Lindsay Corp 8-K: Shareholder Vote & Financials Filed Jan 9
Ticker: LNN · Form: 8-K · Filed: Jan 12, 2024 · CIK: 836157
Complexity: simple
Sentiment: neutral
Topics: shareholder-vote, corporate-governance, 8-K
TL;DR
**LNN filed an 8-K on Jan 12 for a Jan 9 event, signaling a shareholder vote and new financials.**
AI Summary
Lindsay Corporation (LNN) filed an 8-K on January 12, 2024, reporting an event that occurred on January 9, 2024. This filing indicates the submission of matters to a vote of security holders and includes financial statements and exhibits. For investors, this matters because shareholder votes often involve significant corporate decisions like executive compensation, mergers, or changes to company bylaws, which can directly impact the company's future performance and stock value.
Why It Matters
Shareholder votes can dictate major corporate actions, directly influencing Lindsay Corporation's strategic direction and potentially its stock performance.
Risk Assessment
Risk Level: medium — The filing itself is routine, but the undisclosed 'matters to a vote' could carry significant risk or opportunity depending on their nature.
Analyst Insight
A smart investor would monitor Lindsay Corporation's subsequent SEC filings, particularly any proxy statements, to understand the specifics of the shareholder vote and its potential implications for the company's future.
Key Numbers
- $1.00 — par value per share (par value of Lindsay Corporation's Common Stock)
- 001-13419 — Commission File Number (SEC file number for Lindsay Corporation)
- 47-0554096 — IRS Employer Identification No. (IRS number for Lindsay Corporation)
Key Players & Entities
- Lindsay Corporation (company) — the registrant filing the 8-K
- LNN (company) — trading symbol for Lindsay Corporation
- New York Stock Exchange (company) — exchange where LNN common stock is registered
- Delaware (company) — state of incorporation for Lindsay Corporation
- Omaha, Nebraska (company) — location of Lindsay Corporation's principal executive offices
Forward-Looking Statements
- Further details regarding the 'matters to a vote of security holders' will be disclosed in a subsequent filing, likely a proxy statement (DEF 14A). (Lindsay Corporation) — high confidence, target: Q1 2024
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 09, 2024.
What specific items were reported under Item Information in this 8-K?
The specific items reported under Item Information were 'Submission of Matters to a Vote of Security Holders' and 'Financial Statements and Exhibits'.
What is Lindsay Corporation's trading symbol and on which exchange is its common stock registered?
Lindsay Corporation's trading symbol is LNN, and its Common Stock, $1.00 par value, is registered on the New York Stock Exchange.
What is the business address and phone number of Lindsay Corporation as stated in the filing?
Lindsay Corporation's business address is 18135 Burke Street, Suite 100, Omaha, Nebraska, 68022, and its telephone number is (402) 829-6800.
Is Lindsay Corporation considered an emerging growth company according to this filing?
The filing indicates that Lindsay Corporation is NOT an emerging growth company, as the box for 'emerging growth company' is unchecked.
Filing Stats: 577 words · 2 min read · ~2 pages · Grade level 12.1 · Accepted 2024-01-12 06:45:09
Key Financial Figures
- $1.00 — nge on which registered Common Stock, $1.00 par value LNN New York Stock Exchan
Filing Documents
- lnn-20240109.htm (8-K) — 50KB
- 0000950170-24-004106.txt ( ) — 161KB
- lnn-20240109.xsd (EX-101.SCH) — 24KB
- lnn-20240109_htm.xml (XML) — 5KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. On January 9, 2024, Lindsay Corporation (the “Company”) held its annual meeting of stockholders (the “Fiscal 2024 Annual Meeting”). A total of 9,632,845 shares of the Company’s common stock, or 87.3% of the 11,030,936 shares entitled to vote, were represented in person or by proxy at the Fiscal 2024 Annual Meeting. The final results for each of the matters submitted to a stockholder vote at the Fiscal 2024 Annual Meeting are set forth below. 1. The stockholders elected two directors with terms expiring at the fiscal 2027 annual meeting of stockholders, based on the following voting results: Votes For Votes Withheld Broker Non-Votes Election of Directors Robert E. Brunner 7,960,446 1,243,088 429,311 Randy A. Wood 9,101,562 101,972 429,311 2. The stockholders ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending August 31, 2024, based on the following voting results: Votes For Votes Against Abstentions Ratification of Independent Registered Public Accounting Firm 9,305,903 325,886 1,056 3. The stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers, based on the following voting results: Votes For Votes Against Abstentions Broker Non‑Votes Advisory Vote on Executive Compensation 8,693,069 452,626 57,839 429,311
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. 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. LINDSAY CORPORATION Date: January 12, 2024 By: /s/ Brian L. Ketcham Brian L. Ketcham, Senior Vice President and Chief Financial Officer