Franklin Covey Files 8-K on Officer Changes and Voting Matters
Ticker: FC · Form: 8-K · Filed: Jan 24, 2025 · CIK: 886206
Sentiment: neutral
Topics: corporate-governance, officer-changes, board-of-directors
TL;DR
FC leadership shuffle & voting updates filed 1/24.
AI Summary
Franklin Covey Co. filed an 8-K on January 24, 2025, reporting on the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements. The filing also covers the submission of matters to a vote of security holders and includes financial statements and exhibits.
Why It Matters
This filing provides updates on the company's leadership and governance, which can impact strategic direction and investor confidence.
Risk Assessment
Risk Level: low — The filing is routine and reports on standard corporate governance events without indicating significant financial distress or operational changes.
Key Players & Entities
- FRANKLIN COVEY CO (company) — Registrant
- 0000886206-25-000006 (filing_id) — Accession Number
- January 24, 2025 (date) — Report Date
- 87-0401551 (tax_id) — IRS Employer Identification Number
- 2200 West Parkway Boulevard (address) — Principal executive offices
- Salt Lake City, Utah 84119-2099 (address) — Principal executive offices
- 801-817-1776 (phone) — Registrant's telephone number
FAQ
What specific officer positions were affected by the changes reported in this 8-K?
The filing indicates changes related to 'Departure of Directors or Certain Officers' and 'Appointment of Certain Officers', but the specific positions are not detailed in the provided text.
Were there any significant compensatory arrangements for officers detailed in this filing?
The filing mentions 'Compensatory Arrangements of Certain Officers' as an item reported, but the specifics of these arrangements are not included in the provided text.
What matters were submitted to a vote of security holders?
The filing states 'Submission of Matters to a Vote of Security Holders' as an item, but the nature of these matters is not specified in the provided text.
What financial statements or exhibits are included with this 8-K filing?
The filing lists 'Financial Statements and Exhibits' as an item, but the specific content of these is not detailed in the provided text.
When was Franklin Covey Co. incorporated, and in which jurisdiction?
Franklin Covey Co. was incorporated in Utah, as indicated by the 'State of incorporation' field.
Filing Stats: 1,016 words · 4 min read · ~3 pages · Grade level 9.8 · Accepted 2025-01-24 15:19:53
Filing Documents
- fc-20250124x8k.htm (8-K) — 124KB
- fc-20250124xex10_2.htm (EX-10.2) — 14KB
- fc-20250124x8kg001.jpg (GRAPHIC) — 16KB
- 0000886206-25-000006.txt ( ) — 301KB
- fc-20250124.xsd (EX-101.SCH) — 2KB
- fc-20250124_lab.xml (EX-101.LAB) — 13KB
- fc-20250124_pre.xml (EX-101.PRE) — 10KB
- fc-20250124x8k_htm.xml (XML) — 5KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. The Company held its Annual Meeting of Shareholders on Friday, January 24, 2025. For more information on the following proposals, refer to the Company's Proxy Statement filed with the Securities and Exchange Commission on December 20, 2024, the relevant portions of which are incorporated herein by reference. The matters voted on and the results of the votes are as follows: 1. The following nominees for Director were elected. Each person elected will serve until the next annual meeting of shareholders or until such person's successor is elected and qualified. Nominee Number of Votes Cast For Number of Votes Withheld Broker Non-Votes Anne H. Chow 8,470,986 1,164,047 1,671,059 Craig Cuffie 9,449,913 185,120 1,671,059 Donald J. McNamara 9,382,793 252,240 1,671,059 Joel C. Peterson 9,415,412 219,621 1,671,059 Nancy Phillips 8,949,289 685,744 1,671,059 Efrain Rivera 9,439,418 195,615 1,671,059 Derek C.M. van Bever 8,853,212 781,821 1,671,059 Paul S. Walker 9,444,477 190,556 1,671,059 Robert A. Whitman 8,977,404 657,629 1,671,059 2. The advisory vote for the approval of executive compensation as described and presented in the Compensation Discussion and Analysis of the Company's Proxy Statement was approved with 9,093,586 votes in favor; 511,411 votes against; and 30,036 abstentions. The number of broker non-votes was 1,671,059. 3. The ratification of the appointment of Deloitte & Touche, LLP as the Company's Independent Registered Public Accounting Firm for the fiscal year ending August 31, 2025 was approved with 11,188,529 votes cast in favor; 95,220 votes against; and 22,343 abstentions. There were no broker non-votes for this proposal. 4. Amendment No. 1 to the Franklin Covey Co. 2022 Omnibus Incentive Plan was approved with 9,255,222 votes cast in favor; 350,571 votes against; and 29,240 abstentions. The number of
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits 10.1 Franklin Covey Co. 2022 Omnibus Incentive Plan (filed as Exhibit 10.1 to Form 8-K filed with the Securities and Exchange Commission on January 14, 2022 and incorporated by reference herein) . 10.2 Amendment No. 1 to the Franklin Covey Co. 2022 Omnibus Incentive Plan. 104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the inline XBRL document.
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. FRANKLIN COVEY CO. Date: January 24, 2025 By: /s/ Stephen D. Young Stephen D. Young Chief Financial Officer