Sector: Financials
LEMONADE INC · Meeting: June 3, 2026
Directors FOR
2
Directors AGAINST
0
Say on Pay
FOR
Auditor
FOR
Election of Directors
Eisenberg has served since 2015 and LMND's 3-year stock return of +393.8% outperforms the compensation peer group median by +295.1 percentage points, far exceeding the 50-point threshold needed to trigger a concern, so no TSR flag applies; no overboarding, attendance, or independence issues are present.
Schwartz joined in November 2023 — roughly 30 months before the meeting — and LMND's strong stock outperformance means the TSR trigger does not apply in any case; she brings CFO-level financial expertise relevant to the audit and nominating committees she serves on, and no other red flags are present.
Both Class III director nominees pass all policy screens. LMND's 3-year stock return of +393.8% dramatically outperforms its disclosed compensation peer group median of +98.7% by +295.1 percentage points, well above the 50-point threshold required to trigger a concern under the strong-positive-TSR band. No overboarding, attendance failures, independence issues, or familial relationships are identified for either nominee.
CEO
Daniel Schreiber
Total Comp
$6,076,514
Prior Support
95%%
CEO Daniel Schreiber received total compensation of $6,076,514 for 2025, which is within a reasonable range for a co-founder CEO at a $4.9B financial technology company, and the prior Say on Pay vote received approximately 95% support — well above the 70% threshold that would require a response. Approximately 88% of named executive officer pay is delivered in equity (stock options and restricted stock units) that vest over time based on continued service, satisfying the requirement that the majority of pay be variable and long-term in nature. A clawback policy is in place, no cash bonuses are paid, and the strong pay-for-performance alignment is supported by LMND's 3-year stock return of +393.8% far outpacing peer companies.
Auditor
Ernst & Young LLP
Tenure
N/A
Audit Fees
$2,891,364
Non-Audit Fees
$43,866
Non-audit fees (audit-related fees of $35,000 plus tax fees of $8,866, totaling $43,866) represent only about 1.5% of core audit fees of $2,891,364, far below the 50% threshold that would raise independence concerns; EY is a Big 4 firm appropriate for a $4.9B market cap company; auditor tenure is not disclosed so the tenure trigger cannot fire per policy, and no material restatements are noted.
The 2026 Lemonade annual meeting presents three straightforward proposals — director elections, auditor ratification, and Say on Pay — all of which pass policy screens and warrant a FOR vote. LMND's exceptional 3-year stock return of +393.8% (versus a peer median of +98.7%) removes any TSR-based director concern, the auditor fee structure is clean with negligible non-audit fees, and the executive compensation program is heavily equity-weighted with strong prior shareholder support.
15 companies disclosed in 2026 proxy filing
