secwatch.observer — SEC 8-K summary
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Issuer:     CUMULUS MEDIA INC (CMLS)
CIK:        0001058623
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001058623-24-000069
Event type: other_material
Sentiment:  negative
Materiality: 0.15
Item codes: 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cumulus Media say-on-pay fails; all directors elected despite high withhold votes
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- Say-on-pay proposal rejected: 6.74M against vs 3.64M for; 4.01M broker non-votes.
- All seven director nominees elected, but Mary G. Berner and Thomas H. Castro each received more withheld votes than for votes.
- Ratification of PwC as auditor for 2024 approved with 14.19M votes for.
- Total broker non-votes of approximately 4.01M shares on non-routine items.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1058623/000105862324000069/0001058623-24-000069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1058623/000105862324000069/cmls-20240502.htm
  HTML page:      https://secwatch.observer/filing/0001058623-24-000069

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