---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-267880"
form_type: "8-K"
ticker: "SRG"
cik: "0001628063"
company_name: "Seritage Growth Properties"
filed_at: "2026-06-11T21:10:03+00:00"
generated_at: "2026-06-11T21:12:55.089196+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Seritage shareholders reject say-on-pay; all trustee nominees fail to get required vote but hold over

## Summary
- Say-on-pay rejected: 16.05M for, 18.69M against, 2.50M abstain (broker non-votes not counted).
- No trustee nominee received required two-thirds majority; all six received fewer 'for' votes than needed.
- John T. McClain received 17.81M for vs 18.41M against; other nominees had more 'for' than 'against' but still below threshold.
- All six incumbents continue as holdover trustees until successors are elected and qualified.
- Auditor Deloitte ratified with 27.03M for, 2.67M against, 13.50M abstain.

## SEC filing metadata
- accession: 0001193125-26-267880
- form_type: 8-K
- ticker: SRG
- cik: 0001628063
- company_name: Seritage Growth Properties
- filed_at: 2026-06-11T21:10:03+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1628063/000119312526267880/0001193125-26-267880-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1628063/000119312526267880/srg-20260611.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-267880
- JSON: https://secwatch.observer/filing/0001193125-26-267880.json
- Plain text: https://secwatch.observer/filing/0001193125-26-267880.txt

## Key facts
- Shareholder Votes
  Seritage Growth Properties shareholders voted on Election of trustees: John T. McClain, Adam Metz, Talya Nevo-Hacohen, Mitchell Sabshon, Allison L. Thrush and Mark Wilsmann at the 2026-06-09 meeting.
  - Proposal: director election
  - Meeting: 2026-06-09
  source text: John T. McClain, Adam Metz, Talya Nevo-Hacohen, Mitchell Sabshon, Allison L. Thrush and Mark Wilsmann stood for re-election as trustees of the Company for a term ending at the 2027 annual meeting of shareholders.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1628063/000119312526267880/0001193125-26-267880-index.htm
- Shareholder Votes
  Seritage Growth Properties shareholders rejected Approval of an advisory, non-binding, resolution to approve the Company’s executive compensation program for the Company’s named executive officers at the 2026-06-09 meeting.
  - Proposal: say on pay
  - Outcome: failed
  - Meeting: 2026-06-09
  source text: The shareholders rejected an advisory, non-binding, resolution to approve the Company’s executive compensation program for the Company’s named executive officers.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1628063/000119312526267880/0001193125-26-267880-index.htm
- Shareholder Votes
  Seritage Growth Properties shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for fiscal year 2026 at the 2026-06-09 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2026-06-09
  source text: The shareholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for fiscal year 2026.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1628063/000119312526267880/0001193125-26-267880-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.