Where Food Comes From, Inc. Announces 2024 Annual Meeting of Shareholders

TL;DR

<b>Where Food Comes From, Inc. will hold its 2024 Annual Meeting of Shareholders on April 11, 2024, to elect directors and ratify auditors.</b>

AI Summary

Where Food Comes From, Inc. (WFCF) filed a Proxy Statement (DEF 14A) with the SEC on February 29, 2024. The 2024 Annual Meeting of Shareholders for Where Food Comes From, Inc. will be held on Thursday, April 11, 2024, at 10:00 AM Mountain Time. The meeting will be conducted via conference call with domestic toll-free number 1-877-407-8289 and international number 1-201-689-8341. The conference code for the meeting is 13744601. Key agenda items include the election of six directors and the ratification of the independent registered public accounting firm. Shareholders of record as of the close of business on February 22, 2024, are invited to attend.

Why It Matters

For investors and stakeholders tracking Where Food Comes From, Inc., this filing contains several important signals. Shareholders need to be aware of the upcoming annual meeting date and the specific agenda items to participate in corporate governance decisions. The use of a conference call for the meeting indicates a shift towards remote participation, requiring shareholders to dial in with specific codes.

Risk Assessment

Risk Level: low — Where Food Comes From, Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual shareholder meeting, with no immediate financial or operational changes indicated.

Analyst Insight

Shareholders should review the proxy materials to make informed decisions regarding director elections and the ratification of the accounting firm.

Key Numbers

• 2024 — Annual Meeting Year (The year of the upcoming Annual Meeting of Shareholders.)
• April 11 — Meeting Date (The specific date for the 2024 Annual Meeting.)
• 10:00 AM — Meeting Time (The scheduled start time for the annual meeting.)
• February 22 — Record Date (The date by which shareholders must be of record to attend.)
• 6 — Number of Directors (The number of directors proposed for election.)

Key Players & Entities

• Where Food Comes From, Inc. (company) — Registrant and filer of the proxy statement.
• April 11, 2024 (date) — Date of the 2024 Annual Meeting of Shareholders.
• February 22, 2024 (date) — Record date for shareholders eligible to attend the meeting.
• 1-877-407-8289 (phone_number) — Domestic toll-free number for the conference call meeting.
• 1-201-689-8341 (phone_number) — International number for the conference call meeting.
• 13744601 (other) — Conference code for the annual meeting.

FAQ

Risk Factors

• Proxy Statement Filing [low — regulatory]: The company is filing a Definitive Proxy Statement (DEF 14A) in accordance with Section 14(a) of the Securities Exchange Act of 1934.

Key Dates

• 2024-04-11: 2024 Annual Meeting of Shareholders — Key date for shareholder voting and corporate governance.
• 2024-02-22: Record Date — Determines which shareholders are eligible to vote and attend the meeting.

Glossary

DEF 14A

Definitive Proxy Statement (This filing provides detailed information to shareholders regarding the annual meeting and matters to be voted upon.)

Proxy Statement

A document filed by a company with the SEC that contains information that shareholders need to make informed decisions when voting on corporate matters. (Essential for understanding the proposals and director nominees at the annual meeting.)

Filing Documents

• formdef14a.htm (DEF 14A) — 388KB
• formdef14a_001.jpg (GRAPHIC) — 3KB
• 0001493152-24-008304.txt (&nbsp;) — 394KB

Executive Compensation

Executive Compensation 15 Report of the Audit Committee 20 Stock Ownership of Certain Persons 21 Delinquent Section 16(a) Reports 21 Shareholder Proposals for the Next Annual Meeting of Shareholders 22

Forward-Looking Statements

Forward-Looking Statements 22 Other Matters 22 2 WHERE FOOD COMES FROM, INC. PROXY SHAREHOLDERS TO BE HELD ON APRIL 11, 2024 QUESTIONS AND ANSWERS ABOUT THE MEETING AND VOTING Important notice regarding the availability of proxy materials for the shareholder meeting to be held on April 11, 2024: The proxy statement and annual report are available at www.wherefoodcomesfrom.com . In accordance with U.S. Securities and Exchange Commission (the &ldquo;SEC&rdquo;) rules, we are providing access to our proxy materials over the Internet to our shareholders rather than in paper form, which reduces the environmental impact of our annual meeting and our costs. Accordingly, if you are a shareholder of record, a one-page Notice of Internet Availability of Proxy Materials (the &ldquo;Notice of Internet Availability&rdquo;) has been mailed to you on or about March 1, 2024. Shareholders of record may access the proxy materials on the website listed above or request a printed set of the proxy materials be sent to them by following the instructions in the Notice of Internet Availability. The Notice of Internet Availability also explains how you may request that we send future proxy materials to you by e-mail or in printed form by mail. If you choose the e-mail option, you will receive an e-mail next year with links to those materials and to the proxy voting site. We encourage you to choose this e-mail option, which will allow us to provide you with the information you need in a timelier manner, will save us the cost of printing and mailing documents to you and will conserve natural resources. Your election to receive proxy materials by e-mail or in printed form by mail will remain in effect until you terminate it. If you are a beneficial owner, you will not receive a Notice of Internet Availability directly from us, but your broker, bank or other intermediary will forward you a notice with instructions on accessing our proxy ma

: Gender Identity

Part I: Gender Identity 1 5

: Demographic Background

Part II: Demographic Background Native American Indian 0 1 White 1 5 Information About the Nominees Set out below is certain information concerning our nominees for election as directors of the Company: Name Chair of the Board Audit Committee Compensation Committee Nominating & Corporate Governance Committee John Saunders, CEO (1) X Leann Saunders, President and COO (1) Peter C. Lapaseotes X X Adam Larson X X X Tom Heinen X Graeme Rein X (1) John and Leann Saunders are co-founders of the Company, husband and wife, respectively, and employees of the Company. John Saunders , 52, is Chairman of the Board of Directors of the Company, serving in this position since 1998. Mr. Saunders founded our company in 1998 and has served as the Chief Executive Officer since then. Previously, Mr. Saunders was a partner and consultant for Pathfinder Consulting Services, Inc. in Parker, Colorado. An expert in both technology and the livestock industry, Mr. Saunders is a graduate of Yale University. Mr. Saunders brings to the Board of Directors over 25 years of business, finance, marketing and leadership experience in the agricultural, livestock and food industry. Additionally, we believe the perspective and experience he brings as our Chief Executive Officer, one of our founders and our largest shareholder, which brings historic knowledge, operational expertise and continuity to the Board, makes him a well-qualified candidate for a director of the Company. 8 Leann Saunders , 53, began working for the Company in 2003 and has been the President of the Company since 2008. Prior to 2003, Mrs. Saunders worked for PM Beef Holdings (&ldquo;PM&rdquo;), an integrated beef company, and developed a supply system for PM&rsquo;s Ranch to Retail product line and managed PM&rsquo;s U.S. Department of Agriculture (USDA) Process Verified program. She then served as the company&rsquo;s Vice President of Marketing and Communications. Prior to

View Full Filing

View this DEF 14A filing on SEC EDGAR