---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-003368"
form_type: "8-K"
ticker: "GAIN"
cik: "0001321741"
company_name: "GLADSTONE INVESTMENT CORPORATION\\DE"
filed_at: "2024-01-05T23:59:59+00:00"
generated_at: "2026-06-07T02:59:38.975974+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Gladstone Investment shareholders approve new advisory agreement; voting trust set for family succession

## Summary
- Shareholders voted 15.8M for, 0.9M against to approve new investment advisory agreement with Gladstone Management Corp.
- Vote triggered by David Gladstone's plan to deposit 100% of his indirect interests in the adviser into a voting trust.
- Voting trust board of five trustees (David, Lorna, Laura, Kent Gladstone, Jessica Martin) each holds 20% voting power upon effective date.
- Effective date set at earliest of David's death, his election, or one year from signing; senior management continues day-to-day operations.

## SEC filing metadata
- accession: 0001193125-24-003368
- form_type: 8-K
- ticker: GAIN
- cik: 0001321741
- company_name: GLADSTONE INVESTMENT CORPORATION\DE
- filed_at: 2024-01-05T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1321741/000119312524003368/0001193125-24-003368-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1321741/000119312524003368/d706956d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-003368
- JSON: https://secwatch.observer/filing/0001193125-24-003368.json
- Plain text: https://secwatch.observer/filing/0001193125-24-003368.txt

## Key facts
- Shareholder Votes
  GLADSTONE INVESTMENT CORPORATION\DE shareholders approved To approve a new investment advisory agreement between the Company and Gladstone Management Corporation, the Company’s investment adviser at the 2024-01-04 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2024-01-04
  source text: To approve a new investment advisory agreement between the Company and Gladstone Management Corporation, the Company’s investment adviser: For Against Abstain 15,797,260 884,850 733,182
  evidence_url: https://www.sec.gov/Archives/edgar/data/1321741/000119312524003368/0001193125-24-003368-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.