Dynex Capital Reports on Security Holder Vote

TL;DR

Dynex Capital held a security holder vote on 5/17, filing details are out.

AI Summary

Dynex Capital, Inc. filed an 8-K on May 20, 2024, reporting on a matter submitted to a vote of its security holders on May 17, 2024. The filing details the company's corporate structure and historical name changes, including its prior names Resource Mortgage Capital Inc./VA, Resource Mortgage Investment Corp, and RAC Mortgage Investment Corp /VA/. Dynex Capital, Inc. is incorporated in Virginia and operates as a Real Estate Investment Trust.

Why It Matters

This filing indicates a formal process where Dynex Capital, Inc. sought approval from its security holders, suggesting potential corporate actions or governance changes that could impact investors.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of a security holder vote and historical company information, not indicating any immediate financial distress or significant operational changes.

Key Players & Entities

• DYNEX CAPITAL, INC. (company) — Registrant
• May 17, 2024 (date) — Date of earliest event reported
• May 20, 2024 (date) — Date of Report
• Virginia (location) — State of incorporation
• Resource Mortgage Capital Inc./VA (company) — Former company name
• Resource Mortgage Investment Corp (company) — Former company name
• RAC Mortgage Investment Corp /VA/ (company) — Former company name

FAQ

Key Financial Figures

• $0.01 — ch registered Common Stock, par value $0.01 per share DX New York Stock Exchange

Filing Documents

• dx-20240517.htm (8-K) — 41KB
• 0000826675-24-000060.txt ( ) — 210KB
• dx-20240517.xsd (EX-101.SCH) — 2KB
• dx-20240517_def.xml (EX-101.DEF) — 17KB
• dx-20240517_lab.xml (EX-101.LAB) — 29KB
• dx-20240517_pre.xml (EX-101.PRE) — 17KB
• dx-20240517_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. Dynex Capital, Inc. (the "Company") held its annual meeting of shareholders on May 17, 2024 (the "2024 Annual Meeting"), at which three proposals were submitted to the Company's shareholders. The proposals are described in detail in the Company's definitive proxy statement for the 2024 Annual Meeting filed with the Securities and Exchange Commission on March 28, 2024 (the "2024 Proxy Statement"). A quorum of the Company's common shares was present for the 2024 Annual Meeting, and the final results for the votes regarding the proposals are set forth below. Proposal 1 - Shareholders elected six directors of the Company to hold office until the next annual meeting and until their successors have been elected and duly qualified. The name of each director elected and the votes cast for such individuals are set forth below: Name For Against Abstentions Broker Non-Votes Byron L. Boston 25,263,483 1,063,949 334,417 16,936,153 Julia L. Coronado, Ph.D. 25,479,524 855,012 327,313 16,936,153 Alexander I. Crawford 25,703,610 616,394 341,845 16,936,153 Andrew I. Gray 25,695,015 630,087 336,747 16,936,153 Joy D. Palmer 25,604,995 797,573 259,281 16,936,153 Smriti L. Popenoe 25,402,173 975,767 283,910 16,936,153 Proposal 2 - Shareholders approved, in an advisory and non-binding vote, the compensation of the Company's named executive officers as disclosed in the 2024 Proxy Statement. The votes regarding Proposal 2 were as follows: For Against Abstentions Broker Non-Votes 20,610,819 5,475,460 575,571 16,936,153 Proposal 3 - Shareholders approved a proposal to ratify the Company's selection of BDO USA, PC, independent certified public accountants, as auditors for the Company for the 2024 fiscal year. The votes regarding Proposal 3 were as follows: For Against Abstentions Broker Non-Votes 42,126,423 903,559 568,020 — SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 19

View Full Filing

View this 8-K filing on SEC EDGAR