Frequency Electronics Files Annual Proxy Statement

TL;DR

FREQ proxy statement filed. Annual meeting details & governance info out.

AI Summary

Frequency Electronics, Inc. filed a definitive proxy statement (DEF 14A) on August 28, 2024, for its fiscal year ending April 30, 2024. The filing pertains to the company's annual meeting and related corporate governance matters. The company is headquartered at 55 Charles Lindbergh Blvd, Mitchel Field, NY 11553.

Why It Matters

This filing provides shareholders with crucial information regarding the company's governance, executive compensation, and voting matters, enabling informed participation in the annual meeting.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) and does not contain new material events or financial disclosures that would inherently increase risk.

Key Numbers

• 20240828 — Filing Date (Date the DEF 14A was filed with the SEC.)
• 20241008 — Report Date (The period the proxy statement is reporting on.)

Key Players & Entities

• FREQUENCY ELECTRONICS, INC. (company) — Registrant
• 55 Charles Lindbergh Blvd, Mitchel Field, NY 11553 (location) — Company Address

FAQ

Key Financial Figures

• $10,000 — ies, which it estimates will not exceed $10,000. Each proxy duly executed and returned
• $1.00 — f the Company's common stock, par value $1.00 per share ("Common Stock"), may revoke
• $120,000 — amount involved exceeded the lesser of $120,000 or 1% of the average of the Company's t
• $25,000 — mpany receive annual directors' fees of $25,000 per year. Effective September 2023, the
• $50,000 — the annual director's fee increased to $50,000 per year. In addition, the chairman of
• $8,000 — eceives an additional annual stipend of $8,000 and the chairman of the Compensation Co
• $4,000 — eceives an additional annual stipend of $4,000. If applicable, Company officers do not

Filing Documents

• freqelec20240827_def14a.htm (DEF 14A) — 656KB
• 0001185185-24-000856.txt ( ) — 657KB

: Gender Identity

Part I: Gender Identity Directors 0 4 0 0

: Demographic Background

Part II: Demographic Background African American or Black 0 0 0 0 Alaskan Native or Native American 0 0 0 0 Asian 0 0 0 0 Hispanic or Latinx 0 0 0 0 Native Hawaiian or Pacific Islander 0 0 0 0 White 0 4 0 0 Two or More Races or Ethnicities 0 0 0 0 LGBTQ+ 0 0 0 0 Did Not Disclose Demographic Background 0 0 0 0 To see our Board Diversity Matrix as of July 31, 2023, please see the Company's proxy statement filed with the SEC on August 28, 2023. Nominees for Election as Directors JONATHAN BROLIN, age 51, has served as a director of the Company since November 2017, and as Lead Independent Director from 2018 until 2020. Mr. Brolin is the Founder and Managing Partner of Edenbrook Capital, LLC, which he founded in 2011. Edenbrook takes a private equity approach to public markets, principally through concentrated, long-term investments in small and mid-cap companies. Mr. Brolin has over 25 years of experience in public and private equity investing and investment banking. In addition, Mr. Brolin serves as a fellow of the Gabelli Center for Global Security Analysis at Fordham University, where he taught Advanced Topics in Value Investing as an Adjunct Professor of Finance at Fordham's Gabelli School of Business for seven years. He earned his MBA from Columbia Business School, where he was a member of the Beta Gamma Sigma Honor Society. Mr. Brolin earned his BA from the University of Pennsylvania, where he was a Benjamin Franklin Scholar and General Honors Student. Mr. Brolin's extensive business and investment experience and his demonstrated leadership capacities allow him to bring valuable insight and knowledge to the Board. 3 LANCE W. LORD, age 78, has served as a director of the Company since September 2016 and as Chairman since May of 2022. General Lord is the Founder and Chairman of L2 Aerospace since 2010, an innovative company formed to shape and influence the business competition in the dynamic and emerging commercia

View Full Filing

View this DEF 14A filing on SEC EDGAR