Dynatronics Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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CURRENT REPORT
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DYNT | OTCQB |
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ITEM 5.07 Submission of Matters to a Vote of Security Holders
(a) On December 11, 2025, Dynatronics Corporation (the "Company") held its 2025 Annual Meeting of Shareholders (the "Annual Meeting"). As of the record date of October 10, 2025, shares eligible to vote totaled 16,574,050, comprised of 16,001,331 shares of Common Stock, 1,992,000 shares of Series A Preferred Stock (325,627 shares "as-converted" voting power), and 1,359,000 shares of Series B Preferred Stock (247,092 shares "as-converted" voting power). A quorum of 12,855,152 shares (77.56%) of the eligible shares of Common Stock were present in person or represented by proxy at the meeting.
(b) The following is a brief description of each Proposal submitted to a vote at the Annual Meeting, as well as the final results for the votes cast with respect to each Proposal.
Proposal No. 1: Election of Directors
The shareholders elected each of R. Scott Ward, Andrew Hulett, and Brian D. Baker to serve until the 2026 Annual Meeting of Shareholders, and until their successors are duly elected and qualified or until their earlier death, resignation, retirement or removal, by the following vote:
| Votes For | Withheld | Broker Non-Votes | |
| R. Scott Ward | 11,564,039 | 292,109 | 999,004 |
| Andrew Hulett | 11,613,961 | 242,187 | 999,004 |
| Brian D. Baker | 11,511,122 | 345,026 | 999,004 |
Proposal No. 2: Ratification of the appointment of Tanner LLC as Independent Registered Public Accounting Firm for the Fiscal Year Ending June 30, 2026
The shareholders ratified the selection of Tanner LLC as the Company's independent registered public accounting firm for its fiscal year ending June 30, 2026 by the following vote:
| Votes For | Votes Against | Abstentions |
| 12,807,676 | 35,734 | 11,742 |
Proposal No. 3: Approval, on an advisory basis, of executive compensation.
The shareholders approved, on an advisory basis, the compensation of the Company's named executed officers by the following vote:
| Votes For | Votes Against | Abstentions | Broker Non-Votes |
| 11,537,491 | 316,595 | 2,062 | 999,004 |
Proposal No. 4: To vote, on an advisory basis, on the frequency of holding future advisory votes on executive compensation.
The shareholders approved, on an advisory basis, holding the advisory vote on the compensation of the Company's named executive officers every three years by the following vote:
| 1 Year | 2 Years | 3 Years | Abstentions | Broker Non-Votes |
| 345,579 | 853 | 11,476,248 | 33,468 | 999,004 |
No other items were presented for shareholder approval at the Annual Meeting.
In light of the results of the shareholder vote on the frequency of future advisory votes on the compensation of the Company's named executive officers, and consistent with the Company's recommendation, the Company's Board of Directors has determined that the Company will hold an advisory vote on executive compensation every three years until the next required vote on the frequency of future advisory votes on the compensation of the Company's named executive officers.
SIGNATURE
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.
| Date: December 17, 2025 | DYNATRONICS CORPORATION | |
| By: | /s/ Brian Baker | |
| Name: | Brian Baker | |
| Title: | President & Chief Executive Officer | |