PGE Files 8-K on Security Holder Vote Matters
Ticker: POR · Form: 8-K · Filed: Apr 24, 2024 · CIK: 784977
| Field | Detail |
|---|---|
| Company | Portland General Electric Co /Or/ (POR) |
| Form Type | 8-K |
| Filed Date | Apr 24, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, shareholder-vote
Related Tickers: PGE
TL;DR
PGE is calling for a shareholder vote, details to follow.
AI Summary
On April 19, 2024, Portland General Electric Company filed an 8-K report to announce the submission of matters to a vote of its security holders. The filing does not disclose specific details about the matters to be voted on or any associated financial implications.
Why It Matters
This filing indicates that Portland General Electric is preparing for a shareholder vote, which could involve significant corporate decisions or changes.
Risk Assessment
Risk Level: low — The filing is procedural and does not contain information that immediately impacts the company's financial health or operations.
Key Players & Entities
- PORTLAND GENERAL ELECTRIC COMPANY (company) — Registrant
- Oregon (jurisdiction) — State of incorporation
- 93-0256820 (id) — IRS Employer Identification No.
- 121 SW Salmon Street, Portland, Oregon 97204 (address) — Principal executive offices
- 503-464-8000 (phone) — Registrant's telephone number
- April 19, 2024 (date) — Date of earliest event reported
FAQ
What specific matters will be submitted for a vote by Portland General Electric's security holders?
The filing does not specify the exact matters to be submitted for a vote; it only states that such matters are being submitted.
When is the date of the security holders' meeting or vote?
The filing does not provide the date of the meeting or vote, only the date of the earliest event reported, which is April 19, 2024.
Are there any financial implications or proposals associated with this vote?
The filing does not disclose any financial implications or specific proposals related to the vote.
Who is the primary contact for inquiries regarding this filing?
The filing provides the company's principal executive office address and telephone number, but does not name a specific contact person.
What is the significance of filing this 8-K on April 24, 2024, for an event on April 19, 2024?
The filing on April 24, 2024, is the official submission date to the SEC, reporting an event that occurred on or before April 19, 2024, as required by SEC regulations.
Filing Stats: 659 words · 3 min read · ~2 pages · Grade level 12.8 · Accepted 2024-04-24 16:37:35
Filing Documents
- por-20240419.htm (8-K) — 46KB
- 0000784977-24-000079.txt ( ) — 167KB
- por-20240419.xsd (EX-101.SCH) — 2KB
- por-20240419_lab.xml (EX-101.LAB) — 21KB
- por-20240419_pre.xml (EX-101.PRE) — 12KB
- por-20240419_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. Portland General Electric Company (the Company) held its 2024 virtual annual meeting of shareholders on April 19, 2024 in Portland, Oregon. The following proposals were voted on at the meeting by the Company's shareholders: 1. The election of directors; 2. An advisory, non-binding vote to approve the compensation of the Company's named executive officers; 3. The ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024; and 4. To approve the Amended and Restated Portland General Electric Company Employee Stock Purchase Plan. There were 101,221,118 shares of common stock issued and outstanding as of February 20, 2024, the record date for the meeting, with 95,568,063 shares represented at the annual meeting. Each of the director nominees listed below was elected and the voting results were as follows: Nominee For Against Abstain Broker Non-votes Dawn Farrell 90,632,138 364,755 82,620 4,488,550 Marie Oh Huber 90,487,421 504,939 87,153 4,488,550 Kathryn Jackson, PhD 90,254,278 743,815 81,420 4,488,550 Michael Lewis 90,744,732 248,689 86,092 4,488,550 Michael Millegan 90,151,972 839,945 87,596 4,488,550 John O'Leary 90,886,056 110,425 83,032 4,488,550 Patricia Pineda 90,727,993 266,151 85,369 4,488,550 Maria Pope 90,866,813 120,137 92,563 4,488,550 James Torgerson 89,953,872 1,040,521 85,120 4,488,550 Shareholders approved the compensation of the Company's named executive officers. There were 89,402,710 votes cast for the proposal, 1,200,430 votes cast against the proposal, 476,373 abstentions, and 4,488,550 broker non-votes. Shareholders ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024. There were 93,546,009 votes cast for the proposal, 1,934,264 votes cast against the proposal, and