secwatch.observer — SEC 8-K summary
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Issuer:     TIMKEN CO (TKR)
CIK:        0000098362
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0000098362-23-000059
Event type: other
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Timken shareholders elect all 11 directors; special meeting proposal fails
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- All 11 director nominees elected; largest withhold was Mapes with 6,630,147 votes withheld.
- Advisory vote to approve executive compensation passed: 62,659,947 for, 1,092,282 against.
- Shareholders recommended 1-year frequency for say-on-pay (61,294,522 for 1 year).
- Ratification of Ernst & Young as auditor: 65,210,745 for, 2,245,408 against.
- Amendment to reduce shareholder voting thresholds approved (63,811,604 for); shareholder proposal for 10% special meeting right failed (27,249,281 for, 36,606,381 against).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/98362/000009836223000059/0000098362-23-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/98362/000009836223000059/tkr-20230505.htm
  HTML page:      https://secwatch.observer/filing/0000098362-23-000059

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer