--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-23-110581" form_type: "8-K" ticker: "LECO" cik: "0000059527" company_name: "LINCOLN ELECTRIC HOLDINGS INC" filed_at: "2023-04-21T23:59:59+00:00" generated_at: "2026-06-16T21:48:55.932467+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.5 calibrated_materiality_score: 0.5 confidence: "high" source: SEC EDGAR --- # Lincoln Electric shareholders approve new equity plans, elect directors at annual meeting ## Summary - Shareholders approved 2023 Equity and Incentive Compensation Plan authorizing 2,025,000 shares for employee awards; 96.7% votes for. - Shareholders approved 2023 Stock Plan for Non-Employee Directors authorizing 200,000 shares; 95.9% votes for. - All ten director nominees elected; Christopher L. Mapes received 43.4M votes for (96.1% of votes cast). - Advisory vote on executive compensation approved with 95.8% support; shareholders chose annual frequency for future say-on-pay votes (97.3% for every year). - Ratification of Ernst & Young as independent auditor for 2023 approved with 98.0% votes for. ## SEC filing metadata - accession: 0001193125-23-110581 - form_type: 8-K - ticker: LECO - cik: 0000059527 - company_name: LINCOLN ELECTRIC HOLDINGS INC - filed_at: 2023-04-21T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.5 - calibrated_materiality_score: 0.5 - confidence: high - sec_items: 5.02, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/59527/000119312523110581/0001193125-23-110581-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/59527/000119312523110581/d416268d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-23-110581 - JSON: https://secwatch.observer/filing/0001193125-23-110581.json - Plain text: https://secwatch.observer/filing/0001193125-23-110581.txt ## Key facts - Shareholder Votes LINCOLN ELECTRIC HOLDINGS INC shareholders approved Ratification of Ernst & Young LLP as independent auditors for 2023 at the 2023-04-19 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-04-19 source text: Proposal 2 - Shareholders ratified the appointment of Ernst & Young LLP as the Company’s independent auditors for the year ending December 31, 2023, as set forth below. Votes For Votes Against Abstentions Broker Non-Votes 50,370,109 950,258 57,051 0 evidence_url: https://www.sec.gov/Archives/edgar/data/59527/000119312523110581/0001193125-23-110581-index.htm - Shareholder Votes LINCOLN ELECTRIC HOLDINGS INC shareholders approved Approval of 2023 Stock Plan for Non-Employee Directors at the 2023-04-19 meeting. - Proposal: equity plan - Outcome: passed - Meeting: 2023-04-19 source text: Proposal 6 - Shareholders approved Lincoln Electric Holdings, Inc.’s 2023 Stock Plan for Non-Employee Directors, as set forth below: Votes For Votes Against Abstentions Broker Non-Votes 43,248,666 1,774,511 187,089 6,167,152 evidence_url: https://www.sec.gov/Archives/edgar/data/59527/000119312523110581/0001193125-23-110581-index.htm - Shareholder Votes LINCOLN ELECTRIC HOLDINGS INC shareholders approved Approval of 2023 Equity and Incentive Compensation Plan at the 2023-04-19 meeting. - Proposal: equity plan - Outcome: passed - Meeting: 2023-04-19 source text: Proposal 5 - Shareholders approved Lincoln Electric Holdings, Inc.’s 2023 Equity and Incentive Compensation Plan, as set forth below: Votes For Votes Against Abstentions Broker Non-Votes 43,628,922 1,418,298 163,046 6,167,152 evidence_url: https://www.sec.gov/Archives/edgar/data/59527/000119312523110581/0001193125-23-110581-index.htm - Shareholder Votes LINCOLN ELECTRIC HOLDINGS INC shareholders approved Advisory vote on frequency of future advisory votes on executive compensation at the 2023-04-19 meeting. - Proposal: say on pay frequency - Outcome: passed - Meeting: 2023-04-19 source text: Proposal 4 - Shareholders approved, on an advisory basis, an annual frequency for future advisory votes to approve the Company’s named executive officer compensation, as set forth below: Every Year Every Two Years Every Three Years Abstentions Broker Non-Votes 43,832,824 100,645 1,089,894 186,903 0 evidence_url: https://www.sec.gov/Archives/edgar/data/59527/000119312523110581/0001193125-23-110581-index.htm - Shareholder Votes LINCOLN ELECTRIC HOLDINGS INC shareholders approved Advisory vote to approve compensation of named executive officers at the 2023-04-19 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-04-19 source text: Proposal 3 - Shareholders approved, on an advisory basis, the compensation of the Company’s named executive officers, as set forth below. Votes For Votes Against Abstentions Broker Non-Votes 43,475,051 1,576,156 159,059 6,167,152 evidence_url: https://www.sec.gov/Archives/edgar/data/59527/000119312523110581/0001193125-23-110581-index.htm - Shareholder Votes LINCOLN ELECTRIC HOLDINGS INC shareholders approved Election of ten directors to hold office until the 2024 Annual Meeting at the 2023-04-19 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-04-19 source text: Proposal 1 – Shareholders elected ten directors, each to hold office until the 2024 Annual Meeting of Shareholders or until their successors are duly elected and qualified, as set forth below. Name Votes For Votes Withheld Broker Non-Votes Brian D. Chambers 44,954,812 255,454 6,167,152 Curtis E. Espeland 44,657,125 553,141 6,167,152 Patrick P. Goris 44,420,067 790,199 6,167,152 Michael F. Hilton 44,417,343 792,923 6,167,152 Kathryn Jo Lincoln 44,168,281 1,041,985 6,167,152 Christopher L. Mapes 43,446,674 1,763,592 6,167,152 Phillip J. Mason 44,763,596 446,670 6,167,152 Ben P. Patel 44,590,400 619,866 6,167,152 Hellene S. Runtagh 43,528,213 1,682,053 6,167,152 Kellye L. Walker 44,515,511 694,755 6,167,152 evidence_url: https://www.sec.gov/Archives/edgar/data/59527/000119312523110581/0001193125-23-110581-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.