Monitor the say-on-pay vote outcome for any signal of shareholder discontent, though management and insiders control 52.4% of shares, making an adverse vote unlikely. The net loss of $36.9 million warrants attention in the upcoming 10-Q for signs of improvement or deterioration.
Price Chart
Executive Summary
Great Elm Group, Inc. filed its definitive proxy statement for the 2026 Annual Meeting, proposing the election of seven directors (all incumbents except Eric Scheyer, who is not standing for re-election), ratification of Deloitte as auditor, and an advisory say-on-pay vote. The filing is routine governance material with no material financial data or shareholder proposals, and the company reported a net loss of $36.9 million for fiscal 2026.
Key Facts
- Annual Meeting to be held December 16, 2026, virtually.
- Board reduced from 8 to 7 members; Eric Scheyer not standing for re-election.
- All seven director nominees are incumbents; no contested election.
- Board recommends FOR all proposals: director elections, auditor ratification, and say-on-pay.
- Deloitte & Touche LLP proposed as independent auditor for FY ending June 30, 2027.
- CEO Jason W. Reese total compensation for FY2026: $1,254,313 (salary $500,000, bonus $200,000, stock awards $554,313).
- Company reported net loss of $36.9 million for fiscal year ended June 30, 2026.
- Total shareholder return on $100 investment: $101 as of June 30, 2026 (cumulative from June 30, 2023).
- No shareholder proposals on the ballot.
- Insider ownership: executive officers and directors as a group own 52.4% of outstanding shares.
Financial Impact
No material financial impact from the proxy filing itself; net loss of $36.9 million for FY2026 disclosed.
Risk Factors
- Continued net losses may pressure the stock if not reversed.
- Concentrated insider ownership (52.4%) limits minority shareholder influence on governance.
- No shareholder proposals suggest no active governance pressure from investors.
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| DEF 14A Filing (Primary) | 0001193125-26-429516 |
| Document: 0001193125-26-429516-index-headers.html | 0001193125-26-429516 |
| Document: 0001193125-26-429516-index.html | 0001193125-26-429516 |
| Document: 0001193125-26-429516.txt | 0001193125-26-429516 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | DEFA14A | $2.16 | awaiting T+20 | — | $2.16 (+0.00%) |
Oct 23, 2026 3d ago | DEF 14A | $2.16 | awaiting T+20 | — | $2.16 (+0.00%) |
Oct 23, 2026 3d ago | 8-K | $2.16 | awaiting T+20 | — | $2.16 (+0.00%) |
Aug 26, 2026 8w ago | Press Release | $2.15 $2.15 | · 0.00% | ▼ −0.51% | $2.16 (−0.47%) |
Aug 25, 2026 8w ago | Press Release | $2.15 | awaiting T+20 | — | $2.16 (+0.47%) |
May 5, 2026 24w ago | Press Release | $2.05 $2.15 | ▲ +4.88% | ▼ −0.08% | $2.16 (+5.37%) |
US Market Status
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