TPI Composites Files 8-K on Shareholder Votes

TL;DR

TPI Composites filed an 8-K about shareholder votes. Standard governance stuff.

AI Summary

TPI Composites, Inc. filed an 8-K on June 4, 2024, reporting on matters submitted to a vote of security holders as of May 29, 2024. The filing details the company's corporate structure, including its state of incorporation (Delaware) and principal executive offices in Scottsdale, Arizona. No specific voting outcomes or financial transactions are detailed in this particular filing excerpt.

Why It Matters

This filing indicates that TPI Composites is engaging with its shareholders on important corporate matters, which is a standard but necessary part of public company governance.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of corporate actions and does not present immediate financial or operational risks.

Key Players & Entities

• TPI Composites, Inc. (company) — Registrant
• Delaware (jurisdiction) — State of incorporation
• Scottsdale, Arizona (location) — Principal executive offices

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 TPIC NASDAQ Global Market Indicate

Filing Documents

• d771143d8k.htm (8-K) — 40KB
• g771143g0604091804382.jpg (GRAPHIC) — 2KB
• 0001193125-24-154254.txt ( ) — 165KB
• tpic-20240529.xsd (EX-101.SCH) — 3KB
• tpic-20240529_lab.xml (EX-101.LAB) — 18KB
• tpic-20240529_pre.xml (EX-101.PRE) — 11KB
• d771143d8k_htm.xml (XML) — 4KB

From the Filing

8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 May 29, 2024 Date of Report (Date of earliest event reported) TPI Composites, Inc. (Exact name of registrant as specified in its charter) Delaware 001-37839 20-1590775 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 9200 E. Pima Center Parkway , Suite 250 Scottsdale , Arizona 85258 (Address of principal executive offices) (Zip Code) 480 - 305-8910 (Registrant's telephone number, including area code) Not applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 TPIC NASDAQ Global Market Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item5.07 Submission of Matters to a Vote of Security Holders. On May 29, 2024, TPI Composites, Inc. (the Company) held its 2024 Annual Meeting of Stockholders (the "Annual Meeting"). The following is a brief description of each matter submitted to a vote at the Annual Meeting, as well as the number of votes cast for, against, and withheld and the number of abstentions and broker non-votes with respect to each matter. For more information about these proposals, please refer to the Company's definitive proxy statement filed with the U.S. Securities and Exchange Commission on April 22, 2024. Proposal One: Election of Directors The stockholders elected Paul Giovacchini, Jayshree Desai, Bavan Holloway and Edward Hall as Class II directors to hold office until the 2027 Annual Meeting of Stockholders or until their successors are duly elected and qualified, subject to their earlier resignation or removal. Director's Name Votes For Votes Withheld Broker Non-Votes Paul Giovacchini 21,881,828 3,654,077 4,505,736 Jayshree Desai 24,070,880 1,465,025 4,505,736 Bavan Holloway 23,941,605 1,594,300 4,505,736 Edward Hall 24,917,443 618,462 4,505,736 Proposal Two: Ratification of the Appointment of our Independent Registered Public Accounting Firm Votes For Votes Against Abstentions Broker Non-Votes 28,489,488 1,449,365 102,788 — Proposal Three: Non-Binding Advisory Vote on Named Executive Officer Compensation Votes For Votes Against Abstentions Broker Non-Votes 21,845,426 3,494,145 196,334 4,505,736 Proposal Four: Approve an Amendment to the Company's Amended and Restated Certificate of Incorporation to declassify the Board of Directors of the Company Votes For Votes Against Abstentions Broker Non-Votes 25,215,116 243,967 76,822 4,505,736 This proposal was not approved because it required the affirmative vote of at least 75% of the outstanding shares of capital stock of the Company. Proposal Five: Approve an Amendment to the Company's Amended and Restated Certificate of Incorporation to eliminate supermajority voting requirements Votes For Votes Against Abstentions Broker Non-Votes 24,858,929 598,536 78,440 4,505,736 This proposal was not approved because it required the affirmative vote of at least 75% of the outstanding shares of capital stock of the Company. 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. TPI Composites, Inc. Date: June 4, 2024 By: /s/ William E. Siwek William E. Siwek President and Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR