Dynatronics Corp. Files DEF 14A for 2024
Ticker: DYNTQ · Form: DEF 14A · Filed: Oct 25, 2024 · CIK: 720875
| Field | Detail |
|---|---|
| Company | Dynatronics Corp (DYNTQ) |
| Form Type | DEF 14A |
| Filed Date | Oct 25, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $2.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, executive-compensation, corporate-governance
Related Tickers: DYNT
TL;DR
DYNT DEF 14A filed. Exec comp & governance details out.
AI Summary
Dynatronics Corp. filed a DEF 14A on October 25, 2024, for the fiscal year ending December 5, 2024. The filing details executive compensation and corporate governance matters for the company, which is in the Surgical & Medical Instruments & Apparatus industry. The company's principal executive offices are located at 7030 Park Centre Drive, Salt Lake City, UT.
Why It Matters
This filing provides crucial information for shareholders regarding executive compensation, director nominations, and other corporate governance issues, impacting investor confidence and company strategy.
Risk Assessment
Risk Level: low — This is a routine filing (DEF 14A) providing information on executive compensation and corporate governance, not indicating immediate financial distress or significant operational changes.
Key Numbers
- 20241205 — Conformed Period of Report (Indicates the period the filing pertains to.)
- 20241025 — Filed as of Date (The date the filing was officially submitted to the SEC.)
Key Players & Entities
- DYNATRONICS CORP (company) — Filer
- 0000720875 (company) — Central Index Key
- 3841 (company) — Standard Industrial Classification
- UT (company) — State of Incorporation
- 8015687000 (company) — Business Phone
- SALT LAKE CITY (company) — Business Address City
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is used to solicit proxies from shareholders for an upcoming annual or special meeting of shareholders. It provides detailed information about matters to be voted on, including executive compensation, director elections, and other corporate governance issues.
What industry does Dynatronics Corp. operate in?
Dynatronics Corp. operates in the Surgical & Medical Instruments & Apparatus industry, with a Standard Industrial Classification code of 3841.
When is Dynatronics Corp.'s fiscal year end?
Dynatronics Corp.'s fiscal year ends on June 30th.
Where are Dynatronics Corp.'s principal executive offices located?
Dynatronics Corp.'s principal executive offices are located at 7030 Park Centre Drive, Building D, Salt Lake City, UT 84121.
What is the filing date of this DEF 14A?
This DEF 14A filing was made on October 25, 2024.
Filing Stats: 4,869 words · 19 min read · ~16 pages · Grade level 14 · Accepted 2024-10-25 12:00:44
Key Financial Figures
- $2.50 — tock, divided by (y) the greater of (i) $2.50 and (ii) the market price of the common
Filing Documents
- formdef14a.htm (DEF 14A) — 481KB
- formdef14axz001.jpg (GRAPHIC) — 4KB
- formdef14axz002.jpg (GRAPHIC) — 33KB
- formdef14axz003.jpg (GRAPHIC) — 31KB
- 0001062993-24-017939.txt ( ) — 1261KB
- dynt-20240630.xsd (EX-101.SCH) — 7KB
- dynt-20240630_def.xml (EX-101.DEF) — 3KB
- dynt-20240630_lab.xml (EX-101.LAB) — 21KB
- dynt-20240630_pre.xml (EX-101.PRE) — 3KB
- formdef14a_htm.xml (XML) — 143KB
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 17 Executive Officers 17 Our Compensation Objectives 17 Summary Compensation Table 18 Outstanding Equity Awards at June 30, 2024 19 Employment Agreements 19 Payments upon Termination 20 Retirement Benefits 20 Pay Versus Performance 21
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDERS MATTERS
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDERS MATTERS 24
Security Ownership of Certain Beneficial Owners and Management
Security Ownership of Certain Beneficial Owners and Management 24 Beneficial Ownership Table 25 Securities Authorized for Issuance Under Equity Compensation Plans 27 Certain Relationships and Related Transactions 28 SHAREHOLDER PROPOSALS FOR 2025 ANNUAL MEETING OF SHAREHOLDERS 28 HOUSEHOLDING OF PROXY MATERIALS 29 OTHER MATTERS 29 DYNATRONICS CORPORATION 1200 Trapp Road Eagan, Minnesota 55121 Telephone (801) 568-7000 PROXY STATEMENT FOR THE 2024 ANNUAL MEETING OF SHAREHOLDERS December 5, 2024 The enclosed proxy is solicited on behalf of the Board of Directors (the " Board ") of Dynatronics Corporation, a Utah corporation (sometimes referred to as the " Company ," " we ," " us ," or " our "), for use at our 2024 Annual Meeting of Shareholders (the " Annual Meeting " or the " Meeting ") at 8:00 a.m. Central Time on December 5, 2024. The Annual Meeting will be held at our corporate headquarters, located at 1200 Trapp Road, Eagan, Minnesota 55121. IMPORTANT NOTICE REGARDING AVAILABILITY OF PROXY MATERIALS We have elected to provide access to the proxy materials for the Annual Meeting primarily over the Internet in accordance with the U.S. Securities and Exchange Commission's (" SEC ") "Notice and Access" rules. On or about October 25 , 2024, we will begin mailing a one-page Notice of Internet Availability of Proxy Materials (the " Notice ") to each of our shareholders entitled to notice of and to vote at the Annual Meeting. The Notice contains instructions for accessing this Proxy Statement, our Annual Report on Form 10-K for our fiscal year ended June 30, 2024 (" Annual Report ") and Annual Meeting voting instructions. The Notice also includes instructions on how you can receive a paper copy of your proxy materials by postal mail. This Proxy Statement and the Annual Report are available on the Internet at: www.proxyvote.com. References in this Proxy Statement to fiscal years refer to our fiscal year ended June 30 of the referenc