ARK RESTAURANTS CORP Files 2025 Proxy Statement

TL;DR

ARK proxy filed for March 11 meeting. Shareholders vote soon.

AI Summary

ARK RESTAURANTS CORP filed a Definitive Proxy Statement (DEF 14A) on February 3, 2025, for its annual meeting scheduled for March 11, 2025. The filing concerns the solicitation of proxies from shareholders regarding matters to be voted on at the meeting. The company is registered under SIC code 5812 for Retail-Eating Places and is incorporated in New York.

Why It Matters

This filing provides shareholders with crucial information about the upcoming annual meeting, including proposals to be voted on and details about director nominees, enabling informed participation in corporate governance.

Risk Assessment

Risk Level: low — This is a routine proxy filing for an annual shareholder meeting, not indicating any unusual financial distress or significant operational changes.

Key Players & Entities

• ARK RESTAURANTS CORP (company) — Registrant
• 0000779544-25-000004 (filing_id) — Accession Number
• 20250203 (date) — Filing Date
• 20250311 (date) — Meeting Date
• 5812 (sic_code) — Retail-Eating Places
• NY (state) — State of Incorporation

FAQ

Filing Documents

• proxy-march112025.htm (DEF 14A) — 400KB
• a2019proxyimage1a.jpg (GRAPHIC) — 6KB
• picture1v2a.jpg (GRAPHIC) — 228KB
• picture2v2a.jpg (GRAPHIC) — 204KB
• proxy1a.jpg (GRAPHIC) — 404KB
• proxy2a.jpg (GRAPHIC) — 231KB
• 0000779544-25-000004.txt ( ) — 1800KB

Gender Identity

Part I Gender Identity Directors 2 5 — —

Demographic Background

Part II Demographic Background African American or Black — — — — Alaskan Native or Native American — — — — Asian — — — — Hispanic or Latinx — — — — Native Hawaiian or Pacific Islander — — — — White 2 4 — — Two or more Races or Ethnicities — — — — LGBTQ+ 1 Did not disclose demographic background 1 5 Board Leadership Structure Our Board does not have a policy as to whether the roles of Chairman of the Board and Chief Executive Officer should be separate or combined. Currently, the office of Chairman of the Board and Chief Executive Officer are held by Michael Weinstein. The Company does not have a lead independent director. Our Board has determined that its current structure, with combined Chairman and CEO roles, is in the best interests of the Company and its shareholders at this time. A number of factors support the leadership structure chosen by the Board, including, among others Mr. Weinstein has extensive knowledge of all aspects of the Company and its business and risks, its industry and its customers Mr. Weinstein is intimately involved in the day-to-day operations of the Company and is best positioned to elevate the most critical business issues for consideration by the Board of Directors The Board believes having Mr. Weinstein serve in both capacities allows him to more effectively execute the Company's strategic initiatives and business plans and confront its challenges A combined Chairman and CEO structure provides the Company with decisive and effective leadership with clearer accountability to our shareholders and customers and In our view, splitting the roles would potentially make our management and governance processes less effective through undesirable duplication of work and possibly lead to a blurring of clear lines of accountability and responsibility. Board's Role in Risk Oversight Our Board believes that open communication between management and the Board is essential for effective risk management and oversight. The Board

View Full Filing

View this DEF 14A filing on SEC EDGAR