---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-021322"
form_type: "8-K"
ticker: "GYRO"
cik: "0001589061"
company_name: "Gyrodyne, LLC"
filed_at: "2022-08-25T23:59:59+00:00"
generated_at: "2026-06-23T21:21:08.929901+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Gyrodyne (GYRO) shareholders withhold majority from both director nominees; say-on-pay fails

## Summary
- 85.70% of eligible shares voted at Aug 24 annual meeting; 1,270,616 of 1,482,680 shares represented.
- Director nominees Lamb and Smith each received more withhold than for votes (Lamb: 443,666 for, 576,900 withhold; Smith: 446,127 for, 574,529 withhold); 249,960 broker non-votes.
- Non-binding advisory say-on-pay failed: 434,230 for, 586,424 against, 2 abstain, plus 249,960 broker non-votes.
- Ratification of Baker Tilly as auditor approved: 1,141,119 for, 119,894 against, 9,603 abstain.

## SEC filing metadata
- accession: 0001437749-22-021322
- form_type: 8-K
- ticker: GYRO
- cik: 0001589061
- company_name: Gyrodyne, LLC
- filed_at: 2022-08-25T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1589061/000143774922021322/0001437749-22-021322-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1589061/000143774922021322/gyrllc20220825_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-021322
- JSON: https://secwatch.observer/filing/0001437749-22-021322.json
- Plain text: https://secwatch.observer/filing/0001437749-22-021322.txt

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