secwatch.observer — SEC 8-K summary
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Issuer:     LITHIA MOTORS INC (LAD)
CIK:        0001023128
Form:       8-K
Filed at:   2023-04-21T23:59:59+00:00
Accession:  0001023128-23-000069
Event type: other
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lithia Motors shareholders elect all nominees, approve say-on-pay, set frequency to 1 year
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- All 9 director nominees were elected; Sidney B. DeBoer: 24,512,042 for, 769,138 against.
- Advisory vote on executive compensation approved: 24,253,819 for, 1,061,122 against.
- Shareholders voted for future say-on-pay every 1 year (24,921,029 votes); board adopted that frequency.
- Ratification of KPMG as independent auditor for 2023 approved: 25,714,050 for, 890,215 against.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1023128/000102312823000069/0001023128-23-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1023128/000102312823000069/lad-20230420.htm
  HTML page:      https://secwatch.observer/filing/0001023128-23-000069

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