American Airlines Group Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
$AAL
Air Freight/Delivery Services
Consumer Discretionary
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 5, 2024
(Exact name of registrant as specified in its charter)
| (State or other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
| (Address of principal executive offices) | (Zip Code) | ||||||||||||||||
Registrant’s telephone number, including area code:
(682 ) 278-9000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
— | (1) | |||||||||||||
(1) Attached to the Common Stock
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
| Emerging growth company | |||||
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| ITEM 5.07. | Submission of Matters to a Vote of Security Holders. | ||||
At the 2024 Annual Meeting of Stockholders of American Airlines Group Inc. (the “Company”), held on June 5, 2024, the stockholders of the Company voted on the following proposals, each of which is described in the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on April 25, 2024 (the “Proxy Statement”):
Proposal 1: Election of Directors.
The stockholders elected the following individuals to the Company’s Board of Directors:
| Nominee | For | Against | Abstain | Broker Non-Votes | ||||||||||||||||||||||||||||||||||
| Adriane M. Brown | 300,358,749 | 7,813,839 | 1,843,375 | 135,658,511 | ||||||||||||||||||||||||||||||||||
| John T. Cahill | 301,156,391 | 6,941,028 | 1,918,544 | 135,658,511 | ||||||||||||||||||||||||||||||||||
| Michael J. Embler | 300,987,777 | 7,094,220 | 1,933,966 | 135,658,511 | ||||||||||||||||||||||||||||||||||
| Matthew J. Hart | 300,032,009 | 8,038,636 | 1,945,318 | 135,658,511 | ||||||||||||||||||||||||||||||||||
| Robert D. Isom | 300,884,566 | 7,298,770 | 1,832,626 | 135,658,511 | ||||||||||||||||||||||||||||||||||
| Susan D. Kronick | 297,282,992 | 10,887,865 | 1,845,106 | 135,658,511 | ||||||||||||||||||||||||||||||||||
| Martin H. Nesbitt | 270,222,397 | 37,916,243 | 1,877,323 | 135,658,511 | ||||||||||||||||||||||||||||||||||
Denise M. O’Leary | 296,863,581 | 11,314,221 | 1,838,161 | 135,658,511 | ||||||||||||||||||||||||||||||||||
| Vicente Reynal | 294,704,212 | 13,403,701 | 1,908,049 | 135,658,511 | ||||||||||||||||||||||||||||||||||
| Gregory D. Smith | 299,011,620 | 9,122,461 | 1,881,882 | 135,658,511 | ||||||||||||||||||||||||||||||||||
| Douglas M. Steenland | 298,521,954 | 9,567,264 | 1,926,744 | 135,658,511 | ||||||||||||||||||||||||||||||||||
Proposal 2: Ratification of Appointment of Independent Registered Public Accounting Firm.
The stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024.
| For | Against | Abstain | ||||||||||||
| 431,681,000 | 9,772,266 | 4,221,208 | ||||||||||||
Proposal 3: Advisory Vote to Approve Executive Compensation.
The stockholders approved, on a non-binding, advisory basis, the compensation of the Company’s named executive officers as disclosed in the Proxy Statement.
| For | Against | Abstain | Broker Non-Votes | |||||||||||||||||
| 235,024,622 | 50,820,106 | 24,171,235 | 135,658,511 | |||||||||||||||||
Proposal 4: Approve an Amendment to the Certificate of Incorporation to Allow the Bylaws to be Amended by Simple Majority Vote.
The stockholders did not approve the proposal that the Company amend its Certificate of Incorporation to allow future amendments to its Bylaws by simple majority vote of its stockholders.
| For | Against | Abstain | Broker Non-Votes | |||||||||||||||||
| 300,997,604 | 7,376,263 | 1,642,095 | 135,658,511 | |||||||||||||||||
Proposal 5: Approve an Amendment to the Certificate of Incorporation to Allow All Other Provisions of the Certificate of Incorporation to be Amended by Simple Majority Vote.
The stockholders did not approve the proposal that the Company amend its Certificate of Incorporation to allow all other provisions of the Certificate of Incorporation to be amended in the future by simple majority vote of its stockholders.
| For | Against | Abstain | Broker Non-Votes | |||||||||||||||||
| 300,690,579 | 7,648,708 | 1,676,675 | 135,658,511 | |||||||||||||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, American Airlines Group Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
AMERICAN AIRLINES GROUP INC. | |||||||||||
| Date: June 5, 2024 | By: | /s/ Priya R. Aiyar | |||||||||
| Priya R. Aiyar | |||||||||||
| Corporate Secretary | |||||||||||