Company’s stockholders voted on five proposals. The proposals are described in the Company’s Proxy Statement. The voting results for each of the proposals are as follows.
| 1. | Election of Directors. The nine director nominees named in the Proxy Statement were elected to the Company’s Board of Directors by the following votes: |
| Name | Votes For | Votes Against | Votes Abstained | Broker Non-Votes | ||||||||||||
| Jarrett Appleby | 169,974,662 | 352,503 | 136,685 | 19,123,961 | ||||||||||||
| Scott G. Bruce | 169,336,722 | 991,480 | 135,648 | 19,123,961 | ||||||||||||
| Francis X. (“Skip”) Frantz | 168,698,026 | 1,630,738 | 135,086 | 19,123,961 | ||||||||||||
| Kenneth A. Gunderman | 169,730,179 | 602,551 | 131,120 | 19,123,961 | ||||||||||||
| Mary McLaughlin | 169,177,408 | 1,150,320 | 136,122 | 19,123,961 | ||||||||||||
| Joseph Natale | 169,954,699 | 373,015 | 136,136 | 19,123,961 | ||||||||||||
| Carmen Perez-Carlton | 170,018,475 | 310,350 | 135,025 | 19,123,961 | ||||||||||||
| Johannes Weber | 169,924,886 | 401,318 | 137,646 | 19,123,961 | ||||||||||||
| Harold Zeitz | 169,954,777 | 369,396 | 139,677 | 19,123,961 | ||||||||||||
| 2. | Approval of an Increase in the Number of Shares Available for Issuance Under the Long-Term Incentive Plan. The stockholders approved an increase of 16,750,000 shares in the number of shares available for issuance under the Long-Term Incentive Plan by the following votes: |
| Votes For | Votes Against | Votes Abstained | Broker Non-Votes | ||||||||||
| 166,790,041 | 3,448,249 | 225,560 | 19,123,961 | ||||||||||
| 3. | Advisory Vote to Approve Executive Compensation. The stockholders approved an advisory non-binding resolution approving the compensation of the Company’s named executive officers by the following votes: |
| Votes For | Votes Against | Votes Abstained | Broker Non-Votes | ||||||||||
| 167,544,279 | 2,688,459 | 231,112 | 19,123,961 | ||||||||||
| 4. | Advisory Vote on the Frequency of Future Advisory Votes to Approve Executive Compensation. The stockholders recommended, on an advisory non-binding basis, that the Company hold future advisory votes on executive compensation every year by the following votes: |
| Every Year | Every Two Years | Every Three Years | Votes Abstained | Broker Non-Votes | |||||||||||||
| 169,336,131 | 79,986 | 855,009 | 192,724 | 19,123,961 | |||||||||||||
Consistent with the stockholders’ advisory vote, the Company’s Board of Directors has determined that the Company will hold advisory votes to approve the compensation of the Company’s named executive officers on an annual basis. These annual advisory votes will continue each year until the next required advisory vote on the frequency of stockholder votes on executive compensation, which will occur no later than the Company’s annual meeting of stockholders in 2032.
| 5. | Ratification of PricewaterhouseCoopers LLP as the Company’s Independent Registered Public Accountant. The stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accountant for 2026 by the following votes: |
| Votes For | Votes Against | Votes Abstained | ||||||||
| 189,013,191 | 391,995 | 182,625 | ||||||||
As disclosed in the Proxy Statement, in addition to receiving non-employee director compensation from the Company, Elliott Investment Management L.P. (“Elliott”) and Johannes Weber have entered into a consulting arrangement whereby Mr. Weber is eligible to receive additional compensation from Elliott in connection with his service on the Company’s Board of Directors. Mr. Weber’s compensation under the consulting agreement is based upon, among other things, returns realized by Elliott from their investment in the Company. Mr. Weber’s compensation will be equal to 0.45% of returns realized by Elliott if the Company does not enter into a strategic transaction or 0.90% if it does, subject to a number of conditions in the consulting agreement that could result in a lower payout.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit Number |
Description | |
| 10.1 | Uniti Group Inc. 2025 Equity Incentive Plan, as amended and restated February 26, 2026 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| UNITI GROUP INC. | ||
| By: | /s/ Daniel L. Heard | |
| Name: | Daniel L. Heard | |
| Title: | Senior Executive Vice President – General Counsel and Secretary | |
Date: May 22, 2026