---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-023013"
form_type: "8-K"
ticker: "SOHOO"
cik: "0001301236"
company_name: "Sotherly Hotels Inc."
filed_at: "2023-05-18T23:59:59+00:00"
generated_at: "2026-06-14T20:55:59.188327+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Sotherly Hotels stockholders elect all seven director nominees, ratify FORVIS as auditor, approve say-on-pay

## Summary
- All seven director nominees elected: Caldwell, Folsom, Gibson, Sims, Stein, Walker, and Zinni.
- Ratification of FORVIS LLP as independent auditor for FY2023: 11.36M for, 323K against.
- Advisory vote on executive compensation passed: 5.43M for vs 730K against.
- Broker non-votes of 5.53M shares on director elections and say-on-pay proposals.

## SEC filing metadata
- accession: 0000950170-23-023013
- form_type: 8-K
- ticker: SOHOO
- cik: 0001301236
- company_name: Sotherly Hotels Inc.
- filed_at: 2023-05-18T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1301236/000095017023023013/0000950170-23-023013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1301236/000095017023023013/soho-20230518.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-023013
- JSON: https://secwatch.observer/filing/0000950170-23-023013.json
- Plain text: https://secwatch.observer/filing/0000950170-23-023013.txt

## Key facts
- Shareholder Votes
  Sotherly Hotels Inc. shareholders approved Advisory vote on executive compensation at the 2023-05-18 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-05-18
  source text: c) An advisory vote on executive compensation: 5,431,959 shares in favor, 729,670 shares against and 48,313 shares abstaining. There were 5,530,941 broker non-votes for this proposal.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1301236/000095017023023013/0000950170-23-023013-index.htm
- Shareholder Votes
  Sotherly Hotels Inc. shareholders approved Election of seven (7) directors to serve for the ensuing year and until their respective successors are elected at the 2023-05-18 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-05-18
  source text: a) Election of seven (7) directors to serve for the ensuing year and until their respective successors are elected: Director Nominee Votes For Votes Withheld Broker Non-Votes Maria L. Caldwell 6,003,982 205,960 5,530,941 David R. Folsom 5,983,096 226,846 5,530,941 G. Scott Gibson IV 5,986,659 223,283 5,530,941 Andrew M. Sims 5,873,965 335,977 5,530,941 Edward S. Stein 5,435,709 774,233 5,530,941 Herschel J. Walker 4,028,875 2,181,067 5,530,941 Gen. Anthony C. Zinni 5,513,108 696,834 5,530,941
  evidence_url: https://www.sec.gov/Archives/edgar/data/1301236/000095017023023013/0000950170-23-023013-index.htm
- Shareholder Votes
  Sotherly Hotels Inc. shareholders approved Ratification of the appointment of FORVIS, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-05-18 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-05-18
  source text: b) Ratification of the appointment of FORVIS, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023: 11,356,348 shares in favor, 323,046 shares against and 61,489 shares abstaining. There were no broker non-votes for this proposal.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1301236/000095017023023013/0000950170-23-023013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.