BGSF Inc. filed SEC Form 8-K: Leadership Update, Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
$BGSF
Professional 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):
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(972 ) 692-2400
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| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. | ||||
On November 5, 2025, BGSF, Inc. (the “Company”) held its annual meeting of stockholders (the "Annual Meeting"). At the Annual Meeting, the Company's stockholders approved (i) an amendment to the BGSF, Inc. 2013 Long-Term Incentive Plan to increase the number of shares of common stock reserved for issuance thereunder by 250,000 shares, and (ii) an amendment to the BGSF, Inc. 2020 Employee Stock Purchase Plan to increase the number of shares of common stock reserved for issuance thereunder by 250,000 shares. A more complete description of the terms of such plans can be found in the definitive proxy statement on Schedule 14A filed with the SEC on September 16, 2025, which description is incorporated by reference herein.
| Item 5.07 | Submission of Matters to a Vote of Security Holders | ||||
The Company's stockholders voted on six proposals and cast their votes as described below. The proposals are further described in the Company’s definitive proxy statement on Schedule 14A as filed with the SEC on September 16, 2025.
Proposal 1
An election of Class II directors of the Company to serve until the third annual meeting following the Annual Meeting. The following individuals were elected as Class II directors of the Company:
Nominee | Votes For | Votes Withheld | Broker Non-Votes | |||||||||||||||||
| Richard L. Baum, Jr. | 4,015,562 | 1,124,854 | 1,657,164 | |||||||||||||||||
| Paul A. Seid | 4,047,599 | 1,092,817 | 1,657,164 | |||||||||||||||||
There were no abstentions on this matter.
Proposal 2
The proposal to ratify the appointment of Whitley Penn LLP as our independent registered public accounting firm for the fiscal year ending December 28, 2025 was approved based upon the following votes:
Number of Votes For | Number of Votes Against | Number of Votes Abstained | Broker Non-Votes | |||||||||||||||||
| 6,125,662 | 657,321 | 14,596 | — | |||||||||||||||||
Proposal 3
The proposal to approve the amendment to the 2013 BGSF long-term incentive plan was approved based upon the following votes:
Number of Votes For | Number of Votes Against | Number of Votes Abstained | Broker Non-Votes | |||||||||||||||||
| 3,264,140 | 1,850,331 | 25,943 | 1,657,166 | |||||||||||||||||
Proposal 4
The proposal to approve the amendment to the 2020 BGSF employee stock purchase plan was approved based upon the following votes:
Number of Votes For | Number of Votes Against | Number of Votes Abstained | Broker Non-Votes | |||||||||||||||||
| 4,915,918 | 209,264 | 15,232 | 1,657,166 | |||||||||||||||||
Proposal 5
The advisory vote to approve named executive officer compensation was approved based upon the following votes:
Number of Votes For | Number of Votes Against | Number of Votes Abstained | Broker Non-Votes | |||||||||||||||||
| 3,640,870 | 1,242,037 | 257,506 | 1,657,167 | |||||||||||||||||
Proposal 6
The advisory vote to approve the how frequently shareholders will be provided a "Say-on-pay" was approved for based upon the following votes:
Every 1 Year | Every 2 Year | Every 3 Year | Abstain | Broker Non-Votes | ||||||||||||||||||||||
| 2,412,130 | 40,980 | 2,397,818 | 271,486 | 1,675,166 | ||||||||||||||||||||||
The Board of Directors of the Company decided on an “every year” frequency.
| Item 9.01 | Financial Statements and Exhibits | ||||
(d) Exhibits
Exhibit
No. Description
10.1 BGSF, Inc. 2013 Long-Term Incentive Plan, as amended (incorporated by reference to Annex A to the Definitive Proxy Statement on Schedule 14A filed with the SEC on September 16, 2025)
10.2 BGSF, Inc. 2020 Employee Stock Purchase Plan, as amended (incorporated by reference to Annex B to the Definitive Proxy Statement on Schedule 14A filed with the SEC on September 16, 2025)
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BGSF, INC. | |||||||||||
| Date: | /s/ Keith Schroeder | ||||||||||
| Name: | Keith Schroeder | ||||||||||
| Title: | Interim Co-Chief Executive Officer, Chief Financial Officer and Secretary | ||||||||||
| (Principal Executive Officer and Principal Financial Officer) | |||||||||||