InvenTrust Properties Corp. Reports 2024 Annual Meeting Results
Ticker: IVT · Form: 8-K · Filed: May 10, 2024 · CIK: 1307748
| Field | Detail |
|---|---|
| Company | Inventrust Properties Corp. (IVT) |
| Form Type | 8-K |
| Filed Date | May 10, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, annual-meeting, directors, executive-compensation
Related Tickers: IVT
TL;DR
IVT shareholders voted on directors & exec pay at the May 7th meeting.
AI Summary
On May 7, 2024, InvenTrust Properties Corp. reported the results of its annual meeting of stockholders. Key proposals included the election of directors, ratification of the appointment of their independent registered public accounting firm, and advisory votes on executive compensation. The company also disclosed information regarding the departure and election of certain officers and directors, as well as compensatory arrangements.
Why It Matters
This filing provides shareholders with the official outcomes of voting on critical corporate governance matters, including director elections and executive compensation, impacting the company's leadership and financial policies.
Risk Assessment
Risk Level: low — This is a routine 8-K filing reporting on annual meeting results and director/officer changes, which typically carries low immediate risk.
Key Players & Entities
- InvenTrust Properties Corp. (company) — Registrant
- May 7, 2024 (date) — Date of earliest event reported
FAQ
What were the main items voted on at the InvenTrust Properties Corp. annual meeting?
The main items voted on included the election of directors, ratification of the appointment of the independent registered public accounting firm, and advisory votes on executive compensation.
When was the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported was May 7, 2024.
What is the company's principal executive office address?
The company's principal executive offices are located at 3025 Highland Parkway, Downers Grove, Illinois 60515.
What is the Standard Industrial Classification for InvenTrust Properties Corp.?
The Standard Industrial Classification for InvenTrust Properties Corp. is REAL ESTATE INVESTMENT TRUSTS [6798].
What other information was disclosed regarding officers and directors?
The filing also disclosed information regarding the departure and election of certain officers and directors, as well as compensatory arrangements for certain officers.
Filing Stats: 1,057 words · 4 min read · ~4 pages · Grade level 11.2 · Accepted 2024-05-10 16:54:32
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value IVT New York Stock Exchange
Filing Documents
- ivtp-20240507.htm (8-K) — 53KB
- a2015incentiveawardplanf.htm (EX-10.1) — 105KB
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- 0001307748-24-000065.txt ( ) — 10056KB
- ivtp-20240507.xsd (EX-101.SCH) — 2KB
- ivtp-20240507_lab.xml (EX-101.LAB) — 19KB
- ivtp-20240507_pre.xml (EX-101.PRE) — 11KB
- ivtp-20240507_htm.xml (XML) — 2KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. On May 7, 2024, the Company held its 2024 Annual Meeting of Stockholders at which stockholders voted on Proposals 1, 2, 3 and 4 as described in the Company's definitive proxy statement. The stockholders voted on Proposal 1, electing the nine nominees named below to serve as directors until the next annual meeting of stockholders and until their successors are duly elected and quality. The final results of the election of directors were as follows: Nominee For Withhold Broker Non-Votes Stuart W. Aitken 37,835,600 401,016 8,603,728 Amanda E. Black 37,827,474 409,142 8,603,728 Daniel J. Busch 37,848,132 388,484 8,603,728 Thomas F. Glavin 36,884,119 1,352,497 8,603,728 Scott A. Nelson 37,690,838 545,778 8,603,728 Paula J. Saban 36,976,361 1,260,255 8,603,728 Smita N. Shah 37,777,897 458,719 8,603,728 Michael A. Stein 37,822,303 414,313 8,603,728 Julian E. Whitehurst 37,822,956 413,660 8,603,728 Next, the stockholders voted on and approved Proposal 2, ratifying the selection of KPMG LLP to serve as the Company's independent registered public accounting firm for the year ending December 31, 2024. The final results for the approval of Proposal 2 were as follows: For Against Abstain Broker Non-Votes 45,697,052 998,768 144,524 0 Additionally, the stockholders voted on and approved Proposal 3, approving, on an advisory non-binding basis, a resolution approving the compensation of our named executive officers (say-on-pay). The final results for the approval of Proposal 3 were as follows: For Against Abstain Broker Non-Votes 36,363,657 1,515,529 357,430 8,603,728 Finally, the stockholders voted on and approved Proposal 4, approving the Amended 2015 Plan. The final results for the approval of Proposal 4 were as follows: For Against Abstain Broker Non-Votes 35,828,267 2,073,870 334,479 8,603,728
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d): The following exhibits are being filed herewith: Exhibit No. Description 10.1 The Amended 2015 Plan 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE 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 . INVENTRUST PROPERTIES CORP. Date: May 10, 2024 By: /s/ Christy L. David Name: Christy L. David Title: Executive Vice President, Chief Operating Officer, General Counsel & Secretary