DXP Enterprises Reports on Shareholder Votes

TL;DR

DXP Enterprises held a shareholder vote on June 14th, details to follow.

AI Summary

DXP Enterprises, Inc. filed an 8-K on June 18, 2024, reporting on matters submitted to a vote of security holders on June 14, 2024. The filing does not detail the specific matters voted upon but indicates a formal submission occurred.

Why It Matters

This filing confirms that DXP Enterprises held a vote of its security holders, which is a standard corporate governance procedure. The outcome of these votes can impact company direction and shareholder rights.

Risk Assessment

Risk Level: low — The filing is a routine corporate disclosure regarding a shareholder vote and does not contain information that would immediately impact the company's financial standing or operations.

Key Players & Entities

• DXP Enterprises, Inc. (company) — Registrant
• June 14, 2024 (date) — Date of earliest event reported
• June 18, 2024 (date) — Date of report
• Texas (location) — State of incorporation

FAQ

Key Financial Figures

• $0.01 — hich Registered Common Stock par value $0.01 DXPE NASDAQ Global Select Market Indi

Filing Documents

• dxpe-20240614.htm (8-K) — 42KB
• 0001020710-24-000060.txt ( ) — 163KB
• dxpe-20240614.xsd (EX-101.SCH) — 2KB
• dxpe-20240614_lab.xml (EX-101.LAB) — 21KB
• dxpe-20240614_pre.xml (EX-101.PRE) — 12KB
• dxpe-20240614_htm.xml (XML) — 3KB

07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS On June 14, 2024, DXP Enterprises, Inc. (the "Company") held its 2024 Annual Shareholders Meeting (the "Annual Meeting"). There were 16,240,692 shares of common stock entitled to be voted at the Annual Meeting, of which 14,205,975 or 87.5 percent, were voted in person or by proxy. Additionally, there were 16,122 shares of Series A and B preferred stock entitled to 1,612 votes at the Annual Meeting. The results for each item submitted for a vote of shareholders are as follows. The shareholders: (1) Voted to elect each of the six (6) nominees for director. (2) Approved, on an advisory basis, the compensation of the Company's named executive officers. (3) Approved ratification of PricewaterhouseCoopers, LLP as the Company's independent registered public accounting firm for fiscal 2024. The Company's inspector of election certified the following vote tabulations: PROPOSAL 1: ELECTION OF DIRECTORS Vote Results For % For Withheld Broker Non-Votes David R. Little Re-elected 12,939,281 98.3% 224,112 1,044,194 Kent Yee Re-elected 11,602,192 88.1% 1,561,201 1,044,194 Joseph R. Mannes Re-elected 12,819,683 97.4% 343,710 1,044,194 Timothy P. Halter Re-elected 10,645,861 80.9% 2,517,532 1,044,194 David Patton Re-elected 12,777,761 97.1% 385,632 1,044,194 Karen Hoffman Re-elected 10,414,020 79.1% 2,749,373 1,044,194 PROPOSAL 2: ADVISORY VOTE ON COMPENSATION OF NAMED EXECUTIVE OFFICERS With respect to the number of shares of Common Stock that were voted for, voted against, and were withheld from voting for proposal #2 to approve, as a non-binding advisory vote, executive compensation are set forth below: For 12,093,392 % For 91.9% Against 1,041,539 Abstain 28,462 Broker Non-Votes* 1,044,194 Vote Results Approved * Broker non-votes have no effect on this proposal. PROPOSAL 3: RATIFICATION OF APPOINTMENT OF INDEPENDENT AUDITOR With respect to the ratification of PricewaterhouseCoopers, LLP

View Full Filing

View this 8-K filing on SEC EDGAR