--- schema_version: "secwatch.filing_event.v1" accession: "0001437749-23-015281" form_type: "8-K" ticker: "NPK" cik: "0000080172" company_name: "NATIONAL PRESTO INDUSTRIES INC" filed_at: "2023-05-19T23:59:59+00:00" generated_at: "2026-06-14T20:22:28.829594+00:00" event_type: "other_material" sentiment: "positive" materiality_score: 0.6 calibrated_materiality_score: 0.6 confidence: "high" source: SEC EDGAR --- # NPK director Cardozo resigns; COO Frederick appointed; new products unveiled at meeting ## Summary - Richard Cardozo resigned as director effective May 16, 2023; no disagreement with company. - Board appointed COO Douglas Frederick to fill vacancy; term expires 2025. - Stockholders re-elected Lieble and Stienessen, ratified RSM US LLP, approved non-binding executive compensation votes. - New Rely smoke/CO alarms with 10-year battery and bilingual English/Spanish alerts showcased. - FreshDaddy vacuum sealers introduced: basic, premium, deluxe with marinate function; also bag rolls and accessories. ## SEC filing metadata - accession: 0001437749-23-015281 - form_type: 8-K - ticker: NPK - cik: 0000080172 - company_name: NATIONAL PRESTO INDUSTRIES INC - filed_at: 2023-05-19T23:59:59+00:00 - event_type: other_material - sentiment: positive - materiality_score: 0.6 - calibrated_materiality_score: 0.6 - confidence: high - sec_items: 5.02, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/80172/000143774923015281/0001437749-23-015281-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/80172/000143774923015281/npk20230519_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001437749-23-015281 - JSON: https://secwatch.observer/filing/0001437749-23-015281.json - Plain text: https://secwatch.observer/filing/0001437749-23-015281.txt ## Key facts - Executive change Richard N. Cardozo resigned as Director at NATIONAL PRESTO INDUSTRIES INC. - Action: resigned - Role: Director source text: On May 16, 2023, Richard N. Cardozo tendered his resignation as a member of the Board of Directors (the “Board”) of National Presto Industries, Inc. (the “Company”) and as a member of the Audit, Compensation and Nominating/Governance Committees of the Board effective immediately. evidence_url: https://www.sec.gov/Archives/edgar/data/80172/000143774923015281/0001437749-23-015281-index.htm - Executive change Douglas J. Frederick was appointed as Director at NATIONAL PRESTO INDUSTRIES INC. - Action: appointed - Role: Director source text: On May 16, 2023, upon the recommendation of the Nominating/Governance Committee, the Board appointed Douglas J. Frederick to fill the vacancy on the Board following the resignation of Mr. Cardozo. evidence_url: https://www.sec.gov/Archives/edgar/data/80172/000143774923015281/0001437749-23-015281-index.htm - Shareholder Votes NATIONAL PRESTO INDUSTRIES INC shareholders approved Advisory (Non-Binding) Vote on Frequency of an Advisory Vote on Executive Compensation at the 2023-05-16 meeting. - Proposal: say on pay frequency - Outcome: passed - Meeting: 2023-05-16 source text: The Company held its Annual Meeting of Stockholders on May 16, 2023. At the meeting, stockholders re-elected Randy F. Lieble and Joseph G. Stienessen to serve as directors, each for a three-year term ending at the annual meeting to be held in 2026. Stockholders also ratified the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023. On a non-binding advisory basis, stockholders approved the compensation of the Company’s named executive officers and voted on the frequency of future advisory votes on executive compensation. A press release regarding the outcome of the votes of stockholders is attached hereto as Exhibit 99.1. Set forth below are the final voting results for each of the proposals. Election of Directors Name For Withheld Broker Non-Votes Randy F. Lieble 5,113,585 822,760 592,847 Joseph G. Stienessen 3,351,337 2,585,008 592,847 Ratify the Appointment of RSM US LLP as the Independent Registered Public Ac evidence_url: https://www.sec.gov/Archives/edgar/data/80172/000143774923015281/0001437749-23-015281-index.htm - Shareholder Votes NATIONAL PRESTO INDUSTRIES INC shareholders approved Ratify the Appointment of RSM US LLP as the Independent Registered Public Accounting Firm at the 2023-05-16 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-05-16 source text: The Company held its Annual Meeting of Stockholders on May 16, 2023. At the meeting, stockholders re-elected Randy F. Lieble and Joseph G. Stienessen to serve as directors, each for a three-year term ending at the annual meeting to be held in 2026. Stockholders also ratified the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023. On a non-binding advisory basis, stockholders approved the compensation of the Company’s named executive officers and voted on the frequency of future advisory votes on executive compensation. A press release regarding the outcome of the votes of stockholders is attached hereto as Exhibit 99.1. Set forth below are the final voting results for each of the proposals. Election of Directors Name For Withheld Broker Non-Votes Randy F. Lieble 5,113,585 822,760 592,847 Joseph G. Stienessen 3,351,337 2,585,008 592,847 Ratify the Appointment of RSM US LLP as the Independent Registered Public Ac evidence_url: https://www.sec.gov/Archives/edgar/data/80172/000143774923015281/0001437749-23-015281-index.htm - Shareholder Votes NATIONAL PRESTO INDUSTRIES INC shareholders approved Advisory (Non-Binding) Vote on Executive Compensation at the 2023-05-16 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-05-16 source text: The Company held its Annual Meeting of Stockholders on May 16, 2023. At the meeting, stockholders re-elected Randy F. Lieble and Joseph G. Stienessen to serve as directors, each for a three-year term ending at the annual meeting to be held in 2026. Stockholders also ratified the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023. On a non-binding advisory basis, stockholders approved the compensation of the Company’s named executive officers and voted on the frequency of future advisory votes on executive compensation. A press release regarding the outcome of the votes of stockholders is attached hereto as Exhibit 99.1. Set forth below are the final voting results for each of the proposals. Election of Directors Name For Withheld Broker Non-Votes Randy F. Lieble 5,113,585 822,760 592,847 Joseph G. Stienessen 3,351,337 2,585,008 592,847 Ratify the Appointment of RSM US LLP as the Independent Registered Public Ac evidence_url: https://www.sec.gov/Archives/edgar/data/80172/000143774923015281/0001437749-23-015281-index.htm - Shareholder Votes NATIONAL PRESTO INDUSTRIES INC shareholders approved Election of Directors at the 2023-05-16 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-05-16 source text: The Company held its Annual Meeting of Stockholders on May 16, 2023. At the meeting, stockholders re-elected Randy F. Lieble and Joseph G. Stienessen to serve as directors, each for a three-year term ending at the annual meeting to be held in 2026. Stockholders also ratified the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2023. On a non-binding advisory basis, stockholders approved the compensation of the Company’s named executive officers and voted on the frequency of future advisory votes on executive compensation. A press release regarding the outcome of the votes of stockholders is attached hereto as Exhibit 99.1. Set forth below are the final voting results for each of the proposals. Election of Directors Name For Withheld Broker Non-Votes Randy F. Lieble 5,113,585 822,760 592,847 Joseph G. Stienessen 3,351,337 2,585,008 592,847 Ratify the Appointment of RSM US LLP as the Independent Registered Public Ac evidence_url: https://www.sec.gov/Archives/edgar/data/80172/000143774923015281/0001437749-23-015281-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.