8-K
filed April 19, 2023, 7:59 PM ET
ticker OTTR
CIK 0001466593
other material
confidence high
sentiment neutral
materiality 0.60
Otter Tail shareholders elect directors, approve advisory votes and 2023 stock plan
Otter Tail Corp
- Shareholders re-elected John D. Erickson, Nathan I. Partain, and Jeanne H. Crain as directors for three-year terms.
- Advisory vote approved executive compensation with 26,134,940 for and 696,211 against.
- Shareholders voted for a one-year frequency for future say-on-pay votes (25,511,046 for one year).
- Adopted the 2023 Stock Incentive Plan with 26,075,218 votes for and 895,106 against.
- Ratified Deloitte & Touche as independent auditor for 2023 (33,237,781 for, 543,757 against).
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
Otter Tail Corp shareholders approved Approval, In a Non-Binding Advisory Vote, of Compensation Provided to the Named Executive Officers as Described in the Proxy Statement at the 2023-04-17 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-04-17
Exact text from the filing
Approval, In a Non-Binding Advisory Vote, of Compensation Provided to the Named Executive Officers as Described in the Proxy Statement: Votes For Votes Against Votes Abstained Broker Non-Votes 26,134,940 696,211 412,280 6,702,611
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
Otter Tail Corp shareholders approved Election of Directors at the 2023-04-17 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-04-17
Exact text from the filing
Election of Directors: Director’s Name Votes For Votes Withheld Broker Non-Votes John D. Erickson 26,722,234 521,197 6,702,611 Nathan I. Partain 26,758,332 485,099 6,702,611 Jeanne H. Crain 26,925,494 317,937 6,702,611 All three directors were elected, or re-elected, to serve three-year terms expiring at the time of the 2026 Annual Shareholder Meeting and until their successors are duly elected and qualified.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
Otter Tail Corp shareholders approved Determination, In a Non-Binding Advisory Vote, of Whether Future Shareholder Votes on the Compensation of the Named Executive Officers Should Occur Every One, Two or Three Years at the 2023-04-17 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-04-17
Exact text from the filing
Determination, In a Non-Binding Advisory Vote, of Whether Future Shareholder Votes on the Compensation of the Named Executive Officers Should Occur Every One, Two or Three Years: Votes For One Year Votes For Two Years Votes For Three Years Votes Abstained Broker Non-Votes 25,511,046 358,621 1,216,875 156,889 6,702,611
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
Otter Tail Corp shareholders approved Adoption of the Otter Tail Corporation 2023 Stock Incentive Plan at the 2023-04-17 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-04-17
Exact text from the filing
Adoption of the Otter Tail Corporation 2023 Stock Incentive Plan: Votes For Votes Against Votes Abstained Broker Non-Votes 26,075,218 895,106 273,107 6,702,611
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
Otter Tail Corp shareholders approved Ratification of the Appointment of Deloitte & Touche LLP as Otter Tail Corporation’s Independent Registered Public Accounting Firm for the Year 2023 at the 2023-04-17 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-04-17
Exact text from the filing
Ratification of the Appointment of Deloitte & Touche LLP as Otter Tail Corporation’s Independent Registered Public Accounting Firm for the Year 2023: Votes For Votes Against Votes Abstained Broker Non-Votes 33,237,781 543,757 164,504 —
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.