Fortune Brands Innovations Holds Annual Stockholder Meeting
Ticker: FBIN · Form: 8-K · Filed: May 10, 2024 · CIK: 1519751
| Field | Detail |
|---|---|
| Company | Fortune Brands Innovations, Inc. (FBIN) |
| Form Type | 8-K |
| Filed Date | May 10, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: annual-meeting, shareholder-vote, governance
Related Tickers: FBIN
TL;DR
FBIN shareholders voted on directors, auditor, and executive pay at the May 7th annual meeting.
AI Summary
On May 7, 2024, Fortune Brands Innovations, Inc. held its Annual Meeting of Stockholders where they voted on several proposals. The company announced the election of its Class II directors, the ratification of the appointment of its independent registered public accounting firm, and advisory approval of executive compensation. The results of these votes will be detailed in the company's definitive proxy statement.
Why It Matters
This filing details the outcomes of key shareholder votes, providing insight into investor confidence and the company's governance structure.
Risk Assessment
Risk Level: low — The filing reports on routine annual meeting votes and does not indicate any significant new risks.
Key Players & Entities
- Fortune Brands Innovations, Inc. (company) — Registrant
- May 07, 2024 (date) — Date of earliest event reported
- Class II directors (other) — Elected at the meeting
- independent registered public accounting firm (other) — Ratified at the meeting
- executive compensation (other) — Advisory approval sought
FAQ
What was the date of Fortune Brands Innovations, Inc.'s Annual Meeting of Stockholders?
The earliest event reported in the filing occurred on May 7, 2024, which was the date of the Annual Meeting of Stockholders.
What were the main proposals voted on at the meeting?
The main proposals included the election of Class II directors, the ratification of the appointment of the independent registered public accounting firm, and an advisory vote on executive compensation.
Who are the Class II directors elected at the meeting?
The filing states that Class II directors were elected, but their specific names are not listed in this 8-K filing; they will be detailed in the definitive proxy statement.
Was the appointment of the independent registered public accounting firm ratified?
Yes, the appointment of the independent registered public accounting firm was submitted for ratification by the stockholders.
Where can detailed results of the shareholder votes be found?
The detailed results of the shareholder votes will be disclosed in the company's definitive proxy statement.
Filing Stats: 735 words · 3 min read · ~2 pages · Grade level 15.2 · Accepted 2024-05-10 16:17:05
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share FBIN New York Stock Excha
Filing Documents
- fbin-20240507.htm (8-K) — 55KB
- 0000950170-24-057851.txt ( ) — 164KB
- fbin-20240507.xsd (EX-101.SCH) — 23KB
- fbin-20240507_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. Fortune Brands Innovations, Inc., (the "Company") held its Annual Meeting of Stockholders on May 7, 2024. At the Annual Meeting, stockholders voted on the following matters: (i) election of three director nominees to serve as Class I directors for a term of three years expiring at the 2027 Annual Meeting of Stockholders and until their successors are duly elected and qualified; (ii) ratification of the appointment of PricewaterhouseCoopers LLP to serve as the Company's independent registered public accounting firm for 2024; (iii) approval, on an advisory basis, of the compensation paid to the Company's named executive officers; and (iv) approval, on an advisory basis, of the frequency with which the Company will hold an advisory vote on the compensation paid to the Company's named executive officers. Set forth below are the voting results for each of these proposals: Proposal 1: The election of three Class I director nominees for a three-year term expiring at the 2027 Annual Meeting of Stockholders Director Nominee Name For Against Abstain Broker Non-Votes Amee Chande 105,351,997 209,944 157,321 7,943,396 Ann F. Hackett 93,757,502 11,806,385 155,375 7,943,396 Jeffery S. Perry 102,143,229 3,419,013 157,020 7,943,396 Proposal 2: The ratification of the appointment by the Company's Audit Committee of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2024 For Against Abstain 111,764,322 1,771,564 126,772 Proposal 3: An advisory vote to approve compensation paid to the Company's named executive officers For Against Abstain Broker Non-Votes 71,423,431 29,074,837 5,220,994 7,943,396 Proposal 4: An advisory vote on the frequency of holding an advisory vote on the compensation paid to the Company's named executive officers One Year Two Years Three Years Abstain 102,788,310 127,202
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. FORTUNE BRANDS INNOVATIONS, INC. Date: May 10, 2024 By: /s/ Hiranda S. Donoghue Hiranda S. Donoghue Executive Vice President, Chief Legal Officer and Corporate Secretary