Data I/O Corp Files 8-K on Shareholder Matters
Ticker: DAIO · Form: 8-K · Filed: May 16, 2024 · CIK: 351998
| Field | Detail |
|---|---|
| Company | Data I/O Corp (DAIO) |
| Form Type | 8-K |
| Filed Date | May 16, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: annual-meeting, shareholder-vote
TL;DR
DATA I/O CORP HELD ANNUAL SHAREHOLDER MEETING MAY 16TH - VOTES CAST ON CORPORATE MATTERS.
AI Summary
Data I/O Corporation filed an 8-K on May 16, 2024, to report on matters submitted to a vote of its security holders. The filing indicates the company held its annual meeting on this date, where shareholders would have voted on various corporate matters.
Why It Matters
This filing informs investors about the formal proceedings and votes that took place at Data I/O Corporation's annual shareholder meeting.
Risk Assessment
Risk Level: low — This is a routine filing for an annual shareholder meeting and does not indicate any unusual financial or operational events.
Key Players & Entities
- Data I/O Corporation (company) — Registrant
- May 16, 2024 (date) — Date of Report
FAQ
What specific matters were submitted to a vote of security holders at the meeting on May 16, 2024?
The filing states that it is a 'Submission of Matters to a Vote of Security Holders' but does not detail the specific proposals voted upon in the provided text.
Where is Data I/O Corporation's principal executive office located?
Data I/O Corporation's principal executive offices are located at 6645 185th Ave. N.E., Suite 100, Redmond, WA 98052.
What is the IRS Employer Identification Number for Data I/O Corporation?
The IRS Employer Identification Number for Data I/O Corporation is 91-0864123.
Under which section of the Securities Exchange Act of 1934 is this Current Report filed?
This Current Report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is the SIC code for Data I/O Corporation?
The Standard Industrial Classification (SIC) code for Data I/O Corporation is 3825, which corresponds to Instruments for Meas & Testing of Electricity & Elec Signals.
Filing Stats: 743 words · 3 min read · ~2 pages · Grade level 10.8 · Accepted 2024-05-16 13:25:05
Filing Documents
- f8k_annualmtg051624.htm (8-K) — 57KB
- 0000351998-24-000016.txt ( ) — 58KB
07: Submission of Matters to a Vote of Security Holders
Item 5.07: Submission of Matters to a Vote of Security Holders
07
Item 5.07: Submission of Matters to a Vote of Security Holders Annual Meeting of Shareholders Voting Results. FIRST: The Annual Meeting of Shareholders of Data I/O Corporation was convened at 10:00 a.m. Pacific, on May 16, 2024, at the Company's headquarters, 6645 185 th Ave NE, Suite 100, Redmond, Washington. SECOND: There were issued and outstanding on March 18, 2024, the record date, 9,023,200 shares of Common Stock. THIRD: There were present at said meeting in person or by proxy, shareholders of the Corporation who were the holders of 7,194,399 (79.73%) shares of Common Stock entitled to vote, thereby constituting a quorum. FOURTH: The following nominees for election as Directors, to hold office for a term as defined in the proxy statement and until their successors are duly elected and qualified, received the number of votes set opposite their respective name: Nominee For Withheld Broker Non-votes Anthony Ambrose 4,241,579 601,241 2,351,579 Douglas W. Brown 3,384,428 1,458,392 2,351,579 Sally A. Washlow 4,145,120 697,700 2,351,579 Edward J. Smith 4,136,708 706,112 2,351,579 William Wentworth 4,044,893 706,112 2,351,579 The aforesaid nominees have been elected as Directors. FIFTH: The proposal to ratify the continued appointment of Grant Thornton LLP as the Company's independent auditors, received the following votes: Percentage of For & Votes Against on this Proposal For 6,540,908 90.91 Against 93,379 1.30 Abstain 560,112 7.79 The foregoing proposal has been approved. SIXTH: The advisory vote (Say on Pay) approving the compensation of the Company's named executive officers, received the following votes: Percentage of For & Votes Against on this Proposal For 4,141,201 85.51 Against 692,598 14.30 Abstain 9,021 0.19 Broker non-votes: 2,351,579 The foregoing proposal has been approved. SEVENTH: The advisory vote (Say on Frequency) on the frequency of the advisory votes appr