other_material
confidence high
sentiment positive
materiality 0.50
Wingstop stockholders approve board declassification and removal of supermajority voting provisions
Wingstop Inc.
- Stockholders approved amendment to declassify Board, providing for annual director elections (25,275,903 for, 80,840 against).
- Stockholders approved elimination of supermajority voting provisions in Certificate of Incorporation (25,312,463 for, 44,466 against).
- Board also amended Bylaws to remove sole supermajority provision on bylaw amendments, effective concurrently.
item 5.03item 5.07item 9.01