8-K
filed June 22, 2023, 7:59 PM ET
ticker ALTO
CIK 0000778164
other
confidence high
sentiment neutral
materiality 0.10
Alto Ingredients shareholders elect five directors, approve say-on-pay and stock plan increase
Alto Ingredients, Inc.
- All five director nominees elected: Kandris, Gray, Kieta, Nathan, Nury.
- Say-on-pay advisory vote approved: 31.5M for, 6.1M against.
- Amendment to 2016 Stock Incentive Plan passed, raising authorized shares from 8.9M to 11.4M.
- Ratification of RSM US LLP as auditor approved: 51.7M for, 1.2M against.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Alto Ingredients, Inc. shareholders approved Advisory vote on compensation of named executive officers (say-on-pay) at the 2023-06-22 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-06-22
Exact text from the filing
Proposal Two : To approve the 2022 compensation of the Company’s named executive officers, as disclosed in the proxy statement pursuant to the compensation disclosure rules of the Securities and Exchange Commission (“say-on-pay”). Total Votes For 31,475,018 Against 6,076,809 Abstain 184,316 Broker Non-Votes 15,616,443
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Alto Ingredients, Inc. shareholders approved Election of five directors to serve until next annual meeting at the 2023-06-22 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-06-22
Exact text from the filing
Proposal One : To elect five directors to serve on the Company’s board of directors until the next annual meeting of stockholders and/or until their successors are duly elected and qualified. The nominees for election were Michael D. Kandris, Maria G. Gray, Douglas L. Kieta, Gilbert E. Nathan and Dianne S. Nury. The following nominees were elected by the votes indicated to serve as directors until the next annual meeting of stockholders and/or until their successors are duly elected and qualified: Name Total Votes for Director Total Votes Withheld from Director Total Broker Non-Votes Michael D. Kandris 36,734,265 1,001,878 15,616,443 Maria G. Gray 36,785,440 950,703 15,616,443 Douglas L. Kieta 33,519,763 4,216,380 15,616,443 Gilbert E. Nathan 36,465,430 1,270,713 15,616,443 Dianne S. Nury 35,181,727 2,554,416 15,616,443
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Alto Ingredients, Inc. shareholders approved Approval of amendment to 2016 Stock Incentive Plan to increase authorized shares from 8,900,000 to 11,400,000 at the 2023-06-22 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-06-22
Exact text from the filing
Proposal Three : To approve an amendment to the Company’s 2016 Stock Incentive Plan to increase the number of shares of common stock authorized for issuance under the plan from 8,900,000 shares to 11,400,000 shares. Total Votes For 28,316,771 Against 9,337,222 Abstain 82,150 Broker Non-Votes 15,616,443
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Alto Ingredients, Inc. shareholders approved Ratification of RSM US LLP as independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-06-22 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-06-22
Exact text from the filing
Proposal Four : To ratify the appointment of RSM US LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023. Total Votes For 51,746,796 Against 1,152,716 Abstain 453,074 Broker Non-Votes N/A
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.