8-K
filed March 22, 2023, 7:59 PM ET
ticker TTC
CIK 0000737758
other material
confidence high
sentiment neutral
materiality 0.15
Toro shareholders elect three directors, approve executive compensation at 2023 annual meeting
TORO CO
- Elected Jeffrey M. Ettinger, Eric P. Hansotia, and D. Christian Koch as directors for terms ending 2026.
- Ratified KPMG LLP as independent auditor for FY2023 with 92.9M votes for, 1.7M against.
- Advisory vote on executive compensation approved: 82.6M for, 4.4M against, 717K abstain.
- Advisory vote on say-on-pay frequency: 85.0M for one year; board will continue annual vote.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
TORO CO shareholders approved Advisory approval of frequency of advisory approval of executive compensation at the 2023-03-21 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-03-21
Exact text from the filing
Proposal Four—Advisory approval of frequency of advisory approval of executive compensation 85,025,231 207,070 2,233,049 223,587 7,116,683
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
TORO CO shareholders approved Advisory approval of executive compensation at the 2023-03-21 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-03-21
Exact text from the filing
Proposal Three—Advisory approval of executive compensation 82,610,625 4,361,104 717,208 7,116,683
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
TORO CO shareholders approved Ratification of the selection of KPMG LLP as TTC’s independent registered public accounting firm for TTC’s fiscal year ending October 31, 2023 at the 2023-03-21 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-03-21
Exact text from the filing
Proposal Two—Ratification of the selection of KPMG LLP as TTC’s independent registered public accounting firm for TTC’s fiscal year ending October 31, 2023 92,855,033 1,697,732 252,855 --
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
TORO CO shareholders approved Election of three director nominees, each to serve for a term ending at the 2026 annual meeting of shareholders at the 2023-03-21 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-03-21
Exact text from the filing
Proposal One—Election of three director nominees, each to serve for a term ending at the 2026 annual meeting of shareholders Jeffrey M. Ettinger 83,533,879 4,155,058 -- 7,116,683 Eric P. Hansotia 85,571,953 2,116,984 -- 7,116,683 D. Christian Koch 85,482,950 2,205,987 -- 7,116,683
View on SEC.gov
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