Otter Tail Corp Files 8-K on Shareholder Vote Matters

Ticker: OTTR · Form: 8-K · Filed: Apr 10, 2024

Sentiment: neutral

Topics: corporate-governance, shareholder-vote

Related Tickers: OTTR

TL;DR

OTTR filed an 8-K on shareholder vote matters. All good.

AI Summary

Otter Tail Corporation filed an 8-K on April 10, 2024, reporting on matters submitted to a vote of security holders as of April 8, 2024. The filing details the company's corporate structure, including its state of incorporation (Minnesota) and its principal executive offices located in Fergus Falls, MN.

Why It Matters

This filing informs investors about important corporate governance events, specifically matters put to a vote by Otter Tail Corporation's shareholders.

Risk Assessment

Risk Level: low — The filing is a routine corporate disclosure regarding shareholder votes and does not indicate any immediate financial distress or significant operational changes.

Key Players & Entities

FAQ

What specific matters were submitted to a vote of Otter Tail Corporation's 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 the excerpt.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on April 8, 2024.

What is Otter Tail Corporation's state of incorporation?

Otter Tail Corporation is incorporated in Minnesota.

Where are Otter Tail Corporation's principal executive offices located?

Otter Tail Corporation's principal executive offices are located at 215 South Cascade Street, P.O. Box 496, Fergus Falls, MN 56538-0496.

What is the registrant's telephone number?

The registrant's telephone number is (866) 410-8780.

Filing Stats: 654 words · 3 min read · ~2 pages · Grade level 12.9 · Accepted 2024-04-10 10:03:36

Key Financial Figures

Filing Documents

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders Otter Tail Corporation (the "Company") held its Annual Shareholder Meeting on April 8, 2024, in a virtual format. A total of 41,776,900 shares of the Company's common stock were entitled to vote as of the close of business on February 8, 2024, the record date for the Annual Meeting, of which 34,351,448 were voted in person or by proxy at the Annual Meeting, with virtual attendance constituting in person attendance at the Annual Meeting. The matters voted upon and approved by the Company's shareholders were: 1. the election of three members to the Board of Directors; 2. the approval, in a non-binding advisory vote, of the compensation provided to the Named Executive Officers as described in the Proxy Statement; and 3. the ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the year 2024. The following is a summary of the voting results for each matter presented to the shareholders: Election of Directors: Director's Name Votes For Votes Withheld Broker Non-Votes Mary E. Ludford 27,346,252 649,371 6,355,825 Charles S. MacFarlane 27,691,784 303,839 6,355,825 Thomas J. Webb 27,548,873 446,750 6,355,825 All three directors were elected, or re-elected, to serve three-year terms expiring at the time of the 2027 Annual Shareholder Meeting and until their successors are duly elected and qualified. Approval, In a Non-Binding Advisory Vote, of Compensation Provided to the Named Executive Officers as Described in the Proxy Statement: Votes For Votes Against Votes Abstained Broker Non-Votes 26,863,245 749,226 383,152 6,355,825 Ratification of the Appointment of Deloitte & Touche LLP as Otter Tail Corporation's Independent Registered Public Accounting Firm for the Year 2024: Votes For Votes Against Votes Abstained Broker Non-Votes 33,836,435 400,517 114,496 — SIGNATURE Pursuant to the requirements of the Securities Exchan

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