---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-028017"
form_type: "8-K"
ticker: "BSET"
cik: "0000010329"
company_name: "BASSETT FURNITURE INDUSTRIES INC"
filed_at: "2022-11-23T23:59:59+00:00"
generated_at: "2026-06-21T13:14:06.975620+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Bassett Furniture amends bylaws to add universal proxy rules and expand shareholder disclosure

## Summary
- Added provisions for organization of shareholder meetings and proxy submission details.
- Expanded disclosure required from shareholders making director nominations or proposing business.
- Added compliance provisions for SEC universal proxy rules (Rule 14a-19) and color proxy cards.
- Made technical, clarifying, ministerial, and conforming updates to the bylaws.

## SEC filing metadata
- accession: 0001437749-22-028017
- form_type: 8-K
- ticker: BSET
- cik: 0000010329
- company_name: BASSETT FURNITURE INDUSTRIES INC
- filed_at: 2022-11-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/10329/000143774922028017/0001437749-22-028017-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/10329/000143774922028017/bset20221123_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-028017
- JSON: https://secwatch.observer/filing/0001437749-22-028017.json
- Plain text: https://secwatch.observer/filing/0001437749-22-028017.txt

## Key facts
- Governance Changes
  BASSETT FURNITURE INDUSTRIES INC: Approved amendments to the Amended and Restated By-Laws, including provisions regarding shareholder meetings, proxy submissions, director nomination disclosures, universal proxy rules, and other updates (effective 2022-11-22).
  - Change: bylaw amendment
  - Effective: 2022-11-22
  source text: On and effective November 22, 2022, the Board of Directors of Bassett Furniture Industries, Incorporated (the “Company”), as part of a review of the Company’s governance documents, approved changes to the Company’s Amended and Restated By-Laws (as amended and restated, the “By-Laws”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/10329/000143774922028017/0001437749-22-028017-index.htm

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