other_material
confidence high
sentiment negative
materiality 0.75
SGRP shareholders reject say-on-pay and stock plan; Matacunas reappointed by contract after vote loss
SPAR Group, Inc.
- Say-on-pay failed: 7.18M for vs 10.45M against; stock plan also rejected (7.67M vs 9.97M).
- Auditor ratification nearly split: 9.65M for vs 9.63M against; passed by ~13K votes.
- Directors Bode, Houston, Matacunas each received more votes against than for; Matacunas reappointed by contract.
- Frequency vote: 17.51M favored 1-year advisory frequency.
- Voter turnout 82% (19.31M shares); only 3 of 7 nominees qualified as Super Independent.
item 5.07