8-K
filed May 13, 2024, 7:59 PM ET
ticker HY
CIK 0001173514
other material
confidence high
sentiment neutral
materiality 0.45
Hyster-Yale shareholders approve equity plan amendment adding 800k shares, officer exculpation, elect directors
HYSTER-YALE, INC.
- Shareholders approved amendment to 2020 Equity Plan, adding 800k shares for total pool of 1,708,570 shares; term extended to 2034.
- Shareholders approved amendment to certificate of incorporation to provide officer exculpation under Delaware law.
- All 14 director nominees elected; votes for ranged from 40.4M to 44.6M.
- Advisory vote on named executive officer compensation passed with 44.3M for, 0.3M against.
- Ernst & Young ratified as independent auditor for 2024 with 45.9M for.
Key facts
Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
HYSTER-YALE, INC.: Amendment to Second Amended and Restated Certificate of Incorporation to provide for exculpation of certain officers from liability as permitted by Delaware law (effective 2024-05-08).
- Change
- charter amendment
- Effective
- 2024-05-08
Exact text from the filing
On May 8, 2024, at the Company’s Annual Meeting of Stockholders, the stockholders of the Company approved an amendment to the Company's Second Amended and Restated Certificate of Incorporation (the “Certificate of Incorporation”) to provide for the exculpation of certain of the Company’s officers from liability in specific circumstances, as permitted by Delaware law.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
HYSTER-YALE, INC. shareholders approved Advisory approval of the Company's named executive officer compensation at the 2024-05-08 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2024-05-08
Exact text from the filing
The stockholders approved, on an advisory basis, the Company's named executive officer compensation: For 44,260,149 Against 323,189 Abstain 85,052 Broker non-votes 1,400,693
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
HYSTER-YALE, INC. shareholders approved Amendment to the Company's Second Amended and Restated Certificate of Incorporation at the 2024-05-08 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2024-05-08
Exact text from the filing
The stockholders approved an Amendment to the Company's Second Amended and Restated Certificate of Incorporation: For 41,082,319 Against 3,573,892 Abstain 12,179 Broker non-votes 1,400,693
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
HYSTER-YALE, INC. shareholders approved Election of fourteen nominees to the Board of Directors at the 2024-05-08 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-05-08
Exact text from the filing
The stockholders elected the following fourteen nominees to the Board of Directors until the next annual meeting and until their successors are elected: DIRECTOR VOTES FOR VOTES WITHHELD BROKER NON-VOTES Colleen R. Batcheler 42,552,236 2,116,154 1,400,693 James B. Bemowski 44,573,632 94,758 1,400,693 J.C. Butler, Jr. 41,937,842 2,730,548 1,400,693 Gary L. Collar 44,601,362 67,028 1,400,693 Carolyn Corvi 42,552,454 2,115,936 1,400,693 Edward T. Eliopoulos 44,420,637 247,753 1,400,693 John P. Jumper 42,526,321 2,142,069 1,400,693 Dennis W. LaBarre 40,392,116 4,276,274 1,400,693 Rajiv K. Prasad 44,520,005 148,385 1,400,693 H. Vincent Poor 42,558,218 2,110,172 1,400,693 Alfred M. Rankin, Jr. 42,285,983 2,382,407 1,400,693 Claiborne R. Rankin 42,214,856 2,453,534 1,400,693 Britton T. Taplin 42,228,723 2,439,667 1,400,693 David B.H. Williams 42,223,500 2,444,890 1,400,693
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
HYSTER-YALE, INC. shareholders approved Amendment and restatement of the Hyster-Yale Materials Handling, Inc. 2020 Long-Term Equity Incentive Plan (Amended and Restated Effective May 8, 2024) at the 2024-05-08 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2024-05-08
Exact text from the filing
The stockholders approved the amendment and restatement of the Hyster-Yale Materials Handling, Inc. 2020 Long-Term Equity Incentive Plan (Amended and Restated Effective May 8, 2024): For 44,495,970 Against 107,463 Abstain 64,957 Broker non-votes 1,400,693
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
HYSTER-YALE, INC. shareholders approved Ratification of the appointment of Ernst & Young LLP as the independent registered public accounting firm at the 2024-05-08 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-05-08
Exact text from the filing
The stockholders confirmed the appointment of Ernst & Young LLP as the independent registered public accounting firm of the Company for the current fiscal year: For 45,877,873 Against 174,894 Abstain 16,316
View on SEC.gov
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