secwatch / observer
8-K filed May 18, 2023, 7:59 PM ET ticker KAI CIK 0000886346
other confidence high sentiment neutral materiality 0.10

Kadant announces 2023 annual meeting results; all proposals approved

KADANT INC

item 5.07

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

KADANT INC shareholders approved Election of two nominees, Mr. John M. Albertine and Mr. Thomas C. Leonard, to the class of directors whose three-year term expires at the Company's annual meeting of stockholders in 2026 at the 2023-05-17 meeting.

Proposal
director election
Outcome
passed
Meeting
2023-05-17
Exact text from the filing
The stockholders cast 7,983,080 shares in favor and 2,671,993 shares against Mr. Albertine's election. In addition, 2,906 shares abstained and 410,096 broker non-votes were recorded, which had no effect on the outcome of the vote. The stockholders cast 9,621,795 shares in favor and 1,033,444 shares against Mr. Leonard's election. In addition, 2,740 shares abstained and 410,096 broker non-votes were recorded, which had no effect on the outcome of the vote.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

KADANT INC shareholders approved Ratification of the selection of KPMG LLP as the Company’s independent registered accounting firm for the 2023 fiscal year at the 2023-05-17 meeting.

Proposal
auditor ratification
Outcome
passed
Meeting
2023-05-17
Exact text from the filing
The stockholders cast 11,034,029 shares in favor and 30,479 shares against this proposal. In addition, 3,567 shares abstained, which had no effect on the outcome of the vote.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

KADANT INC shareholders approved Non-binding advisory vote on the frequency of future advisory votes on executive compensation - every year at the 2023-05-17 meeting.

Proposal
say on pay frequency
Outcome
passed
Meeting
2023-05-17
Exact text from the filing
The stockholders cast 10,280,602 shares in favor of a vote every year, 2,542 shares in favor of a vote every two years, and 371,201 shares in favor of a vote every three years. In addition, 3,634 shares abstained and 410,096 broker non-votes were recorded, which had no effect on the outcome of the vote.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

KADANT INC shareholders approved Non-binding advisory resolution on the executive compensation of the Company’s named executive officers at the 2023-05-17 meeting.

Proposal
say on pay
Outcome
passed
Meeting
2023-05-17
Exact text from the filing
The stockholders cast 10,240,779 shares in favor and 411,669 shares against this proposal. In addition, 5,531 shares abstained and 410,096 broker non-votes were recorded, which had no effect on the outcome of the vote.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

KADANT INC shareholders approved Approval of grant of restricted stock units to non-employee directors under the Company's 2006 amended and restated equity incentive plan at the 2023-05-17 meeting.

Proposal
equity plan
Outcome
passed
Meeting
2023-05-17
Exact text from the filing
The stockholders cast 10,092,667 shares in favor and 559,579 shares against this proposal. In addition, 5,733 shares abstained and 410,096 broker non-votes were recorded, which had no effect on the outcome of the vote.
View on SEC.gov

Browse all shareholder votes →

KADANT INC filing history →

Source: SEC EDGAR
accession 0000886346-23-000086
view filing index on sec.gov
view primary document
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.