Westwood Holdings Group Files 8-K on Director Changes and Compensation
Ticker: WHG · Form: 8-K · Filed: May 6, 2024 · CIK: 1165002
| Field | Detail |
|---|---|
| Company | Westwood Holdings Group Inc (WHG) |
| Form Type | 8-K |
| Filed Date | May 6, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, officer-changes, director-changes, filing
Related Tickers: WHG
TL;DR
Westwood Holdings Group (WHG) filed an 8-K detailing director changes and compensation plans.
AI Summary
Westwood Holdings Group, Inc. filed an 8-K on May 6, 2024, reporting on the departure of directors, election of new directors, and compensatory arrangements. The filing also covers the submission of matters to a vote of security holders and includes financial statements and exhibits. The report date is May 6, 2024, with the earliest event reported on April 26, 2023.
Why It Matters
This filing provides crucial updates on the company's leadership and governance, which can impact investor confidence and strategic direction.
Risk Assessment
Risk Level: low — This is a routine corporate filing reporting on standard governance matters.
Key Numbers
- 001-31234 — SEC File Number (Identifies the company's filing history with the SEC.)
- 75-2969997 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- WESTWOOD HOLDINGS GROUP INC (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- 200 Crescent Court, Suite 1200 Dallas, Texas 75201 (address) — Principal executive offices
- April 26, 2023 (date) — Earliest event reported
- May 6, 2024 (date) — Date of report
FAQ
What specific items were submitted to a vote of security holders?
The filing indicates that matters were submitted to a vote of security holders, but the specific details of these matters are not provided in this excerpt.
Who are the departing directors or officers mentioned in the filing?
The filing notes the departure of directors or certain officers, but their names are not specified in this provided text.
What are the details of the compensatory arrangements for certain officers?
The filing mentions compensatory arrangements of certain officers, but the specifics of these arrangements are not detailed in this excerpt.
What is the SIC code for Westwood Holdings Group, Inc.?
The Standard Industrial Classification (SIC) code for Westwood Holdings Group, Inc. is 6282, which corresponds to Investment Advice.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on April 26, 2023.
Filing Stats: 790 words · 3 min read · ~3 pages · Grade level 10.6 · Accepted 2024-05-06 16:28:55
Key Financial Figures
- $0.01 — ich Registered Common stock, par value $0.01 per share WHG New York Stock Exchange
Filing Documents
- whg-20230426.htm (8-K) — 51KB
- 0001165002-24-000042.txt ( ) — 217KB
- whg-20230426.xsd (EX-101.SCH) — 2KB
- whg-20230426_lab.xml (EX-101.LAB) — 22KB
- whg-20230426_pre.xml (EX-101.PRE) — 22KB
- whg-20230426_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. At the Annual Meeting, the following Proposals 1, 2, 3, 4 and 5 were approved by the Company's stockholders. No other business was brought before the Annual Meeting. The Proposals are described in detail in the Company's definitive proxy statement filed with the SEC on March 26, 2024. The voting results for the Annual Meeting are set forth below. (a) Proposal 1 : The stockholders elected the directors listed below to hold office until the next annual meeting and until their respective successors shall have been duly elected and qualified. The voting results for this Proposal 1 were as follows: Nominee For Against Abstain Broker Non-Vote Brian O. Casey 6,617,603 288,813 21,302 685,014 Richard M. Frank 6,463,721 442,696 21,301 685,014 Ellen H. Masterson 6,535,541 288,973 103,204 685,014 Geoffrey R. Norman 6,473,527 432,890 21,301 685,014 Randy A. Bowman 6,431,818 463,982 31,918 685,014 (b) Proposal 2 : The stockholders ratified BDO USA, P.C. as the Company's independent auditors for the year ending December 31, 2024. The voting results for this Proposal 2 were as follows: For Against Abstain 7,515,705 66,097 30,930 (c) Proposal 3 : The stockholders approved the Tenth Amended and Restated Westwood Holdings Group, Inc. Stock Incentive Plan. The voting results for this Proposal 3 were as follows: For Against Abstain Broker Non-Vote 3,985,609 2,789,351 152,758 685,014 (d) Proposal 4 : The stockholders approved, on a non-binding, advisory basis, the Company's executive compensation. The voting results for this Proposal 4 were as follows: For Against Abstain Broker Non-Vote 6,516,953 318,228 92,537 685,014 (e) Proposal 5 : The stockholders approved amendments to the Company's Certificate of Incorporation to extend exculpation protection to officers of the Company pursuant to Section 102(b)(7) of the Delaware General Corporation Law. The voting results for this Proposal 5 were as follow
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 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. WESTWOOD HOLDINGS GROUP, INC. Date: May 6, 2024 /s/ Brian O. Casey Brian O. Casey Chief Executive Officer