Sypris Solutions Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders

false 0000864240 0000864240 2025-05-21 2025-05-21

 

 

 

 

 

 

 

 

 

 

Registrant’s telephone number, including area code: (502) 329-2000

 

 

 

 

 

 

 

 

 

 

 

Item 5.07.  Submission of Matters to a Vote of Security Holders.

 

The regular Annual Meeting of Stockholders of Sypris Solutions, Inc. (the “Company”) was held in Louisville, Kentucky on May 21, 2025, for the purpose of voting on the proposals described below. Proxies for the meeting were solicited pursuant to Section 14(a) of the Securities Exchange Act of 1934 and there was no solicitation in opposition to management’s nominees for directors. The total number of shares of common stock outstanding as of April 3, 2025, the record date of the Annual Meeting of Stockholders, was 22,983,313.

 

Matters submitted to stockholders at the meeting and the voting results thereof were as follows:

 

Election of Directors. The stockholders of the Company elected each of the Class II director nominees proposed by the Company’s Board of Directors to serve until the 2028 Annual Meeting of Stockholders and until their successors are duly elected and qualified. The following is a breakdown of the voting results:

 

 

Approval of the 2025 Sypris Omnibus Plan. The stockholders of the Company approved the 2025 Sypris Omnibus Plan. The following is a breakdown of the voting results:

 

 

Advisory Vote on Named Executive Officer Compensation. The stockholders of the Company approved an advisory resolution approving the compensation of the Company’s named executive officers as disclosed in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 21, 2025 (the “Proxy Statement”). The following is a breakdown of the voting results:

 

 

Advisory Vote on the Frequency of Votes on Named Executive Officer Compensation. The Company’s stockholders held an advisory vote regarding the frequency of future advisory votes on executive compensation and voted to conduct such future advisory votes every year. The following is a breakdown of the voting results:

 

 

In light of these results, and consistent with the recommendation of the Company’s Board of Directors to stockholders in the Proxy Statement, the Company’s policy will be to hold an advisory vote on executive compensation every year until the next required vote by stockholders on the frequency of future advisory votes on named executive officer compensation.

 

 

 

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.