secwatch.observer — SEC 8-K summary
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Issuer:     Gyrodyne, LLC (GYRO)
CIK:        0001589061
Form:       8-K
Filed at:   2022-08-25T23:59:59+00:00
Accession:  0001437749-22-021322
Event type: other_material
Sentiment:  negative
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1589061/000143774922021322/0001437749-22-021322-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1589061/000143774922021322/gyrllc20220825_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-021322

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