Balchem Corp Stockholders Vote on Key Matters at Annual Meeting
Ticker: BCPC · Form: 8-K · Filed: Jun 24, 2024 · CIK: 9326
| Field | Detail |
|---|---|
| Company | Balchem CORP (BCPC) |
| Form Type | 8-K |
| Filed Date | Jun 24, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: shareholder-meeting, corporate-governance
Related Tickers: BCPC
TL;DR
BCPC shareholders re-elected the board and approved executive pay; no surprises.
AI Summary
On June 20, 2024, Balchem Corporation (BCPC) filed an 8-K report to announce the results of its 2024 Annual Meeting of Stockholders. The company reported that its stockholders voted to elect all nominated directors, ratify the appointment of its independent registered public accounting firm, and approve, on an advisory basis, the compensation of its named executive officers.
Why It Matters
The outcome of the annual meeting confirms shareholder confidence in the current board and executive compensation, providing stability for the company's ongoing operations and strategic direction.
Risk Assessment
Risk Level: low — This filing is a routine procedural report on the results of a shareholder meeting and does not introduce new financial or operational risks.
Key Players & Entities
- Balchem Corporation (company) — Registrant
- June 20, 2024 (date) — Date of earliest event reported
- 2024 Annual Meeting of Stockholders (event) — Subject of the filing
FAQ
What were the main proposals voted on at the Balchem Corporation's 2024 Annual Meeting of Stockholders?
The main proposals included the election of directors, ratification of the appointment of the independent registered public accounting firm, and an advisory vote to approve the compensation of named executive officers.
Who is Balchem Corporation's independent registered public accounting firm?
The filing does not explicitly name the accounting firm, but it states that the appointment of the independent registered public accounting firm was ratified by the stockholders.
When was the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is June 20, 2024.
What is Balchem Corporation's state of incorporation?
Balchem Corporation is incorporated in Maryland.
What is the principal executive office address for Balchem Corporation?
The address of the principal executive offices is 5 Paragon Drive, Montvale, NJ 07645.
Filing Stats: 503 words · 2 min read · ~2 pages · Grade level 14.9 · Accepted 2024-06-24 16:15:23
Filing Documents
- ef20031584_8k.htm (8-K) — 45KB
- 0001140361-24-031096.txt ( ) — 176KB
- bcpc-20240620.xsd (EX-101.SCH) — 4KB
- bcpc-20240620_lab.xml (EX-101.LAB) — 21KB
- bcpc-20240620_pre.xml (EX-101.PRE) — 16KB
- ef20031584_8k_htm.xml (XML) — 4KB
07 - Submission of Matters to a Vote of Security Holders
Item 5.07 - Submission of Matters to a Vote of Security Holders Balchem Corporation (the "Company") held its Annual Meeting of Shareholders on June 20, 2024. Set forth below is information regarding the results of the matters voted on by shareholders at the Annual Meeting: 1. The e lection of four Class 2 director nominees to the Board of Directors to serve until the Annual Meeting of Shareholders in 2027 or until their successors are duly elected and qualified : Director Nominee Votes For Votes Against Abstained Broker Non-Votes Daniel Knutson 27,420,722 534,637 11,582 1,555,476 Joyce Lee 23,968,891 3,987,153 10,897 1,555,476 Olivier Rigaud 24,601,193 3,350,287 15,461 1,555,476 Monica Vicente 27,844,683 111,268 10,990 1,555,476 2. The ratification of the appointment of RSM US LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024: Votes For Votes Against Abstained 28,981,040 536,045 5,332 3. Advisory approval of the compensation of the Company's named executive officers: Votes For Votes Against Abstained Broker Non-Votes 27,117,930 813,592 35,419 1,555,476 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 hereunto duly authorized. BALCHEM CORPORATION By:/s/ Hatsuki Miyata Hatsuki Miyata, General Counsel and Secretary Dated: June 24, 2024