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8-K filed December 15, 2023, 6:59 PM ET ticker TCI CIK 0000733590
other confidence high sentiment neutral materiality 0.15

All six TCI director nominees elected at Dec 13 annual meeting; shareholder proposal defeated

TRANSCONTINENTAL REALTY INVESTORS INC

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

TRANSCONTINENTAL REALTY INVESTORS INC shareholders approved Approval of an Amendment to Article TENTH, Subpart C of the Articles of Incorporation at the 2023-12-13 meeting.

Proposal
charter amendment
Outcome
passed
Meeting
2023-12-13
Exact text from the filing
The third matter presented at the Annual Meeting was the approval of an Amendment to Article TENTH, Subpart C of the Articles of Incorporation. A total of 7,747,491 votes were cast FOR, 156,089 votes were cast AGAINST, 33,928 votes ABSTAINED and 20,330 votes were broker on-votes.
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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

TRANSCONTINENTAL REALTY INVESTORS INC shareholders rejected Stockholder Proposal for engagement of an investment banking firm to evaluate alternatives that will maximize share value for all shareholders at the 2023-12-13 meeting.

Outcome
failed
Meeting
2023-12-13
Exact text from the filing
The fourth matter presented at the Annual Meeting was a Stockholder Proposal for engagement of an investment banking firm to evaluate alternatives that will maximize share value for all shareholders. A total of 201,823 votes (2.34%) were cast FOR, 7,728,610 votes were cast AGAINST, 7,075 votes ABSTAINED from voting and 20,230 votes were broker non-votes. The matter failed.
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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

TRANSCONTINENTAL REALTY INVESTORS INC shareholders approved Ratification of the appointment of Farmer, Fuqua & Huff, P.C. as the independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-12-13 meeting.

Proposal
auditor ratification
Outcome
passed
Meeting
2023-12-13
Exact text from the filing
The second matter presented at the Annual Meeting was the ratification of the appointment of Farmer, Fuqua & Huff, P.C. as the independent registered public accounting firm for the Registrant for the fiscal year ending December 31, 2023, and any interim period. A total of 7,915,084 votes were cast FOR, 38,433 votes were cast AGAINST, and 4,221 votes ABSTAINED from voting with respect to such proposal.
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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

TRANSCONTINENTAL REALTY INVESTORS INC shareholders approved Election of Directors at the 2023-12-13 meeting.

Proposal
director election
Outcome
passed
Meeting
2023-12-13
Exact text from the filing
At the Annual Meeting, which involved the election of directors, the following named persons received the number of votes cast for, against or withheld, as well as the number of abstention and broker non-votes: Name No. of Votes For Of Shares Voted, % For No. of Votes Withheld No. of Votes Abstained Broker Non- Votes Henry A. Butler 7,666,799 88.74 % 270,709 - 20,230 William J. Hogan 7,736,829 89.55 % 200,379 - 20,230 Robert A. Jakuszewski 7,549,744 87.39 % 387,764 - 20,230 Ted R. Munselle 7,522,193 87.07 % 415.315 - 20,230 Bradford A. Phillips 7,549,610 87.39 % 387,898 - 20,230 Fernand Victor Lara Celis 7,732,664 89.51 % 204,844 - 20,230 All of the nominees named above, each of which is currently a director of the Registrant, were elected at such Annual Meeting.
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TRANSCONTINENTAL REALTY INVESTORS INC filing history →

Source: SEC EDGAR
accession 0001214659-23-016491
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