Kennametal Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Other Events, Financial Statements and Exhibits
$KMT
Industrial Machinery/Components
Industrials
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): October 29, 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: (412 ) 248-8000
(Former name, former address and former fiscal year, if changed since last report)
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):
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). 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. ☐
Securities registered pursuant to Section 12(b) of the Act:
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Item 5.07 Submission of Matters to a Vote of Security Holders.
At the Annual Meeting of Shareowners of Kennametal Inc. (the "Company") on October 29, 2024, the Company's Shareowners voted on the election of nine directors with terms to expire in 2025, the ratification of the selection of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2025, an advisory vote on executive compensation and the approval of the Kennametal Inc. 2024 Stock and Incentive Plan. The 74,277,729 shares present in person or represented by proxy at the meeting were voted as described below.
I. The nine directors listed below were elected to serve as directors until the next annual meeting of Shareowners in 2025 and until their successors are duly elected and qualified by the following vote:
| For | Withheld | Broker Non-Votes | |||||||||
| Joseph Alvarado | 66,043,534 | 5,747,904 | 2,486,291 | ||||||||
| Sanjay Chowbey | 71,272,588 | 518,850 | 2,486,291 | ||||||||
| Cindy L. Davis | 70,205,423 | 1,586,015 | 2,486,291 | ||||||||
| William J. Harvey | 69,619,020 | 2,172,418 | 2,486,291 | ||||||||
| William M. Lambert | 71,371,074 | 420,364 | 2,486,291 | ||||||||
| Lorraine M. Martin | 71,642,395 | 149,043 | 2,486,291 | ||||||||
| Sagar A. Patel | 69,698,145 | 2,093,293 | 2,486,291 | ||||||||
| Paul Sternlieb | 71,151,927 | 639,511 | 2,486,291 | ||||||||
| Steven H. Wunning | 70,010,254 | 1,781,184 | 2,486,291 | ||||||||
II. The ratification of the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2025 was approved by the following vote:
| For | Against | Abstained | |||||||||
| PricewaterhouseCoopers LLP | 73,364,598 | 810,650 | 102,481 | ||||||||
III. The advisory vote on executive compensation paid to the Company's named executive officers, as disclosed in the Company's proxy statement, was approved on an advisory basis by the following vote:
| For | Against | Abstained | Broker Non-Votes | |||||||||||
| Executive compensation | 71,040,175 | 637,318 | 113,945 | 2,486,291 | ||||||||||
IV. The Kennametal Inc. 2024 Stock and Incentive Plan was approved by the following vote:
| For | Against | Abstained | Broker Non-Votes | |||||||||||
| Kennametal Inc. 2024 Stock and Incentive Plan | 67,815,131 | 3,838,138 | 138,169 | 2,486,291 | ||||||||||
Item 8.01 Other Events.
On October 29, 2024, the Company’s Board of Directors declared a quarterly cash dividend of $.20 per share. The dividend is payable on November 26, 2024 to shareholders of record as of the close of business on November 12, 2024.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| KENNAMETAL INC. | |||||||||||||||||||||||||||||
| Date: | November 1, 2024 | By: | /s/ Michelle R. Keating | ||||||||||||||||||||||||||
| Michelle R. Keating | |||||||||||||||||||||||||||||
| Vice President, Secretary and General Counsel | |||||||||||||||||||||||||||||
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