---
schema_version: "secwatch.filing_event.v1"
accession: "0001562762-25-000030"
form_type: "8-K"
ticker: "CALM"
cik: "0000016160"
company_name: "CAL-MAINE FOODS INC"
filed_at: "2025-02-25T23:59:59+00:00"
generated_at: "2026-05-26T04:46:31.813835+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cal-Maine founder family may sell voting control; board classified, cumulative voting eliminated

## Summary
- Daughters' LLC holds 52% voting power; if all Class A shares converted to common, voting power falls to 12%.
- Family members granted 12-month registration rights to sell common shares following Class A Conversion.
- Charter amendments: classified board, supermajority charter amendment, no cumulative voting, no written consent.
- Board authorized to issue up to 10 million shares of undesignated preferred stock.
- Conversion Agreement does not require family to convert or sell; no change of control has occurred.

## SEC filing metadata
- accession: 0001562762-25-000030
- form_type: 8-K
- ticker: CALM
- cik: 0000016160
- company_name: CAL-MAINE FOODS INC
- filed_at: 2025-02-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 1.02, 5.01, 5.03, 5.07, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/16160/000156276225000030/0001562762-25-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/16160/000156276225000030/8k20250225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001562762-25-000030
- JSON: https://secwatch.observer/filing/0001562762-25-000030.json
- Plain text: https://secwatch.observer/filing/0001562762-25-000030.txt

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