Friedman Industries Files 8-K on Security Holder Vote

Ticker: FRD · Form: 8-K · Filed: Sep 20, 2024 · CIK: 39092

Sentiment: neutral

Topics: corporate-governance, shareholder-vote

Related Tickers: FRD

TL;DR

Friedman Industries had a shareholder vote on Sept 18th, details TBD.

AI Summary

Friedman Industries, Inc. filed an 8-K on September 20, 2024, reporting on a matter submitted to a vote of security holders on September 18, 2024. The filing does not detail the specific vote outcome or the subject matter of the vote.

Why It Matters

This filing indicates a significant corporate action or decision was put to a vote by Friedman Industries' shareholders, which could impact the company's future direction.

Risk Assessment

Risk Level: low — The filing is procedural and does not contain information that inherently increases risk, but the lack of detail on the vote's subject is a minor concern.

Key Players & Entities

FAQ

What was the specific matter submitted to a vote of Friedman Industries' security holders on September 18, 2024?

The filing does not specify the subject matter of the vote.

What was the outcome of the vote by Friedman Industries' security holders on September 18, 2024?

The filing does not disclose the results or outcome of the vote.

When did Friedman Industries file this 8-K report?

Friedman Industries filed this 8-K report on September 20, 2024.

What is the trading symbol for Friedman Industries' Common Stock?

The trading symbol for Friedman Industries' Common Stock is FRD.

On which exchange is Friedman Industries' Common Stock registered?

Friedman Industries' Common Stock is registered on NYSE America.

Filing Stats: 758 words · 3 min read · ~3 pages · Grade level 14.5 · Accepted 2024-09-20 11:02:17

Key Financial Figures

Filing Documents

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. On September 18, 2024, Friedman Industries, Incorporated (the "Company") held its Annual Meeting of Shareholders. At the meeting, the shareholders voted on the election of seven directors of the Company to hold office until the next Annual Meeting of Shareholders or until their respective successors are duly elected and qualified. The seven nominees of the Board of Directors of the Company were elected at the meeting. The number of shares voted for and withheld with respect to each of the nominees were as follows: Nominee Shares Voted For Shares Withheld Michael J. Taylor 4,010,397 146,098 Durga D. Agrawal 3,951,525 204,970 Max Reichenthal 3,850,226 306,269 Sandy Scott 3,862,322 294,173 Tim Stevenson 3,887,955 268,540 Sharon Taylor 3,909,097 247,398 Joe L. Williams 3,778,837 377,658 The shareholders also voted on the following non-binding, advisory resolution regarding the compensation of the Company's executive officers: "Resolved, that the shareholders approve the compensation of the Company's Named Executive Officers as disclosed in the Company's 2024 proxy statement pursuant to the disclosure rules of the U.S. Securities and Exchange Commission (which disclosure includes the Summary Compensation Table and related discussion)." The number of the shares that were voted for, voted against or abstained from voting on the approval of the non-binding, advisory resolution regarding the compensation of the Company's executive officers are as follows: Shares For 3,932,832 Against 200,780 Abstain 22,883 The shareholders also voted to ratify the selection of Moss Adams LLP as the Company's independent registered public accounting firm for the fiscal year ending March 31, 2025. The number of the shares that were voted for, voted against or abstained from voting on the ratification of the selection of Moss Adams LLP as the Company's independent registered public accounting f

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. September 20, 2024 FRIEDMAN INDUSTRIES, INCORPORATED By: /s/ Alex LaRue Alex LaRue Chief Financial Officer - Secretary and Treasurer

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