Rayonier Advanced Materials Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
$RYAM
Paper
Basic Materials
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)
COMMISSION FILE NUMBER 001-36285
Incorporated in the State of Delaware
I.R.S. Employer Identification Number 46-4559529
(Principal Executive Office)
Telephone Number: (904 ) 357-4600
Check the appropriate box below if the form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol | Name of Exchange on which Registered | ||||||||||||
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).
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 ☐
Item 5.07 Submission of Matters to a Vote of Security Holders
The 2025 Annual Meeting of Stockholders of Rayonier Advanced Materials Inc. (the “Company”) was held on May 14, 2025 (the “Annual Meeting”). At the Annual Meeting, stockholders of the Company (1) elected all three of the director nominees to terms expiring in 2028, (2) did not approve an amendment to the Company’s Amended and Restated Certificate of Incorporation to declassify the board of directors, (3) did not approve an amendment to the Company’s Amended and Restated Certificate of Incorporation to eliminate the supermajority voting provisions, (4) approved, on an advisory basis, the compensation of the Company’s named executive officers, (5) approved the Rayonier Advanced Materials Inc. 2023 Incentive Stock Plan, as amended and restated, and (6) ratified the selection of Grant Thornton LLP as the Company’s independent registered public accounting firm for 2025.
The final voting results were as follows:
| Votes For | Votes Against | Abstain | Broker Non-Votes | |||||||||||||||||||||||
| Election of Directors, Terms Expire in 2028 | ||||||||||||||||||||||||||
| Lisa M. Palumbo | 39,636,853 | 4,965,058 | 50,686 | 10,924,043 | ||||||||||||||||||||||
| Ivona Smith | 39,436,587 | 5,162,948 | 53,062 | 10,924,043 | ||||||||||||||||||||||
| Bryan D. Yokley | 44,411,989 | 189,416 | 51,192 | 10,924,043 | ||||||||||||||||||||||
| Vote on an Amendment to the Company’s Amended and Restated Certificate of Incorporation to Declassify the Board of Directors | 44,347,568 | 274,927 | 30,102 | 10,924,043 | ||||||||||||||||||||||
| Vote on an Amendment to the Company’s Amended and Restated Certificate of Incorporation to Eliminate the Supermajority Voting Provisions | 44,163,083 | 462,741 | 26,773 | 10,924,043 | ||||||||||||||||||||||
| Advisory Vote on the Compensation of our Named Executive Officers | 43,763,003 | 838,681 | 50,913 | 10,924,043 | ||||||||||||||||||||||
| Vote on the Rayonier Advanced Materials Inc. 2023 Incentive Stock Plan, as Amended and Restated | 40,641,326 | 3,937,750 | 73,521 | 10,924,043 | ||||||||||||||||||||||
| Ratification of Auditor | 55,026,432 | 474,954 | 75,254 | — | ||||||||||||||||||||||
1
Signature
Pursuant to the requirements of the Securities Exchange Act of l934, the registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.
| Rayonier Advanced Materials Inc. | |||||
| By: | /s/ Richard Colby Slaughter | ||||
| Richard Colby Slaughter | |||||
| Senior Vice President, General Counsel and Corporate Secretary | |||||
May 16, 2025
2