8-K
filed February 16, 2023, 6:59 PM ET
ticker NRT
CIK 0000072633
other material
confidence high
sentiment neutral
materiality 0.15
Trustees re-elected, advisory votes approved at annual meeting
NORTH EUROPEAN OIL ROYALTY TRUST
- All five trustee nominees elected: Adelman, Haspel, Kobrin, Prue, Taylor with >2.2M votes each.
- Advisory vote on Managing Director compensation approved: 2,225,589 for, 199,567 against, 119,123 abstain.
- Advisory vote on frequency set to every year: 1,953,790 for one year, 54,171 two years, 153,680 three years.
- Total units represented at meeting: 2,544,279 out of outstanding units.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
NORTH EUROPEAN OIL ROYALTY TRUST shareholders approved Advisory vote on frequency of advisory vote on compensation (every year) at the 2023-02-15 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-02-15
Exact text from the filing
Proposal Three : The Unit Owners voted, on an advisory (non-binding) basis, to hold an advisory (non-binding) vote on the frequency of the advisory vote on the compensation of the Trust's Managing Director every year, by the votes set forth in the following table: Broker One Year Two Years Three Years Abstain Non-Votes 1,953,790 54,171 153,680 382,638 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
NORTH EUROPEAN OIL ROYALTY TRUST shareholders approved Advisory vote on compensation of the Trust's Managing Director at the 2023-02-15 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-02-15
Exact text from the filing
Proposal Two : The Unit Owners approved, on an advisory (non-binding) basis, the compensation of the Trust's Managing Director as described in the Trust's Proxy Statement for the Annual Meeting, by the votes set forth in the following table: Broker For Against Abstain Non-Votes 2,225,589 199,567 119,123 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
NORTH EUROPEAN OIL ROYALTY TRUST shareholders approved Election of Trustees at the 2023-02-15 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-02-15
Exact text from the filing
Proposal One : The following persons were elected as Trustees of the Trust to serve until the next Annual Meeting of Unit Owners, by the votes set forth in the following table: Broker For Withheld Non-Votes Robert P. Adelman 2,358,793 185,486 0 Ahron H. Haspel 2,388,758 155,521 0 Lawrence A. Kobrin 2,210,248 334,031 0 Nancy J. Prue 2,391,416 152,863 0 Willard B. Taylor 2,390,043 154,236 0
View on SEC.gov
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