Independent
Tenure on this board
9.1 yrs
Also a director at
Precigen Inc (PGEN)St Joe Co (JOE)
Meeting calendar
WSO · Annual meeting · Monday, June 1, 2026
Watsco Inc
3 nominees · 3 ballot items.
Election of directors (one Common director and two Class B directors); advisory approval of named executive officer compensation (say-on-pay); ratification of Deloitte & Touche LLP as independent registered public accounting firm for fiscal 2026.
Market cap
$15.1B
1Y TSR
-13.5%
Board grade
C+
Record date
Apr 6, 2026
Filing
DEF 14A
Meeting concluded · Jun 1, 2026
Follow how the vote landed and what changed on Watsco Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot3
- 1
Election of Directors
ManagementBoard: FORElection of one Common director (Ana Lopez-Blazquez) and two Class B directors (Cesar L. Alvarez and Denise Dickins) to serve until the 2029 annual meeting.
- 2
Advisory Resolution Regarding the Compensation of our Named Executive Officers
ManagementBoard: FORNon-binding, advisory vote to approve the compensation of the named executive officers as disclosed in the proxy statement (say-on-pay).
More detail
The proposal requests an advisory (non-binding) shareholder vote to approve the company’s executive compensation disclosure, including the Compensation Discussion and Analysis and related tables. Management seeks this annual approval to confirm shareholder support for its long-term restricted-stock-focused compensation philosophy that ties executive rewards to long-term TSR, EPS, and stock price performance; the program emphasizes restricted Class B shares with very long cliff-vesting (often at retirement age) to align executives’ wealth accumulation with long-term shareholder outcomes. The Board recommends a FOR vote, arguing the program has a strong track record of aligning pay with long-term performance, includes governance protections (clawback policy, prohibitions on hedging/pledging, ownership requirements), and is reviewed with independent advisors. Key context includes the company’s unique use of multi-decade vesting restricted shares, high historical TSR, control by the Nahmad family, and prior shareholder support for pay practices. The board will consider shareholder feedback from this vote when evaluating future compensation decisions.
- 3
Ratification of Independent Registered Public Accounting Firm
ManagementBoard: FORRatify appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the 2026 fiscal year.
Director elections
Nominees on the ballot3
Independent
Tenure on this board
19.1 yrs
Independent
Tenure on this board
3.1 yrs
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | Capital International Investors | 8.6% | 3,477,231 | $1.3B |
| 2 | BlackRock, Inc. | 6.1% | 2,465,518 | $897M |
| 3 | Capital Research Global Investors | 4.7% | 1,898,603 | $691M |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 4.3% | 1,751,054 | $637M |
| 5 | VANGUARD CAPITAL MANAGEMENT LLC | 3.9% | 1,567,499 | $570M |
| 6 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 3.3% | 1,340,376 | $487M |
| 7 | STATE STREET CORP | 3.1% | 1,273,941 | $463M |
| 8 | KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | 2.7% | 1,091,012 | $397M |
| 9 | BlackRock, Inc. | 2.6% | 1,062,372 | $386M |
| 10 | FMR LLC | 2.5% | 1,017,753 | $370M |
Peers
Nearest market capOther Industrials sector meetings6
Upcoming shareholder meetings at Watsco Inc’s closest sector peers — compare boards, ballots, and ownership across the cohort.
U-haul Holding CoUHAL
Annual meeting·Aug 20, 2026·$14.0B
Booz Allen Hamilton Holding CorpBAH
Annual meeting·Jul 22, 2026·$7.8B
EnersysENS
Annual meeting·Aug 6, 2026·$7.2B
Csw Industrials IncCSW
Annual meeting·Aug 27, 2026·$4.6B
American Superconductor CorpAMSC
Annual meeting·Jul 31, 2026·$1.6B
Graham CorpGHM
Annual meeting·Aug 25, 2026·$1.3B
Reference
Frequently asked questions
- When is the Watsco Inc 2026 annual meeting?
- Watsco Inc (WSO) holds its 2026 annual shareholder meeting on Monday, June 1, 2026.
- What is the record date for the Watsco Inc 2026 meeting?
- The record date for the Watsco Inc 2026 meeting is Monday, April 6, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Watsco Inc's 2026 meeting?
- The board is presenting 3 director nominees at the Watsco Inc 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Watsco Inc 2026 meeting?
- Shareholders will vote on 3 proposals at the Watsco 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.