secwatch.observer — SEC 8-K summary
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Issuer:     STRATTEC SECURITY CORP (STRT)
CIK:        0000933034
Form:       8-K
Filed at:   2023-10-11T23:59:59+00:00
Accession:  0001140361-23-047861
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

STRATTEC shareholders elect three directors, approve stock plan adding 250K shares
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- Elected David R. Zimmer, Bruce M. Lisman, and F. Jack Liebau Jr. as directors for three-year terms.
- Advisory say-on-pay vote passed: 3,009,106 For, 93,165 Against, 156,416 Abstain.
- Shareholders selected one-year frequency for future say-on-pay votes; next vote at 2024 annual meeting.
- Stock Incentive Plan amendment approved, increasing authorized shares by 250,000 (2,419,361 For, 89,035 Against).
- Meeting quorum achieved with 3,258,687 of 4,068,412 eligible shares represented (82.10%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/933034/000114036123047861/0001140361-23-047861-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/933034/000114036123047861/ef20012297_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-047861

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