8-K
filed May 5, 2023, 7:59 PM ET
ticker TPB
CIK 0001290677
other material
confidence high
sentiment neutral
materiality 0.15
Turning Point Brands shareholders elect directors, ratify auditors, reject NewGen strategic alternatives proposal
Turning Point Brands, Inc.
- All nine director nominees elected with majority support; broker non-votes not applicable.
- RSM US LLP ratified as independent auditors for FY2023 (13,262,151 for, 30,156 against).
- Advisory vote on executive compensation approved (10,637,880 for, 208,049 against).
- Shareholder proposal on NewGen strategic alternatives defeated (500,107 for, 10,333,596 against).
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Turning Point Brands, Inc. shareholders approved Ratification of RSM US LLP as independent auditors for the year ending December 31, 2023 at the 2023-05-03 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-03
Exact text from the filing
(2) Ratification of RSM US LLP as independent auditors for the year ending December 31, 2023: For 13,262,151 Against 30,156 Abstain 14,923 Broker Non-Votes -
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Turning Point Brands, Inc. shareholders approved Advisory vote to approve named executive officer compensation at the 2023-05-03 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-03
Exact text from the filing
(3) Advisory vote to approve named executive officer compensation: For 10,637,880 Against 208,049 Abstain 13,625 Broker Non-Votes 2,447,676
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Turning Point Brands, Inc. shareholders approved Election of Directors at the 2023-05-03 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-03
Exact text from the filing
(1) Election of Directors: Nominee Votes For Votes Withheld Broker Non - Votes Gregory H.A. Baxter 8,529,760 2,329,794 - H.C. Charles Diao 10,170,200 689,354 - Ashley D. Frushone 8,376,534 2,483,020 - David Glazek 10,472,703 386,851 - Graham Purdy 10,743,629 115,925 - Rohith Reddy 10,822,643 36,911 - Stephen Usher 10,763,034 96,520 - Lawrence S. Wexler 10,472,863 386,691 - Arnold Zimmerman 10,748,847 110,707 -
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Turning Point Brands, Inc. shareholders rejected A shareholder proposal regarding strategic alternatives for the NewGen business at the 2023-05-03 meeting.
- Outcome
- failed
- Meeting
- 2023-05-03
Exact text from the filing
(4) A shareholder proposal regarding strategic alternatives for the NewGen business: For 500,107 Against 10,333,596 Abstain 25,851 Broker Non-Votes 2,447,676
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.