secwatch.observer — SEC 8-K summary
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Issuer:     COMTECH TELECOMMUNICATIONS CORP /DE/ (CMTL)
CIK:        0000023197
Form:       8-K
Filed at:   2021-12-21T23:59:59+00:00
Accession:  0001104659-21-151813
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Comtech settles proxy contest with Outerbridge; appoints Wendi Carpenter to board
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- Outerbridge withdraws its director nominations and will support Comtech's recommended slate at the adjourned annual meeting.
- Wendi Carpenter (Rear Admiral, USN Ret.) appointed to Board effective Jan 3, 2022, replacing an activist-nominated director.
- Comtech and Outerbridge agree to appoint an additional independent director by Mar 31, 2022, using a leading search firm.
- Outerbridge commits to standstill, voting in line with Board recommendations, and customary non-disparagement through the 2022 annual meeting.
- Fiscal 2021 Annual Meeting of Dec 17 convened and adjourned; new meeting date expected before Dec 31, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23197/000110465921151813/0001104659-21-151813-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23197/000110465921151813/tm2135759d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-151813

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