8-K
filed May 25, 2023, 7:59 PM ET
ticker SFES
CIK 0000086115
other material
confidence high
sentiment neutral
materiality 0.15
Safeguard Scientifics shareholders approve all four proposals at 2023 annual meeting
SAFEGUARD SCIENTIFICS INC
- Elected directors DeMont, Glass, Manko, Michelson with >7.3M votes each.
- Advisory say-on-pay approved: 8.4M for, 1.8M against, 100K abstain.
- Shareholders voted for annual say-on-pay frequency: 9.8M for one year.
- Ratified Grant Thornton as auditor: 13.3M for, 29K against, 120K abstain.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SAFEGUARD SCIENTIFICS INC shareholders approved Election of four directors to serve for a one-year term to expire at the 2024 Annual Meeting at the 2023-05-24 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-24
Exact text from the filing
Proposal I – Election of Directors Shareholders approved the election of four directors to serve as directors for a one-year term to expire at the 2024 Annual Meeting. The voting results for this proposal are as follows: Nominee Votes For Votes Withheld Broker Non-Votes Ross D. DeMont 7,746,103 2,555,052 3,175,282 Russell D. Glass 7,393,035 2,908,120 3,175,282 Joseph M. Manko, Jr. 8,507,740 1,793,415 3,175,282 Beth S. Michelson 7,845,165 2,455,990 3,175,282
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SAFEGUARD SCIENTIFICS INC shareholders approved Advisory Vote on Frequency of Future Advisory Votes Concerning Executive Compensation of the Named Executive Officers at the 2023-05-24 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-05-24
Exact text from the filing
Proposal III – Advisory Vote on Frequency of Future Advisory Votes Concerning Executive Compensation of the Named Executive Officers Shareholders approved, on an advisory basis, the Company’s proposal to hold future advisory votes on executive compensation of the named executed officers annually. In accordance with the Board of Director’s recommendation and the outcome of this advisory vote, the Company intends to hold the next advisory vote on the compensation of its named executive officers at the Company’s 2024 Annual Meeting. The voting results for this proposal are as follows: One Year Two Years Three Years Abstain Broker-Non-Votes 9,843,572 9,217 337,288 111,078 3,175,282
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SAFEGUARD SCIENTIFICS INC shareholders approved Ratification of the Appointment of Grant Thornton LLP as the Company’s Independent Registered Public Accounting Firm for Fiscal Year 2023 at the 2023-05-24 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-24
Exact text from the filing
Proposal IV – Ratification of the Appointment of Grant Thornton LLP as the Company ’ s Independent Registered Public Accounting Firm for Fiscal Year 2023 Shareholders ratified the appointment of Grant Thornton LLP to serve as the Company’s independent registered public accounting firm for its 2023 fiscal year. The voting results for this proposal are as follows: Votes For Votes Against Abstain Broker Non-Votes 13,327,530 29,005 119,902 --- 2
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
SAFEGUARD SCIENTIFICS INC shareholders approved Advisory Vote Concerning Executive Compensation of the Named Executive Officers at the 2023-05-24 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-24
Exact text from the filing
Proposal II – Advisory Vote Concerning Executive Compensation of the Named Executive Officers Shareholders approved, on an advisory basis, the Company’s compensation of its named executive officers, as disclosed in the Compensation Discussion and Analysis and Executive Compensation sections of the Company’s 2023 Annual Meeting Proxy Statement. The voting results for this proposal are as follows: Votes For Votes Against Abstain Broker Non-Votes 8,413,899 1,786,864 100,392 3,175,282
View on SEC.gov
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