8-K
filed June 12, 2023, 7:59 PM ET
ticker FREVS
CIK 0000036840
other material
confidence high
sentiment neutral
materiality 0.15
Annual meeting results: directors elected, say-on-pay approved, auditors ratified
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.
- Re-elected Robert S. Hekemian Jr. and David F. McBride as directors for three-year terms.
- Advisory vote on executive compensation approved: 3.8M for, 716K against, 581K abstentions.
- Stockholders favored a three-year interval for future say-on-pay votes (2.8M for 3 years).
- Ratification of EisnerAmper LLP as auditors for FY ending Oct 31, 2023 approved (6.0M for).
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. shareholders approved Advisory resolution to determine the frequency of the advisory resolution to approve the compensation of the Trust’s executive officers at the 2023-06-08 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-06-08
Exact text from the filing
The stockholders of the Trust voted upon an advisory resolution to determine whether the aforementioned advisory vote to approve the compensation of the Trust’s executive officers will occur every year, every two years, or every three years pursuant to the requirements of Section 14A of the Exchange Act and the rules promulgated thereunder. The stockholders voted for the approval of a three-year interval. Balloting for this vote was as follows: One Year Two Years Three Years Abstentions Broker Non-Votes 2,002,726 238,625 2,834,985 32,347 1,476,070
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. shareholders approved Election of Directors at the 2023-06-08 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-06-08
Exact text from the filing
The stockholders of the Trust elected Robert S. Hekemian, Jr. and David F. McBride to serve as Directors of the Trust for three-year terms, with the following votes: Name Votes Withheld Abstentions Broker Non-Votes Robert S. Hekemian, Jr. 4,518,004 590,679 -- 1,476,070 David F. McBride 4,510,349 598,334 -- 1,476,070
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. shareholders approved Ratification of Independent Registered Public Accountants at the 2023-06-08 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-06-08
Exact text from the filing
The ratification of the Audit Committee’s appointment of EisnerAmper LLP as the Trust’s independent registered public accountants for the fiscal year ending October 31, 2023 was approved by the stockholders of the Trust, with the following votes: Votes Against Abstentions Broker Non-Votes 5,996,606 392,211 195,936 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY, INC. shareholders approved Advisory resolution to approve the compensation of the Trust’s executive officers at the 2023-06-08 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-06-08
Exact text from the filing
The stockholders of the Trust voted to approve an advisory resolution approving the compensation of the Trust’s executive officers as disclosed in the Trust’s proxy statement for the Annual Meeting pursuant to the requirements of Section 14A of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules promulgated thereunder. Balloting for this vote was as follows: Votes Against Abstentions Broker Non-Votes 3,811,721 716,044 580,918 1,476,070
View on SEC.gov
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