8-K
filed February 13, 2023, 6:59 PM ET
ticker PENG
CIK 0001616533
other
confidence high
sentiment neutral
materiality 0.10
SGH shareholders elect three Class III directors, ratify Deloitte, approve say-on-pay
Penguin Solutions, Inc.
- Directors Mark Adams (39.8M for), Bryan Ingram (37.7M), Mark Papermaster (39.9M) elected for 3-year term.
- Ratification of Deloitte & Touche as auditor for FY2023: 45.3M for, 0.4M against, 16.9K abstain.
- Non-binding advisory vote on named executive officer compensation passed: 39.3M for, 0.6M against.
- All proposals carried; no material dissident activity or broker non-votes except 5.67M on director and say-on-pay.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Penguin Solutions, Inc. shareholders approved Ratification of the Selection of the Company's Independent Registered Public Accounting Firm at the 2023-02-10 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-02-10
Exact text from the filing
Shareholders ratified the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the fiscal year ending August 25, 2023. The results of such vote were: For Against Abstain Broker Non-Votes 45,305,423 398,510 16,864 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Penguin Solutions, Inc. shareholders approved Approval, on a Non-Binding Advisory Basis, of the Compensation of the Company's Named Executive Officers at the 2023-02-10 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-02-10
Exact text from the filing
Shareholders approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers. The results of such vote were: For Against Abstain Broker Non-Votes 39,335,282 601,308 114,219 5,669,988
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Penguin Solutions, Inc. shareholders approved Election of each of the three nominees for Class III director at the 2023-02-10 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-02-10
Exact text from the filing
Shareholders elected each of the three nominees for Class III director to serve until the Company’s 2026 annual general meeting of shareholders or until their successors are duly elected and qualified. The results of such vote were: Nominee For Withheld Broker Non-Votes Mark Adams 39,847,154 203,655 5,669,988 Bryan Ingram 37,675,285 2,375,524 5,669,988 Mark Papermaster 39,850,996 199,813 5,669,988
View on SEC.gov
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