LSB Industries Reports on Shareholder Vote Matters
Ticker: LXU · Form: 8-K · Filed: May 30, 2024 · CIK: 60714
| Field | Detail |
|---|---|
| Company | Lsb Industries, Inc. (LXU) |
| Form Type | 8-K |
| Filed Date | May 30, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: shareholder-vote, corporate-governance
Related Tickers: LSB
TL;DR
LSB Industries held a shareholder vote on May 23rd, details filed today.
AI Summary
LSB Industries, Inc. filed an 8-K on May 30, 2024, reporting on matters submitted to a vote of security holders on May 23, 2024. The filing details the company's corporate structure and its principal executive offices located in Oklahoma City, Oklahoma.
Why It Matters
This filing informs investors about key decisions made during a shareholder vote, which can impact the company's governance and future direction.
Risk Assessment
Risk Level: low — This is a routine filing reporting on a shareholder vote, with no immediate financial or operational risks indicated.
Key Players & Entities
- LSB INDUSTRIES, INC. (company) — Registrant
- May 23, 2024 (date) — Date of earliest event reported
- May 30, 2024 (date) — Date of report
- Oklahoma City, Oklahoma (location) — Principal executive offices
FAQ
What specific matters were submitted to a vote of LSB Industries' security holders?
The filing states that the report concerns 'Submission of Matters to a Vote of Security Holders' but does not detail the specific proposals voted upon in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on May 23, 2024.
What is the principal executive office address for LSB Industries, Inc.?
The principal executive offices are located at 3503 NW 63rd Street, Suite 500, Oklahoma City, Oklahoma 73116.
What is the Commission File Number for LSB Industries, Inc.?
The Commission File Number for LSB Industries, Inc. is 1-7677.
What is the IRS Employer Identification Number for LSB Industries, Inc.?
The IRS Employer Identification Number for LSB Industries, Inc. is 73-1015226.
Filing Stats: 686 words · 3 min read · ~2 pages · Grade level 11.5 · Accepted 2024-05-29 17:59:53
Filing Documents
- lxu-20240523.htm (8-K) — 72KB
- 0000950170-24-066121.txt ( ) — 228KB
- lxu-20240523.xsd (EX-101.SCH) — 53KB
- lxu-20240523_htm.xml (XML) — 6KB
07
Item 5.07 Submission of Matters to a Vote of Security Holders. On May 23, 2024, LSB Industries, Inc. (the "Company") held its 2024 annual meeting of stockholders (the "2024 Annual Meeting"). At the 2024 Annual Meeting, the stockholders: (i) elected the three director nominees listed in the Company's proxy statement to serve on the Board of Directors for terms expiring in 2027; (ii) approved the Amended and Restated Section 382 Rights Agreement in order to extend the term of the Company's existing rights plan; (iii) ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for 2024; and (iv) approved, on a non-binding, advisory basis, a resolution approving the 2024 compensation of the Company's named executive officers, which is commonly referred to as a "say-on-pay" vote. The final voting results for each of these matters are set forth below. 1. Election of three nominees to the Company's Board of Directors whose terms will expire in 2027 Name For Against Abstain Barry H. Golsen 37,462,027 15,348,648 12,191 Kanna Kitamura 46,264,191 6,549,391 9,284 Richard W. Roedel 43,202,235 9,611,042 9,589 In addition, there were 8,279,652 broker non-votes with respect to each nominee. All director nominees were duly elected at the 2024 Annual Meeting. Each of the individuals named in the above table will serve as director until the Company's 2027 annual meeting of stockholders or until his/her successor is duly elected and qualified. 2. Approval of the Amended and Restated Section 382 Rights Agreement For Against Abstain Broker Non-Votes 45,386,957 7,372,419 63,490 8,279,652 3. Ratification of the appointment of Ernst & Young LLP as the independent registered public accounting firm for 2024 For Against Abstain 60,301,004 774,015 27,499 There were no broker non-votes on this matter. 4. Approval, on an advisory basis, of the compensation of the Company'
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: May 29, 2024 LSB INDUSTRIES, INC. By: /s/ Michael J. Foster Name: Michael J. Foster Title: Executive Vice President and General Counsel 3