Servotronics Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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| Item 5.07 | Submission of Matters to a Vote of Security Holders |
The 2024 Annual Meeting of the stockholders of the Company was held on May 10, 2024. Stockholders representing 2,188,381 shares, or 85.86% of the 2,548,673 common shares outstanding as of the April 5, 2024, record date were present in person or were represented at the meeting by proxy.
The following Directors were elected by the affirmative vote of a plurality of the votes cast. The results of the voting for each nominee were as follows.
| Name | For | Withhold Authority | Broker Non-Votes | |||||||||
| Brent D. Baird | 1,387,767 | 541,350 | 259,264 | |||||||||
| Edward C. Cosgrove | 1,223,215 | 705,902 | 259,264 | |||||||||
| William F. Farrell, Jr. | 1,248,094 | 681,023 | 259,264 | |||||||||
| Karen L. Howard | 1,229,111 | 700,006 | 259,264 | |||||||||
| Christopher M. Marks | 1,237,719 | 691,398 | 259,264 | |||||||||
| Evan H. Wax | 1,388,019 | 541,098 | 259,264 | |||||||||
The advisory approval of executive compensation for 2023 received the affirmative vote of a majority of the votes cast in a non-binding vote. The results of the voting for the advisory vote were as follows:
| For | Against | Abstentions | Broker Non-Votes | |||||||||||
| 1,227,644 | 694,722 | 6,751 | 259,264 | |||||||||||
The ratification of Freed Maxick CPAs, P.C. as the Company’s independent registered public accounting firm for the 2024 fiscal year received the affirmative vote of a majority of the votes cast and was passed. The results of the voting for this proposal were as follows:
| For | Against | Abstentions | ||||||||
| 1,705,073 | 45,985 | 437,323 | ||||||||
Signature(s)
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.
Date: May 15, 2024
| Servotronics, Inc. | ||
| By: | /s/ Robert Fraass | |
| Robert Fraass | ||
| Chief Financial Officer | ||