secwatch.observer — SEC 8-K summary
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Issuer:     Air Products & Chemicals, Inc. (APD)
CIK:        0000002969
Form:       8-K
Filed at:   2025-01-27T23:59:59+00:00
Accession:  0001193125-25-013460
Event type: other_material
Sentiment:  negative
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Air Products elects three Mantle Ridge nominees; CEO Ghasemi loses board seat
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- Mantle Ridge nominees Paul Hilal, Andrew Evans, Dennis Reilley elected; six management nominees also elected.
- Incumbent CEO Seifollah Ghasemi received 76.2M votes for vs 100.0M withheld, not elected.
- Advisory say-on-pay passed with 93.7% support; auditor ratification approved with 99.5%.
- Shareholder proposal to repeal bylaw amendments failed with 49.2% of entitled votes in favor.
- Total shares voted: 176.7M (79.4% of outstanding shares).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2969/000119312525013460/0001193125-25-013460-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2969/000119312525013460/d849404d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-013460

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer