secwatch.observer — SEC 8-K summary
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Issuer:     Seritage Growth Properties (SRG)
CIK:        0001628063
Form:       8-K
Filed at:   2026-06-11T21:10:03+00:00
Accession:  0001193125-26-267880
Event type: other_material
Sentiment:  negative
Materiality: 0.15
Item codes: 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Seritage shareholders reject say-on-pay; all trustee nominees fail to get required vote but hold over
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- Say-on-pay rejected: 16.05M for, 18.69M against, 2.50M abstain (broker non-votes not counted).
- No trustee nominee received required two-thirds majority; all six received fewer 'for' votes than needed.
- John T. McClain received 17.81M for vs 18.41M against; other nominees had more 'for' than 'against' but still below threshold.
- All six incumbents continue as holdover trustees until successors are elected and qualified.
- Auditor Deloitte ratified with 27.03M for, 2.67M against, 13.50M abstain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1628063/000119312526267880/0001193125-26-267880-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1628063/000119312526267880/srg-20260611.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-267880

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