8-K
filed January 19, 2024, 6:59 PM ET
ticker NTIC
CIK 0000875582
other material
confidence high
sentiment neutral
materiality 0.35
NTIC stockholders approve new equity plan, elect all director nominees at annual meeting
NORTHERN TECHNOLOGIES INTERNATIONAL CORP
- Stockholders approved the 2024 Stock Incentive Plan, authorizing up to 800,000 new shares plus carryover from 2019 Plan.
- All eight Board nominees elected; advisory say-on-pay passed with 4,682,193 votes for, 762,799 against.
- Ratification of Baker Tilly US, LLP as independent auditor for FY2024 approved with 6,432,916 votes for.
- The 2024 Plan replaces the 2019 Plan, becomes effective immediately, and expires on January 18, 2034.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
NORTHERN TECHNOLOGIES INTERNATIONAL CORP shareholders approved Advisory vote on executive compensation at the 2024-01-19 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2024-01-19
Exact text from the filing
Proposal Two - The compensation of the Company’s named executive officers, as disclosed in the Company’s proxy statement, was approved, on an advisory basis, by the following final voting results: Votes For Votes Against Votes Abstained Broker Non-Votes 4,682,193 762,799 6,999 1,014,128
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
NORTHERN TECHNOLOGIES INTERNATIONAL CORP shareholders approved Approval of Northern Technologies International Corporation 2024 Stock Incentive Plan at the 2024-01-19 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2024-01-19
Exact text from the filing
Proposal Four - The Northern Technologies International Corporation 2024 Stock Incentive Plan was approved by the following final voting results: Votes For Votes Against Votes Abstained Broker Non-Votes 4,476,455 737,650 237,886 1,014,128
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
NORTHERN TECHNOLOGIES INTERNATIONAL CORP shareholders approved Ratification of Baker Tilly US, LLP as independent registered public accounting firm at the 2024-01-19 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-01-19
Exact text from the filing
Proposal Three - The ratification of the appointment of Baker Tilly US, LLP as the Company’s independent registered public accounting firm for the fiscal year ending August 31, 2024 was approved by the following final voting results: Votes For Votes Against Votes Abstained Broker Non-Votes 6,432,916 25,632 7,571 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
NORTHERN TECHNOLOGIES INTERNATIONAL CORP shareholders approved Election of eight director nominees at the 2024-01-19 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-01-19
Exact text from the filing
Proposal One - The eight director nominees proposed by the Board were elected to serve as members of the Board until the next annual meeting of stockholders and until their respective successors have been duly elected and qualified by the following final voting results: Votes For Votes Withheld Broker Non-Votes Nancy E. Calderon 5,249,023 202,968 1,014,128 Sarah E. Kemp 5,365,008 86,983 1,014,128 Sunggyu Lee, Ph.D. 5,395,736 56,255 1,014,128 G. Patrick Lynch 5,437,953 14,038 1,014,128 Ramani Narayan, Ph.D. 5,438,383 13,608 1,014,128 Richard J. Nigon 5,290,366 161,625 1,014,128 Cristina Pinho 5,408,956 43,035 1,014,128 Konstantin von Falkenhausen 5,320,318 131,673 1,014,128
View on SEC.gov
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