---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-000297"
form_type: "8-K"
ticker: "IMKTA"
cik: "0000050493"
company_name: "INGLES MARKETS INC"
filed_at: "2023-02-16T23:59:59+00:00"
generated_at: "2026-06-19T09:50:57.272385+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Ingles Markets stockholders elect all directors, approve say-on-pay, reject equal voting rights proposal

## Summary
- All eight board nominees elected; Class B director votes ranged from 43.5M to 43.5M for, 1,970 withheld.
- Say-on-pay approved: 51.8M for, 2.6M against, 42,116 abstain.
- Stockholder proposal on equal voting rights defeated: 9.5M for, 45.0M against, 30,078 abstain.

## SEC filing metadata
- accession: 0001157523-23-000297
- form_type: 8-K
- ticker: IMKTA
- cik: 0000050493
- company_name: INGLES MARKETS INC
- filed_at: 2023-02-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/50493/000115752323000297/0001157523-23-000297-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50493/000115752323000297/a53328129.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000297
- JSON: https://secwatch.observer/filing/0001157523-23-000297.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000297.txt

## Key facts
- Shareholder Votes
  INGLES MARKETS INC shareholders rejected Consider and vote on a stockholder proposal concerning equal voting rights per share as disclosed in the Company's Proxy Statement for the Annual Meeting at the 2023-02-14 meeting.
  - Outcome: failed
  - Meeting: 2023-02-14
  source text: 3. Consider and vote on a stockholder proposal concerning equal voting rights per share as disclosed in the Company's Proxy Statement for the Annual Meeting: Class A & B * For 9,461,880 Against 44,967,043 Abstain 30,078 Broker Non-Votes 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/50493/000115752323000297/0001157523-23-000297-index.htm
- Shareholder Votes
  INGLES MARKETS INC shareholders approved Consider and vote on a non-binding approval of the Company's compensation for named executive officers as disclosed in the Company's Proxy Statement for the Annual Meeting at the 2023-02-14 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-02-14
  source text: 2. Consider and vote on a non-binding approval of the Company's compensation for named executive officers as disclosed in the Company's Proxy Statement for the Annual Meeting: Class A & B * For 51,843,045 Against 2,573,840 Abstain 42,116 Broker Non-Votes 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/50493/000115752323000297/0001157523-23-000297-index.htm
- Shareholder Votes
  INGLES MARKETS INC shareholders approved Elect eight members of the Board of Directors by holders of Class A Common Stock and Class B Common Stock, as applicable, to serve until the 2024 Annual Meeting of Stockholders at the 2023-02-14 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-02-14
  source text: 1. Elect eight members of the Board of Directors by holders of Class A Common Stock and Class B Common Stock, as applicable, to serve until the 2024 Annual Meeting of Stockholders: Name Common Stock Votes For Votes Withheld Broker Non-Votes Ernest E. Ferguson Class A 5,007,994 5,952,447 0 John R. Lowden Class A 5,613,244 5,347,197 0 Fred D. Ayers Class B* 43,496,590 1,970 0 Robert P. Ingle, II Class B* 43,498,560 0 0 Patricia E. Jackson Class B* 43,496,590 1,970 0 James W. Lanning Class B* 43,496,590 1,970 0 Laura Ingle Sharp Class B* 43,496,590 1,970 0 Brenda S. Tudor Class B* 43,496,590 1,970 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/50493/000115752323000297/0001157523-23-000297-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
