CSG Systems International Reports Director/Officer Changes & More
Ticker: CSGS · Form: 8-K · Filed: May 16, 2024 · CIK: 1005757
| Field | Detail |
|---|---|
| Company | Csg Systems International INC (CSGS) |
| Form Type | 8-K |
| Filed Date | May 16, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $75,000, $7,500, $200,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-changes, director-changes, filing-update
Related Tickers: CSGS
TL;DR
CSG Systems International filed an 8-K detailing director/officer changes and other corporate actions.
AI Summary
CSG Systems International, Inc. filed an 8-K on May 16, 2024, reporting events as of May 13, 2024. The filing covers the departure and election of directors, appointment of officers, compensatory arrangements, and submission of matters to a vote of security holders. It also includes financial statements and exhibits.
Why It Matters
This filing indicates significant corporate governance changes and potential shifts in executive compensation or strategic direction for CSG Systems International.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate events and does not immediately suggest significant financial or operational risks.
Key Players & Entities
- CSG SYSTEMS INTERNATIONAL, INC. (company) — Registrant
- Delaware (jurisdiction) — State of Incorporation
- May 13, 2024 (date) — Date of earliest event reported
- May 16, 2024 (date) — Date of Report
FAQ
What specific director or officer changes are detailed in this 8-K filing?
The filing indicates the departure of directors or certain officers and the election of directors, as well as the appointment of certain officers.
What other significant corporate actions are reported in this filing?
The filing also reports on compensatory arrangements of certain officers and the submission of matters to a vote of security holders.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on May 13, 2024.
What is the primary business of CSG Systems International, Inc. according to the filing?
The filing lists the Standard Industrial Classification as SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374].
What type of SEC filing is this and what is its purpose?
This is a Form 8-K, a Current Report filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, used to announce major corporate events.
Filing Stats: 907 words · 4 min read · ~3 pages · Grade level 9.7 · Accepted 2024-05-16 08:35:05
Key Financial Figures
- $0.01 — ch registered Common Stock, Par Value $0.01 Per Share CSGS The Nasdaq Stock Mar
- $75,000 — (on an annual basis), a director fee of $75,000, a committee fee of $7,500, and a $200,
- $7,500 — ctor fee of $75,000, a committee fee of $7,500, and a $200,000 restricted stock award
- $200,000 — 5,000, a committee fee of $7,500, and a $200,000 restricted stock award which shall vest
Filing Documents
- csgs-20240513.htm (8-K) — 68KB
- csgs-ex99_1.htm (EX-99.1) — 14KB
- img210581129_0.jpg (GRAPHIC) — 56KB
- 0000950170-24-060810.txt ( ) — 271KB
- csgs-20240513.xsd (EX-101.SCH) — 24KB
- csgs-20240513_htm.xml (XML) — 5KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. On May 15, 2024, CSG held its Annual Meeting of Stockholders. The proposals voted upon at the meeting, which are more fully described in CSG's proxy statement dated April 1, 2024 (the "2024 Proxy"), and the results of the vote (with the percentage of total votes cast in parentheses) were as follows: Proposal 1: Election of Directors. The table below shows the results of the stockholders' vote for the election of the Class III Directors, with terms expiring in 2027: Name of Director For Against Abstain Non-Votes Brian Shepherd 24,567,881 (98.6%) 338,897 (1.4%) 37,141 1,878,802 Silvio Tavares 24,365,057 (97.8%) 553,502 (2.2%) 25,360 1,878,802 Tse Li "Lily" Yang 24,553,890 (98.5%) 367,107 (1.5%) 22,922 1,878,802 Proposal 2: Advisory Vote to Approve the Compensation of CSG's Named Executive Officers ("NEOs"). The table below shows the results of the stockholders' non-binding advisory vote on the compensation of CSG's NEOs: For Against Abstain Non-Votes 24,262,670 (97.5%) 628,392 (2.5%) 52,857 1,878,802 Proposal 3: Ratification of the Appointment of KPMG LLP as the Independent Registered Public Accounting Firm for Fiscal 2024. The table below shows the results of the stockholders' vote for the ratification of the appointment of KPMG LLP as CSG's independent registered public accounting firm for fiscal 2024: For Against Abstain 26,347,966 (98.3%) 452,808 (1.7%) 21,947
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits 99.1 Press release of CSG Systems International, Inc. dated May 16, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES 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. CSG SYSTEMS INTERNATIONAL, INC. Date: May 16, 2024 By: /s/ Lori J. Szwanek Lori J. Szwanek Chief Accounting Officer