Franklin Street Properties Corp. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
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Item 5.07 Submission of Matters to a Vote of Security Holders.
Franklin Street Properties Corp., a Maryland corporation (the “Company”), held its 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”) on May 15, 2025. The 2025 Annual Meeting was called for the following purposes: (1) to elect six directors, each to serve for a one-year term expiring at the 2026 Annual Meeting of Stockholders and until his or her respective successor is duly elected and qualified, (2) to ratify the Audit Committee’s appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, and (3) to approve, by non-binding vote, the Company’s executive compensation.
(1) The following table sets forth the names of the directors elected at the 2025 Annual Meeting for a new one-year term expiring at the 2026 Annual Meeting of Stockholders and the final number of votes cast for or against each director and the number of broker non-votes.
| Name | For | Against | Broker Non-Votes | |||
| George J. Carter | 73,065,641 | 2,983,759 | 11,391,059 | |||
| Georgia Murray | 71,885,963 | 4,163,437 | 11,391,059 | |||
| John N. Burke | 71,557,387 | 4,492,013 | 11,391,059 | |||
| Dennis J. McGillicuddy | 71,760,424 | 4,288,976 | 11,391,059 | |||
| Bruce J. Schanzer | 73,775,661 | 2,273,739 | 11,391,059 | |||
| Milton P. Wilkins, Jr. | 72,977,423 | 3,071,977 | 11,391,059 |
(2) The proposal to ratify the Audit Committee’s appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025 was approved. The final number of votes cast for, against or abstaining from voting on that proposal are listed below.
| For | Against | Abstain | ||
| 82,123,873 | 5,174,384 | 142,202 |
(3) The proposal to approve, by non-binding vote, the Company’s executive compensation was approved. The final number of votes cast for, against or abstaining from voting on that proposal and broker non-votes are listed below.
| For | Against | Abstain | Broker Non-Votes | |||
| 66,808,398 | 9,160,834 | 80,168 | 11,391,059 |
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.
| FRANKLIN STREET PROPERTIES CORP. | ||
| By: | /s/ Scott H. Carter | |
| Scott H. Carter | ||
| Executive Vice President, General Counsel and Secretary | ||
Date: May 15, 2025