EastGroup Properties Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
$EGP
Real Estate Investment Trusts
Real Estate
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): May 23, 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, including zip code)
(601 ) 354-3555
(Registrant’s telephone number, including area code)
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 (see General Instruction A.2. below):
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| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
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Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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Item 5.07 Submission of Matters to a Vote of Security Holders.
On May 23, 2024 , EastGroup Properties, Inc. (the “Company”) held its annual meeting of shareholders (the “Annual Meeting”). At the Annual Meeting, the Company’s shareholders (i) elected each of D. Pike Aloian, H. Eric Bolton, Jr., Donald F. Colleran, David M. Fields, Marshall A. Loeb, Mary E. McCormick and Katherine M. Sandstrom to the Board of Directors of the Company, (ii) ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024, and (iii) approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers.
Proposal 1: Election of Directors. The results of the voting for the seven director nominees were as follows:
Name | For | Against | Abstentions | Broker Non-Votes | ||||||||||
D. Pike Aloian | 39,615,856 | 2,018,291 | 29,629 | 3,296,327 | ||||||||||
H. Eric Bolton, Jr. | 40,990,720 | 643,829 | 29,227 | 3,296,327 | ||||||||||
Donald F. Colleran | 39,497,650 | 2,136,899 | 29,227 | 3,296,327 | ||||||||||
David M. Fields | 39,256,864 | 2,375,229 | 31,683 | 3,296,327 | ||||||||||
Marshall A. Loeb | 41,232,541 | 401,475 | 29,760 | 3,296,327 | ||||||||||
Mary E. McCormick | 38,185,727 | 3,445,096 | 32,953 | 3,296,327 | ||||||||||
Katherine M. Sandstrom | 36,075,566 | 5,554,373 | 33,837 | 3,296,327 | ||||||||||
Proposal 2: Ratification of Independent Registered Public Accounting Firm. The results of the voting for the ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024 were as follows:
For | Against | Abstentions | ||||||
| 43,456,194 | 1,471,639 | 32,270 | ||||||
Proposal 3: Non-Binding, Advisory Vote on Executive Compensation. The results of the non-binding advisory vote on the compensation of the Company’s named executive officers were as follows:
For | Against | Abstentions | Broker Non-Votes | ||||||||
| 40,492,630 | 1,123,031 | 48,115 | 3,296,327 | ||||||||
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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.
Date: May 28, 2024
| EASTGROUP PROPERTIES, INC. | |||||
| By: /s/ BRENT W. WOOD | |||||
| Brent W. Wood Executive Vice President, Chief Financial Officer and Treasurer | |||||
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