Boardroom Alpha
Meeting calendar
AQST · Annual meeting · Wednesday, June 10, 2026

Aquestive Therapeutics Inc

3 nominees · 3 ballot items.

Elect three Class II directors; approve, on a non-binding advisory basis, the compensation of the named executive officers (say-on-pay); and ratify KPMG LLP as the company’s independent registered public accounting firm.

Market cap
$517M
1Y TSR
+8.8%
Board grade
C+
Record date
Apr 13, 2026
Filing
DEF 14A
Meeting concluded · Jun 10, 2026

Follow how the vote landed and what changed on Aquestive Therapeutics Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.

Proposals

On the ballot3

  1. 1

    Election of Directors

    ManagementBoard: FOR

    Elect Gregory B. Brown, M.D., John S. Cochran and Abigail L. Jenkins as Class II directors to serve three-year terms until the 2029 Annual Meeting.

  2. 2

    Non-Binding Advisory Vote on the Compensation of Our Named Executive Officers (Say-on-Pay

    ManagementBoard: FOR

    Advisory approval of the compensation of the company’s named executive officers as disclosed in the proxy statement.

    More detail

    This management proposal requests an advisory, non-binding stockholder vote to approve the compensation paid to the company’s named executive officers as disclosed in this proxy statement. Management frames the program as a pay-for-performance structure composed of base salaries, annual cash incentive bonuses tied to financial and strategic objectives, and long-term equity awards (RSUs, PSUs with specified performance price vesting levels, and stock options) intended to align executive incentives with stockholder value and retention. The Compensation Committee, with assistance from an independent consultant, designed target bonus levels and equity mixes (including time-based RSUs for retention, PSUs to tie pay to stock-price performance measured over multi-year pricing periods, and options to reward appreciation) and applied standard vesting schedules and performance metrics. The proposal is advisory only and does not alter the Compensation Committee’s or Board’s fiduciary duties, but the committee states it will consider the vote outcome when setting future pay. In support of approval, the Board emphasizes competitive benchmarking, oversight processes, and the disclosure of severance/change-in-control protections and clawback/independence policies that the committee believes mitigate risk and align interests. Opposing views (if any from investors) are not presented in the filing, but the company discloses pay-versus-performance tables and detailed compensation tables to allow assessment of realized versus targeted pay. Company-specific context includes the use of PSUs with defined threshold/target/maximum Performance Prices ($6.00/$7.00/$8.00) measured over defined pricing periods, and employment agreements that provide severance and change-in-control protections—factors that may influence investor assessment of alignment and potential dilution. The Board’s recommendation to vote "FOR" is grounded in its view that the structure supports strategic objectives, retention of key executives, and alignment with long-term stockholder value, while noting the advisory nature of the vote and its commitment to consider stockholder feedback in future compensation decisions.

  3. 3

    Ratification of Selection of Independent Registered Public Accounting Firm

    ManagementBoard: FOR

    Ratify the Audit Committee’s selection of KPMG LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2026.

Director elections

Nominees on the ballot3

Ownership

Top institutional holders10

Latest 13F quarter
1Bratton Capital Management, L.P.7.8%9,810,958$41M
2RTW INVESTMENTS, LP5.9%7,426,471$31M
3VANGUARD CAPITAL MANAGEMENT LLC3.5%4,443,698$18M
4BlackRock, Inc.3.1%3,835,894$16M
5BALYASNY ASSET MANAGEMENT L.P.2.3%2,900,570$12M
6BlackRock, Inc.2.3%2,836,343$12M
7FEDERATED HERMES, INC.2.2%2,820,382$12M
8STATE STREET CORP2.0%2,546,191$11M
9Samsara BioCapital, LLC2.0%2,500,000$10M
10BANK OF AMERICA CORP /DE/1.9%2,383,331$10M
Filings

Recent key filings

Periodic reports
Definitive proxies
Reference

Frequently asked questions

When is the Aquestive Therapeutics Inc 2026 annual meeting?
Aquestive Therapeutics Inc (AQST) holds its 2026 annual shareholder meeting on Wednesday, June 10, 2026.
What is the record date for the Aquestive Therapeutics Inc 2026 meeting?
The record date for the Aquestive Therapeutics Inc 2026 meeting is Monday, April 13, 2026. Shareholders of record on or before that date are eligible to vote.
Who are the director nominees for Aquestive Therapeutics Inc's 2026 meeting?
The board is presenting 3 director nominees at the Aquestive Therapeutics Inc 2026 meeting, listed with their independence status and background.
What proposals will shareholders vote on at the Aquestive Therapeutics Inc 2026 meeting?
Shareholders will vote on 3 proposals at the Aquestive Therapeutics Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
Disclaimer

The opinions and information contained herein have been obtained or derived from sources believed to be reliable, but Boardroom Alpha cannot guarantee its accuracy and completeness, and that of the opinions based thereon.

This report contains opinions and is provided for informational purposes only – it does not constitute investment, legal or tax advice. You should not rely solely upon the research herein for purposes of transacting securities or other investments, and you are encouraged to conduct your own research and due diligence, and to seek the advice of a qualified securities professional before you make any investment.

None of the information contained in this report constitutes, or is intended to constitute a recommendation by Boardroom Alpha of any particular security or trading strategy or a determination by Boardroom Alpha that any security or trading strategy is suitable for any specific person. To the extent any of the information contained herein may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person.

No representation or warranty, expressed or implied, is made on behalf of Boardroom Alpha as to the accuracy or completeness of the information contained herein. Boardroom Alpha does not accept any liability for any direct, indirect or consequential loss or damage suffered by any person as a result of relying on all or any part of this research and any liability is expressly disclaimed.

Full disclaimer