John Bean Technologies Corp. Seeks Shareholder Vote
Ticker: JBTM · Form: 8-K · Filed: May 14, 2024 · CIK: 1433660
| Field | Detail |
|---|---|
| Company | John Bean Technologies Corp (JBTM) |
| Form Type | 8-K |
| Filed Date | May 14, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, shareholder-vote
Related Tickers: JBT
TL;DR
JBT is asking shareholders to vote on important company matters.
AI Summary
On May 10, 2024, John Bean Technologies Corporation (JBT) filed an 8-K report detailing a submission of matters to a vote of security holders. The filing indicates that the company is seeking shareholder approval for certain corporate actions, though the specific details of these matters are not elaborated upon in the provided text.
Why It Matters
This filing signals that John Bean Technologies Corporation is engaging its shareholders in key corporate decisions, which could impact the company's future direction and shareholder rights.
Risk Assessment
Risk Level: low — The filing is procedural and does not disclose any immediate financial risks or significant operational changes.
Key Players & Entities
- John Bean Technologies Corporation (company) — Registrant
- May 10, 2024 (date) — Date of earliest event reported
- 70 West Madison Street, Suite 4400 Chicago, IL 60602 (address) — Principal executive offices
FAQ
What specific matters are being submitted for a vote of security holders?
The provided text of the 8-K filing does not specify the exact matters being submitted for a vote of security holders.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on May 10, 2024.
What is the principal executive office address for John Bean Technologies Corporation?
The principal executive office address for John Bean Technologies Corporation is 70 West Madison Street, Suite 4400, Chicago, IL 60602.
Under which section of the Securities Exchange Act of 1934 is this Current Report filed?
This Current Report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is the state of incorporation for John Bean Technologies Corporation?
John Bean Technologies Corporation is incorporated in Delaware.
Filing Stats: 569 words · 2 min read · ~2 pages · Grade level 13.9 · Accepted 2024-05-14 16:14:39
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share JBT New York Stock Exchange
Filing Documents
- jbt-20240510.htm (8-K) — 40KB
- 0001433660-24-000022.txt ( ) — 165KB
- jbt-20240510.xsd (EX-101.SCH) — 2KB
- jbt-20240510_lab.xml (EX-101.LAB) — 22KB
- jbt-20240510_pre.xml (EX-101.PRE) — 13KB
- jbt-20240510_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. On May 10, 2024, the Company held its Annual Meeting. At the Annual Meeting, the Company's stockholders voted on three proposals and cast their votes as described below. The proposals are described in detail in the Company's definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission (the "SEC") on March 28, 2024, and the Supplement on Schedule 14A filed with the SEC on March 28, 2024. Proposal 1 The Company's stockholders re-elected two individuals to the Board of Directors for a term of two years each or until their successors are duly qualified and elected as set forth below: Name Votes For Against Abstentions Broker Non-Votes C. Maury Devine 28,511,448 1,267,154 3,504 — Charles L. Harrington 29,531,718 246,639 3,749 — Proposal 2 The Company's stockholders approved, on an advisory basis, the Company's named executive officer compensation as set forth below: Votes For Votes Against Abstentions Broker Non-Votes 29,133,642 635,045 13,419 — Proposal 3 The Company's stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the 2024 fiscal year as set forth below: Votes For Votes Against Abstentions Broker Non-Votes 30,501,693 32,169 46,294 — 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. John Bean Technologies Corporation Date: May 14, 2024 By: /s/ Matthew J. Meister Name Matthew J. Meister Title Executive Vice President and Chief Financial Officer (Principal Financial Officer)