Oshkosh Corporation (Holding Company) filed SEC Form 8-K: Leadership Update, Submission of Matters to a Vote of Security Holders
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
At the 2024 Annual Meeting of Shareholders (the “Annual Meeting”) of Oshkosh Corporation (the “Company”) held on May 7, 2024, the Company’s shareholders approved the Oshkosh Corporation 2024 Incentive Stock and Awards Plan (the “Plan”), which had previously been approved by the Company’s Board of Directors, subject to shareholder approval. Additional information regarding the results of the Annual Meeting is set forth below under Item 5.07 of this Current Report on Form 8-K.
The Plan provides that up to a total of 2,600,000 shares of the Company’s common stock may be issued thereunder. The Plan authorizes the grant to the Company’s officers, directors, eligible employees and consultants of stock options, stock appreciation rights, performance shares, performance units, shares of common stock, restricted stock, restricted stock units and annual or long-term incentive awards.
The Company cannot currently determine the benefits, if any, to be paid under the Plan in the future to the officers of the Company, including the Company’s chief executive officer, chief financial officer and named executive officers.
The Plan is described in detail in the Company’s proxy statement filed with the Securities and Exchange Commission on March 28, 2024, and the full text of the Plan appears as Exhibit A to the definitive proxy statement. The description of the Plan set forth above does not purport to be complete and is qualified in its entirety by reference to such materials.
| Item 5.07. | Submission of Matters to a Vote of Security Holders. |
As noted above, the Company held its Annual Meeting on May 7, 2024. On May 7, 2024, the independent inspector of elections for the Annual Meeting delivered its final tabulation of voting results for each of the matters submitted to a vote at the Annual Meeting, certifying the voting results set forth below.
The Company’s shareholders elected the following directors for terms expiring at the Company’s 2025 Annual Meeting of Shareholders by the votes indicated:
| Nominee | Shares Voted For | Shares Withheld | Broker Non-Votes | |||||||||
| Keith J. Allman | 55,009,945 | 527,119 | 4,596,053 | |||||||||
| Annette K. Clayton | 55,015,100 | 521,964 | 4,596,053 | |||||||||
| Douglas L. Davis | 55,128,889 | 408,175 | 4,596,053 | |||||||||
| Tyrone M. Jordan | 53,004,601 | 2,532,463 | 4,596,053 | |||||||||
| Kimberley Metcalf-Kupres | 54,583,575 | 953,489 | 4,596,053 | |||||||||
| Stephen D. Newlin | 54,040,638 | 1,496,426 | 4,596,053 | |||||||||
| Duncan J. Palmer | 54,276,085 | 1,260,979 | 4,596,053 | |||||||||
| David G. Perkins | 54,688,865 | 848,199 | 4,596,053 | |||||||||
| John C. Pfeifer | 55,148,826 | 388,238 | 4,596,053 | |||||||||
| Sandra E. Rowland | 55,132,550 | 404,514 | 4,596,053 | |||||||||
The Company’s shareholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent auditor for the fiscal year ending December 31, 2024 by the votes indicated:
| Shares Voted For | Shares Voted Against | Abstentions | ||||||||
| 58,807,423 | 1,175,498 | 150,196 | ||||||||
The Company’s shareholders approved a resolution approving, on a nonbinding, advisory basis, the compensation of the Company’s named executive officers as disclosed in the Compensation Discussion and Analysis section and compensation tables contained in the Company’s proxy statement for the Annual Meeting by the votes indicated:
| Shares Voted For | Shares Voted Against | Abstentions | Broker Non-Votes | |||||||||||
| 52,840,394 | 2,461,912 | 234,758 | 4,596,053 | |||||||||||
The Company’s shareholders voted to approve the Plan by the votes indicated:
| Shares Voted For | Shares Voted Against | Abstentions | Broker Non-Votes | |||||||||||
| 52,192,599 | 3,271,611 | 72,854 | 4,596,053 | |||||||||||
The Company's definitive proxy statement for the Annual Meeting also included a shareholder proposal (Proposal 5) on the subject of majority voting for directors. This proposal, however, was not acted upon at the Annual Meeting because neither the proponent nor a qualified representative of the proponent presented the proposal at the Annual Meeting. Although this proposal was not acted upon at the Annual Meeting, proxies that shareholders submitted prior to the meeting included instructions to vote more shares against the proposal than for the proposal.
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.
| OSHKOSH CORPORATION | ||
| Date: May 10, 2024 | By: | /s/ Ignacio A. Cortina |
| Ignacio A. Cortina | ||
| Executive Vice President, Chief Legal Officer and Secretary | ||