---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-005952"
form_type: "8-K"
ticker: "BSET"
cik: "0000010329"
company_name: "BASSETT FURNITURE INDUSTRIES INC"
filed_at: "2023-03-09T23:59:59+00:00"
generated_at: "2026-06-18T06:17:14.464641+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Bassett Furniture shareholders elect all directors, ratify auditor, approve exec comp

## Summary
- All 8 director nominees elected; vote totals ranged from 5.6M to 6.0M votes for.
- Ratification of Ernst & Young as independent auditor: 7.1M for, 140K against, 16K abstain.
- Advisory vote on executive compensation approved: 5.8M for, 206K against, 51K abstain.
- Broker non-votes: 1.2M on director elections and exec comp proposal; 28 on auditor ratification.

## SEC filing metadata
- accession: 0001437749-23-005952
- form_type: 8-K
- ticker: BSET
- cik: 0000010329
- company_name: BASSETT FURNITURE INDUSTRIES INC
- filed_at: 2023-03-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/10329/000143774923005952/0001437749-23-005952-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/10329/000143774923005952/bset20230309_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-005952
- JSON: https://secwatch.observer/filing/0001437749-23-005952.json
- Plain text: https://secwatch.observer/filing/0001437749-23-005952.txt

## Key facts
- Shareholder Votes
  BASSETT FURNITURE INDUSTRIES INC shareholders approved Approval of Officer Compensation at the 2022-03-08 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2022-03-08
  source text: To consider and act on an advisory vote regarding the approval of the compensation paid to certain executive officers. The final tabulation was as follows: Proposal Votes For Votes Against Votes Abstain Broker Non-Vote Approval of Officer Compensation 5,818,300 206,189 51,361 1,207,477
  evidence_url: https://www.sec.gov/Archives/edgar/data/10329/000143774923005952/0001437749-23-005952-index.htm
- Shareholder Votes
  BASSETT FURNITURE INDUSTRIES INC shareholders approved Election of Directors at the 2022-03-08 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2022-03-08
  source text: all director nominees were elected. The voting tabulation was as follows: Nominee Votes For Votes Withheld Votes Abstain Broker Non-Vote Emma S. Battle 6,031,368 44,487 - 1,207,472 John R. Belk 6,019,947 55,935 - 1,207,472 Kristina Cashman 5,989,185 86,670 - 1,207,472 Virginia W. Hamlet 5,707,108 368,747 - 1,207,472 J. Walter McDowell 6,004,117 71,738 - 1,207,472 Robert H. Spilman, Jr. 6,002,903 72,952 - 1,207,472 William C. Wampler, Jr. 5,608,871 466,984 - 1,207,472 William C. Warden, Jr. 5,637,988 437,867 - 1,207,472
  evidence_url: https://www.sec.gov/Archives/edgar/data/10329/000143774923005952/0001437749-23-005952-index.htm
- Shareholder Votes
  BASSETT FURNITURE INDUSTRIES INC shareholders approved Ratification of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm at the 2022-03-08 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2022-03-08
  source text: Ratification of Ernst & Young LLP as the Company’s Independent Registered Public Accounting Firm. The final tabulation was as follows: Proposal Votes For Votes Against Votes Abstain Broker Non-Vote Ratification of Ernst & Young LLP 7,127,696 139,580 16,023 28
  evidence_url: https://www.sec.gov/Archives/edgar/data/10329/000143774923005952/0001437749-23-005952-index.htm

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