secwatch.observer — SEC 8-K summary
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Issuer:     Kimball Electronics, Inc. (KE)
CIK:        0001606757
Form:       8-K
Filed at:   2023-11-21T23:59:59+00:00
Accession:  0001606757-23-000067
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 5.07, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kimball Electronics shareholders approve 2023 Equity Incentive Plan (2M shares); re-elect directors
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- Shareholders approved 2023 Equity Plan authorizing up to 2M new shares, with 53% of votes cast in favor; plan expires Nov 2033.
- Board replaced 2021 Severance Plan with 2023 Leadership Team Severance Plan; terms unchanged, clarifies coverage and updates titles.
- All three Class III director nominees re-elected with 96-98% of votes cast in favor.
- Ratified Deloitte as auditor for FY2024 with 96.8% votes cast in favor; say-on-pay approved with 98% votes cast in favor.
- Post-meeting, Board appointed committee chairs: Holcomb (Audit), Vadaketh (Nominating & ESG), Van Deursen (Talent/Comp).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1606757/000160675723000067/0001606757-23-000067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1606757/000160675723000067/ke-20231117.htm
  HTML page:      https://secwatch.observer/filing/0001606757-23-000067

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer