8-K
filed May 24, 2023, 7:59 PM ET
ticker VPG
CIK 0001487952
other material
confidence high
sentiment neutral
materiality 0.15
Vishay Precision Group shareholders reject charter amendment; all other proposals pass
Vishay Precision Group, Inc.
- All eight director nominees elected; Wesley Cummins received 6.85M withhold votes.
- Brightman Almagor Zohar & Co. ratified as auditor for FY 2023 with 20.3M votes for.
- Non-binding advisory vote on executive compensation approved with 17.8M votes for.
- Shareholders selected 1-year frequency for future advisory compensation votes with 17.8M votes for.
- Charter amendment failed: common stock holders voted 5.3M against vs 3.8M for, not meeting required majority of outstanding shares.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Vishay Precision Group, Inc. shareholders approved Ratification of Selection of Independent Registered Public Accounting Firm at the 2023-05-24 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-24
Exact text from the filing
The Company's stockholders ratified the appointment of Brightman Almagor Zohar & Co., a firm in the Deloitte global network, as the Company's independent registered public accounting firm for the year ending December 31, 2023.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Vishay Precision Group, Inc. shareholders rejected Amendment to the Amended and Restated Certificate of Incorporation at the 2023-05-24 meeting.
- Proposal
- charter amendment
- Outcome
- failed
- Meeting
- 2023-05-24
Exact text from the filing
The proposed amendment will not be implemented because a majority of the votes of the outstanding shares of common stock (group (ii) above) did not approve the amendment.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Vishay Precision Group, Inc. shareholders approved Election of Directors at the 2023-05-24 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-24
Exact text from the filing
The Company’s stockholders voted to elect Janet Clarke, Wesley Cummins, Sejal Shah Gulati, Bruce Lerner, Saul Reibstein, Ziv Shoshani, Timothy Talbert and Marc Zandman to serve as directors of the Company for a one-year term expiring on the date of the Company’s 2024 Annual Meeting of Stockholders.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Vishay Precision Group, Inc. shareholders approved Advisory, Non-binding Vote Related to Frequency of Vote on Executive Compensation at the 2023-05-24 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-05-24
Exact text from the filing
The Company’s stockholders, on an advisory basis, voted to approve the non-binding resolution relating to the frequency of vote on executive compensation
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Vishay Precision Group, Inc. shareholders approved Advisory, Non-binding Vote Related to Executive Compensation at the 2023-05-24 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-24
Exact text from the filing
The Company’s stockholders, on an advisory basis, voted to approve the non-binding resolution relating to executive compensation
View on SEC.gov
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