--- schema_version: "secwatch.filing_event.v1" accession: "0000716634-23-000047" form_type: "8-K" ticker: "RDI" cik: "0000716634" company_name: "READING INTERNATIONAL INC" filed_at: "2023-12-13T23:59:59+00:00" generated_at: "2026-06-07T13:46:48.216532+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.7 calibrated_materiality_score: 0.7 confidence: "high" source: SEC EDGAR --- # Reading International to monetize assets in 2024; shareholders approve stock plan increase ## Summary - Shareholders approved increase in Class A shares reserved under 2020 Stock Plan by 971,807 shares. - Company will prioritize sale of non-core assets in 2024: Williamsport PA site and Culver City office. - Global debt reduced $67.3M since June 2020 to $208.6M as of Sep 30, 2023; sold 6 assets for $143M. - Sold Maitland (NSW) in Oct 2023 for A$2.8M (book value A$1.1M) and leased back cinema. - Q3 2023 total revenue $67.7M, highest since Q4 2019; cinema revenue at 84% of 2019 YTD. ## SEC filing metadata - accession: 0000716634-23-000047 - form_type: 8-K - ticker: RDI - cik: 0000716634 - company_name: READING INTERNATIONAL INC - filed_at: 2023-12-13T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.7 - calibrated_materiality_score: 0.7 - confidence: high - sec_items: 5.02, 5.07, 7.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/716634/000071663423000047/0000716634-23-000047-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/716634/000071663423000047/rdi-20231207x8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0000716634-23-000047 - JSON: https://secwatch.observer/filing/0000716634-23-000047.json - Plain text: https://secwatch.observer/filing/0000716634-23-000047.txt ## Key facts - Shareholder Votes READING INTERNATIONAL INC shareholders approved Advisory vote on executive compensation of named executive officers. - Proposal: say on pay - Outcome: passed source text: Proposal 3: Stockholders approved, on a non-binding, advisory basis, the executive compensation of our Company’s named executive officers. The results of the vote on Proposal 3 were as follows: FOR AGAINST ABSTENTIONS BROKER NON-VOTES 1,345,230 1,894 50 286,751 evidence_url: https://www.sec.gov/Archives/edgar/data/716634/000071663423000047/0000716634-23-000047-index.htm - Shareholder Votes READING INTERNATIONAL INC shareholders approved Amendment to 2020 Stock Plan to increase shares reserved by 971,807 shares. - Proposal: equity plan - Outcome: passed source text: Proposal 5: Stockholders approved, an amendment to the 2020 Stock Plan to increase the number of shares of Class A Stock reserved for issuance thereunder the Plan by an additional 971,807 shares. The results of the vote on Proposal 5 were as follows: FOR AGAINST ABSTENTIONS BROKER NON-VOTES 1,220,459 126,665 50 286,751 evidence_url: https://www.sec.gov/Archives/edgar/data/716634/000071663423000047/0000716634-23-000047-index.htm - Shareholder Votes READING INTERNATIONAL INC shareholders approved Election of five directors. - Proposal: director election - Outcome: passed source text: Proposal 1: Stockholders elected the following five directors nominated by the Board, each to serve until our Company’s 2024 Annual Meeting of Stockholders or until his or her successor is duly elected and qualified. The results of the vote on Proposal 1 were as follows: NOMINEE FOR WITHHOLD BROKER NON-VOTES Margaret Cotter 1,221,950 125,224 286,751 Guy W. Adams 1,221,214 125,960 286,751 Dr. Judy Codding 1,222,465 124,709 286,751 Ellen M. Cotter 1,222,365 124,809 286,751 Douglas J. McEachern 1,221,139 126,035 286,751 evidence_url: https://www.sec.gov/Archives/edgar/data/716634/000071663423000047/0000716634-23-000047-index.htm - Shareholder Votes READING INTERNATIONAL INC shareholders approved Ratification of Grant Thornton LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-12-31 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-12-31 source text: Proposal 2: Stockholders ratified the appointment of Grant Thornton LLP as our Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The results of the vote on Proposal 2 were as follows: FOR AGAINST ABSTENTIONS BROKER NON-VOTES 1,631,264 783 1,878 0 evidence_url: https://www.sec.gov/Archives/edgar/data/716634/000071663423000047/0000716634-23-000047-index.htm - Shareholder Votes READING INTERNATIONAL INC shareholders approved Advisory vote on frequency of advisory vote on executive compensation. - Proposal: say on pay frequency - Outcome: passed source text: Proposal 4: Stockholders voted, on a non-binding, advisory basis, on the frequency of the advisory vote on the executive compensation proposal of our Company’s named executive officers. The results of the vote on Proposal 4 were as follows: 1 YEAR 2 YEARS 3 YEARS ABSTENTIONS BROKER NON-VOTES 1,335,104 2 12,068 0 286,751 evidence_url: https://www.sec.gov/Archives/edgar/data/716634/000071663423000047/0000716634-23-000047-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.