---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-24-000261"
form_type: "8-K"
ticker: "IMKTA"
cik: "0000050493"
company_name: "INGLES MARKETS INC"
filed_at: "2024-02-15T23:59:59+00:00"
generated_at: "2026-06-06T01:39:05.635827+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Ingles Markets elects eight directors, approves say-on-pay, rejects two shareholder proposals

## Summary
- All eight director nominees elected: Class B nominees each received ~42.9M votes; Class A nominees Ferguson (2.3M) and Lowden (3.2M).
- Say-on-pay approved with 50,989,199 votes for and 3,077,889 against.
- Shareholder proposal on cage-free eggs defeated: 2,890,476 for, 50,250,807 against.
- Shareholder proposal on risk disclosure defeated: 3,021,489 for, 50,084,380 against.

## SEC filing metadata
- accession: 0001157523-24-000261
- form_type: 8-K
- ticker: IMKTA
- cik: 0000050493
- company_name: INGLES MARKETS INC
- filed_at: 2024-02-15T23:59:59+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/50493/000115752324000261/0001157523-24-000261-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/50493/000115752324000261/a53897153.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-24-000261
- JSON: https://secwatch.observer/filing/0001157523-24-000261.json
- Plain text: https://secwatch.observer/filing/0001157523-24-000261.txt

## Key facts
- Shareholder Votes
  INGLES MARKETS INC shareholders approved Election of eight members of the Board of Directors at the 2024-02-13 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2024-02-13
  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 2025 Annual Meeting of Stockholders: Name Common Stock Votes For Votes Withheld Broker Non-Votes Ernest E. Ferguson Class A 2,283,213 8,919,884 0 John R. Lowden Class A 3,158,918 8,044,179 0 Fred D. Ayers Class B* 42,900,340 1,970 0 Robert P. Ingle, II Class B* 42,902,310 0 0 Patricia E. Jackson Class B* 42,902,310 0 0 James W. Lanning Class B* 42,902,310 0 0 Laura Ingle Sharp Class B* 42,900,340 1,970 0 Brenda S. Tudor Class B* 42,900,340 1,970 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/50493/000115752324000261/0001157523-24-000261-index.htm
- Shareholder Votes
  INGLES MARKETS INC shareholders approved Non-binding approval of the Company's compensation for named executive officers at the 2024-02-13 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2024-02-13
  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 50,989,199 Against 3,077,889 Abstain/Withheld 38,319 Broker Non-Votes 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/50493/000115752324000261/0001157523-24-000261-index.htm
- Shareholder Votes
  INGLES MARKETS INC shareholders rejected Stockholder proposal regarding cage free egg progress disclosure at the 2024-02-13 meeting.
  - Outcome: failed
  - Meeting: 2024-02-13
  source text: 3. Consider and vote on a stockholder proposal regarding cage free egg progress disclosure as disclosed in the Company’s Proxy Statement for the Annual Meeting: Class A & B * For 2,890,476 Against 50,250,807 Abstain/Withheld 964,124 Broker Non-Votes 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/50493/000115752324000261/0001157523-24-000261-index.htm
- Shareholder Votes
  INGLES MARKETS INC shareholders rejected Stockholder proposal concerning risk disclosure related to consumer expectations on significant policy matters at the 2024-02-13 meeting.
  - Outcome: failed
  - Meeting: 2024-02-13
  source text: 4. Consider and vote on a stockholder proposal concerning risk disclosure related to consumer expectations on significant policy matters as disclosed in the Company’s Proxy Statement for the Annual Meeting: Class A & B * For 3,021,489 Against 50,084,380 Abstain/Withheld 999,538 Broker Non-Votes 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/50493/000115752324000261/0001157523-24-000261-index.htm

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