---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-017575"
form_type: "8-K"
ticker: "CLPR"
cik: "0001649096"
company_name: "Clipper Realty Inc."
filed_at: "2023-06-15T23:59:59+00:00"
generated_at: "2026-06-14T00:17:07.189615+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Clipper Realty stockholders elect all seven director nominees and approve auditor, say-on-pay at 2023 annual meeting

## Summary
- All seven director nominees elected; vote totals range from 30.1M (Lorber) to 34.2M (Burger) votes for.
- Ratification of PKF O'Connor Davies as independent auditor for FY2023: 39.1M for, 122K against.
- Advisory say-on-pay approved: 34.0M for, 1.3M against, 16.8K abstain.
- Non-binding vote favored holding say-on-pay every 3 years (29.7M votes); board accepted.

## SEC filing metadata
- accession: 0001437749-23-017575
- form_type: 8-K
- ticker: CLPR
- cik: 0001649096
- company_name: Clipper Realty Inc.
- filed_at: 2023-06-15T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1649096/000143774923017575/0001437749-23-017575-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1649096/000143774923017575/clpr20230615_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-017575
- JSON: https://secwatch.observer/filing/0001437749-23-017575.json
- Plain text: https://secwatch.observer/filing/0001437749-23-017575.txt

## Key facts
- Shareholder Votes
  Clipper Realty Inc. shareholders approved Advisory (non-binding) vote on the frequency of holding future advisory votes on the compensation of our named executive officers. at the 2023-06-15 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-06-15
  source text: Proposal 4 : Advisory (non-binding) vote on the frequency of holding future advisory votes on the compensation of our named executive officers. The Board has accepted the recommendation of the shareholders and will hold future advisory votes every three years. 1 year 2 years 3 years Abstain 5,533,838 4,519 29,718,354 17,626
  evidence_url: https://www.sec.gov/Archives/edgar/data/1649096/000143774923017575/0001437749-23-017575-index.htm
- Shareholder Votes
  Clipper Realty Inc. shareholders approved Advisory (non-binding) vote on the compensation of our named executive officers. at the 2023-06-15 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-06-15
  source text: Proposal 3 : Advisory (non-binding) vote on the compensation of our named executive officers. For Against Abstain Broker Non-Votes 34,002,074 1,255,498 16,765 3,988,460
  evidence_url: https://www.sec.gov/Archives/edgar/data/1649096/000143774923017575/0001437749-23-017575-index.htm
- Shareholder Votes
  Clipper Realty Inc. shareholders approved Ratification of the appointment of PKF O’Connor Davies, LLP, as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-06-15 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-06-15
  source text: Proposal 2 : The ratification of the appointment of PKF O’Connor Davies, LLP, as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023. For Against Abstain 39,109,491 121,996 31,310
  evidence_url: https://www.sec.gov/Archives/edgar/data/1649096/000143774923017575/0001437749-23-017575-index.htm
- Shareholder Votes
  Clipper Realty Inc. shareholders approved Election of the seven director nominees named in the Proxy Statement. at the 2023-06-15 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-06-15
  source text: Proposal 1 : The election of the seven director nominees named in the Proxy Statement. Director Nominee For Withheld Broker Non-Votes David Bistricer 33,911,584 1,362,753 3,988,460 Sam Levinson 33,685,235 1,589,102 3,988,460 Howard M. Lorber 30,079,052 5,195,285 3,988,460 Robert J. Ivanhoe 30,080,891 5,193,446 3,988,460 Roberto A. Verrone 33,691,508 1,582,829 3,988,460 Harmon S. Spolan 31,553,357 3,720,980 3,988,460 Richard N. Burger 34,209,526 1,064,811 3,988,460
  evidence_url: https://www.sec.gov/Archives/edgar/data/1649096/000143774923017575/0001437749-23-017575-index.htm

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