secwatch.observer — SEC 8-K summary
======================================

Issuer:     AMPCO PITTSBURGH CORP (AP)
CIK:        0000006176
Form:       8-K
Filed at:   2023-05-19T23:59:59+00:00
Accession:  0000950170-23-023159
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ampco-Pittsburgh shareholders approve 1M share increase in incentive plan; PSUs granted targeting $10 stock price
--------------------------------------------------------------------------------

- Shareholders approved amendment increasing shares available under 2016 Omnibus Incentive Plan by 1,000,000 shares.
- CEO granted PSU award for up to 100,000 shares; other NEOs up to 50,000 shares each.
- PSUs vest when stock price reaches $10.00 for 10 trading days or by May 15, 2024.
- Four directors elected: Abel, DiSanto, McNair, Paul; each with >13 million votes for.
- Say-on-pay passed with 14.4M for vs 318,515 against; audit firm BDO USA LLP ratified.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6176/000095017023023159/0000950170-23-023159-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6176/000095017023023159/ap-20230515.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-023159

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