P10, Inc. Announces Board Changes and Shareholder Votes
Ticker: RPC · Form: 8-K · Filed: Jun 17, 2024 · CIK: 1841968
| Field | Detail |
|---|---|
| Company | P10, Inc. (RPC) |
| Form Type | 8-K |
| Filed Date | Jun 17, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, board-changes, shareholder-vote
TL;DR
P10 Inc. board shakeup, new directors elected, shareholder votes pending.
AI Summary
P10, Inc. announced on June 14, 2024, the departure of director Robert L. Johnson and the election of new directors, including Robert L. Johnson, to its board. The company also reported on compensatory arrangements for its officers and submitted matters to a vote of security holders. The filing includes financial statements and exhibits.
Why It Matters
Changes in a company's board of directors can signal shifts in strategy or governance, while shareholder votes directly impact corporate decisions and shareholder rights.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance matters such as director changes and shareholder votes, with no immediate financial distress or significant operational shifts indicated.
Key Numbers
- 001-40937 — SEC File Number (Identifies the company's filings with the SEC.)
- 87-2908160 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- P10, Inc. (company) — Registrant
- Robert L. Johnson (person) — Departing and newly elected director
- June 14, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- 4514 Cole Avenue Suite 1600 (address) — Principal Executive Offices
- Dallas, Texas (location) — Principal Executive Offices City and State
FAQ
Who has departed from the P10, Inc. board of directors?
Robert L. Johnson has departed from the P10, Inc. board of directors as of June 14, 2024.
Who has been elected to the P10, Inc. board of directors?
Robert L. Johnson has been elected to the P10, Inc. board of directors.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on June 14, 2024.
What are the principal executive offices of P10, Inc.?
The principal executive offices of P10, Inc. are located at 4514 Cole Avenue, Suite 1600, Dallas, Texas, 75205.
What types of information are included in this 8-K filing?
This 8-K filing includes information on the departure of directors, election of directors, appointment of officers, compensatory arrangements, submission of matters to a vote of security holders, other events, and financial statements and exhibits.
Filing Stats: 842 words · 3 min read · ~3 pages · Grade level 11.3 · Accepted 2024-06-17 12:43:01
Key Financial Figures
- $0.001 — hich registered Class A Common Stock, $0.001 par value per share PX The New York
Filing Documents
- px-20240614.htm (8-K) — 72KB
- px-ex10_1.htm (EX-10.1) — 13KB
- px-ex99_1.htm (EX-99.1) — 17KB
- img254083677_0.jpg (GRAPHIC) — 18KB
- img254083677_1.jpg (GRAPHIC) — 16KB
- img254083677_2.jpg (GRAPHIC) — 18KB
- 0000950170-24-074124.txt ( ) — 330KB
- px-20240614.xsd (EX-101.SCH) — 46KB
- px-20240614_htm.xml (XML) — 6KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. The Company held the Annual Meeting on June 14, 2024. At the Annual Meeting, the Company's stockholders: (a) Elected three Class III Directors to serve on the Company's board of directors until the 2027 annual meeting of stockholders and until their successors are duly elected and qualified (Proposal 1); (b) Approved an amendment to the P10, Inc. 2021 Incentive Plan to increase the number of shares issuable under the Plan by 11,000,000 shares (Proposal 2); and (c) Ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm to audit the Company's financial statements for the fiscal year ending December 31, 2024 (Proposal 3). For additional information on these proposals, please see the Proxy Statement. The voting results for each of these proposals are set forth below: Proposal 1 – Election of Class III Directors Nominee Votes For Withholds Broker Non-Votes Robert Alpert 480,707,246 98,705,350 20,883,232 Travis Barnes 569,905,117 9,507,479 20,883,232 Luke A. Sarsfield III 573,317,795 6,260,277 20,717,756 Proposal 2 – Approval of amendment to the P10, Inc. 2021 Incentive Plan to increase the number of shares issuable under the Plan by 11,000,000 shares Votes For Votes Against Abstentions Broker Non-Votes 569,083,264 10,322,359 179,153 20,711,052 Proposal 3 – Ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm to audit the Company's financial statements for the fiscal year ending December 31, 2024 Votes For Votes Against Abstentions Broker Non-Votes 599,601,307 366,861 327,660 0
01 Other Events
Item 8.01 Other Events. On June 17, 2024, the Company issued a press release announcing the results of the Annual Meeting and the appointment of Tracey Benford as Lead Independent Director. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit no. Description 10.1 Amendment No. 1 to P10, Inc. 2021 Stock Incentive Plan 99.1 Press Release, dated June 17, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES 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. P10, INC. Date: June 17, 2024 By: /s/ Amanda Coussens Amanda Coussens Chief Financial Officer