8-K
filed June 12, 2023, 7:59 PM ET
ticker ACR
CIK 0001332551
other
confidence high
sentiment neutral
materiality 0.15
ACRES Commercial Realty annual meeting: all director nominees elected, say-on-pay approved
ACRES Commercial Realty Corp.
- All nine director nominees elected; 'for' votes ranged from 2.799M (Levin) to 3.017M (Fogel); 'against' from 140k to 360k.
- Say-on-pay advisory vote approved: 2.83M for vs 293k against (excluding 1.27M abstentions and 2.42M broker non-votes).
- Advisory vote on frequency of say-on-pay: 'One Year' selected with 3.11M votes; future votes will be annual.
- Ratification of Grant Thornton LLP as auditor: 5.58M for, 35k against, 1.20M abstentions.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
ACRES Commercial Realty Corp. shareholders approved Advisory vote on the compensation of named executive officers at the 2023-06-08 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-06-08
Exact text from the filing
A proposal to approve, in an advisory vote, the compensation of the Company’s named executive officers: Shares For Shares Against Abstentions Broker Non-Votes 2,826,747 293,498 1,273,127 2,418,952
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
ACRES Commercial Realty Corp. shareholders approved Election of Directors at the 2023-06-08 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-06-08
Exact text from the filing
Election of Directors Shares For Shares Against Abstentions Broker Non-Votes Ms. Edwards 3,014,009 175,652 1,203,711 2,418,952 Mr. Fentress 3,013,827 143,514 1,236,031 2,418,952 Mr. Fogel 3,017,862 140,207 1,235,303 2,418,952 Mr. Hart 2,917,864 269,160 1,206,348 2,418,952 Mr. Ickowicz 2,991,993 165,410 1,235,969 2,418,952 Mr. Kessler 2,920,341 237,206 1,235,825 2,418,952 Mr. Levin 2,799,066 360,304 1,234,002 2,418,952 Mr. Neff 2,921,404 267,953 1,204,015 2,418,952 Ms. Williams 3,015,258 178,714 1,199,400 2,418,952
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
ACRES Commercial Realty Corp. shareholders approved Advisory vote on the frequency of say-on-pay votes at the 2023-06-08 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-06-08
Exact text from the filing
A proposal to approve, in an advisory vote, the frequency of votes on the say on pay vote: One Year Two Years Three Years Abstentions 3,111,153 25,966 52,403 1,203,850
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
ACRES Commercial Realty Corp. shareholders approved Ratification of appointment of Grant Thornton LLP as independent auditor at the 2023-06-08 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-06-08
Exact text from the filing
A proposal to ratify the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023: Shares For Shares Against Abstentions 5,580,256 34,767 1,197,301
View on SEC.gov
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