Portland General Electric Co filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
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Electric Utilities: Central
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
| FORM | |||||
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 18, 2025
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Registrant’s telephone number, including area code: (503 ) 464-8000
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:
Securities registered pursuant to Section 12(b) of the Act:
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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. [ ]
Item 5.07 Submission of Matters to a Vote of Security Holders.
Portland General Electric Company (the Company) held its 2025 virtual annual meeting of shareholders on April 18, 2025 in Portland, Oregon. The following proposals were voted on at the meeting by the Company’s shareholders:
1.The election of directors;
2.An advisory, non-binding vote to approve the compensation of the Company’s named executive officers; and
3.The ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2025.
There were 109,503,224 shares of common stock issued and outstanding as of February 18, 2025, the record date for the meeting, with 101,522,606 shares represented at the annual meeting.
Each of the director nominees listed below was elected and the voting results were as follows:
| Nominee | For | Against | Abstain | Broker Non-votes | ||||||||||||||||||||||
| Dawn Farrell | 96,116,256 | 250,140 | 93,966 | 5,062,244 | ||||||||||||||||||||||
| Marie Oh Huber | 95,922,471 | 449,390 | 88,501 | 5,062,244 | ||||||||||||||||||||||
Kathryn Jackson, PhD | 94,668,313 | 1,707,696 | 84,353 | 5,062,244 | ||||||||||||||||||||||
| Michael Lewis | 96,144,489 | 232,123 | 83,750 | 5,062,244 | ||||||||||||||||||||||
| Michael Millegan | 95,510,689 | 863,826 | 85,847 | 5,062,244 | ||||||||||||||||||||||
John O'Leary | 96,153,125 | 224,197 | 83,040 | 5,062,244 | ||||||||||||||||||||||
| Patricia Pineda | 96,069,902 | 299,722 | 90,738 | 5,062,244 | ||||||||||||||||||||||
| Maria Pope | 96,110,798 | 260,993 | 88,571 | 5,062,244 | ||||||||||||||||||||||
| James Torgerson | 96,133,947 | 241,986 | 84,429 | 5,062,244 | ||||||||||||||||||||||
Shareholders approved the compensation of the Company’s named executive officers. There were 94,306,974 votes cast for the proposal, 1,797,961 votes cast against the proposal, 355,427 abstentions, and 5,062,244 broker non-votes.
Shareholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2025. There were 97,720,087 votes cast for the proposal, 3,692,624 votes cast against the proposal, and 109,895 abstentions.
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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 thereunto duly authorized.
| PORTLAND GENERAL ELECTRIC COMPANY | ||||||||||||||
| (Registrant) | ||||||||||||||
| Date: | April 23, 2025 | By: | /s/ Joseph R. Trpik | |||||||||||
Joseph R. Trpik | ||||||||||||||
Senior Vice President, Finance and Chief Financial Officer | ||||||||||||||
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