Park Aerospace Corp. Files Definitive Proxy Statement

TL;DR

Park Aerospace Corp. proxy filing out for shareholder vote on directors & auditors.

AI Summary

Park Aerospace Corp. filed its definitive proxy statement on June 20, 2024, for its annual meeting of shareholders. The filing outlines the proposals to be voted on, including the election of directors and the ratification of the appointment of its independent registered public accounting firm. The company is seeking shareholder approval for these routine corporate governance matters.

Why It Matters

This filing is crucial for shareholders as it details the agenda for the annual meeting, allowing them to make informed decisions on company leadership and financial oversight.

Risk Assessment

Risk Level: low — This is a routine proxy filing for annual shareholder meeting matters and does not contain significant new financial or strategic information that would typically indicate high risk.

Key Players & Entities

• Park Aerospace Corp. (company) — Registrant
• June 20, 2024 (date) — Filing Date
• 20240718 (date) — Conformed Period of Report

FAQ

Filing Documents

• ea0207973-01.htm (DEF 14A) — 1349KB
• tparkaerospace_logo.jpg (GRAPHIC) — 61KB
• tproxy_001.jpg (GRAPHIC) — 1027KB
• tproxy_002.jpg (GRAPHIC) — 1059KB
• 0001174947-24-000854.txt ( ) — 7136KB
• pke-20240617.xsd (EX-101.SCH) — 12KB
• pke-20240617_def.xml (EX-101.DEF) — 6KB
• pke-20240617_lab.xml (EX-101.LAB) — 37KB
• pke-20240617_pre.xml (EX-101.PRE) — 7KB
• ea0207973-01_htm.xml (XML) — 296KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ________________ SCHEDULE 14A ________________ Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a -6 (e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material under 240.14a -12 Park Aerospace Corp. (Name of Registrant as Specified In Its Charter) _________________________________________________________________ (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): No fee required Fee paid previously with preliminary materials Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a -6 (i)(1) and 0 -11 Table of Contents June 20, 2024 Dear Shareholder, The Annual Meeting of Shareholders of Park Aerospace Corp. will be held on Thursday, July 18, 2024 at 11:00 A.M., E.D.T. As in recent past years, the Meeting will be held virtually as more fully described in the accompanying Notice. This year, in addition to the customary election of directors, advisory approval of executive officers' compensation and ratification of the appointment of the Company's independent registered public accounting firm, we are asking you to approve an amendment to the Company's 2018 Stock Option Plan to increase the number of shares of Common Stock of the Company authorized for issuance under the Plan. These proposals are more fully described in the accompanying Notice and Proxy Statement. Sincerely, Brian E. Shore Chairman and Chief Executive Officer Table of Contents PARK AEROSPACE CORP. 1400 Old Country Road Westbury, New York 11590 Notice of Annual Meeting of Shareholders July 18, 2024 The Annual Meeting of Shareholders of PARK AEROSPACE CORP. (the "Company") will be held on Thursday, July 18, 2024 at 11:00 A.M., E.D.T. We will conduct this year's Annual Meeting of Shareholders completely virtually via live webcast. You will be able to attend and participate in the Annual Meeting online, vote your shares electronically and submit your questions prior to and during the meeting by visiting meetnow.global/MRG5WVK at the meeting date and time described in the accompanying Proxy Statement. The Annual Meeting is being held, for the following purposes: 1. To elect the eight directors named in the accompanying Proxy Statement to serve until the next annual meeting of shareholders and until their successors are elected and qualified, subject to earlier resignation, retirement or other termination of service; 2. To approve, on an advisory (non -binding ) basis, the compensation of the Company's named executive officers; 3. To approve an amendment to the Company's 2018 Stock Option Plan to increase the aggregate number of shares of Common Stock of the Company authorized for issuance under such Plan by 750,000 shares; 4. To ratify the appointment of CohnReznick LLP as the Company's independent registered public accounting firm for the fiscal year ending March 2, 2025; and 5. To transact such other business as may properly come before the meeting. Only holders of record of Common Stock at the close of business on June 3, 2024 will be entitled to notice of, and to attend and vote at, the meeting or any adjournment or postponement thereof. If you are a registered shareholder ( i.e. , you hold your shares through our transfer agent, Computershare), you do not need to register to attend the Annual Meeting virtually on the Internet. Please visit meetnow.global/MRG5WVK , login with your 15 -digit control number (found on your proxy card or in an email you previously received from Computershare). If you hold your shares through an intermediary, such as a bank or broker, you must register in advance to attend the Annual Meeting virtually on the Internet. To register to attend the Annual Meeting online by webcast you must obtain a legal proxy from your bank, broker or other nominee and then register in advance by submitting the legal proxy, along with your name and email address to Computershare. Requests for registration must be labeled as "Legal Proxy" and be received no later than 5:00 p.m., E.D.T., on July 13, 2024. Requests for registration should be directed to us at the following: By email: Forward the email from your broker, or attach an image of your legal proxy, to legalproxy@computershare.com. By mail: Computershare PARK AEROSPACE CORP. Legal Proxy P.O. Box 43001 Providence, RI 02940 -3001 You will receive a confirmation of your registration with a control number by email from Computershare. At the time of the Annual Meeting, registered beneficial shareholders can visit meetnow.global/MRG5WVK and enter the control number. By Order of the Boa

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View this DEF 14A filing on SEC EDGAR