Alexander & Baldwin Files 8-K on Operations and Shareholder Votes

Ticker: ALEX · Form: 8-K · Filed: Apr 25, 2024 · CIK: 1545654

Sentiment: neutral

Topics: operations, financial-condition, shareholder-vote

Related Tickers: ALEX

TL;DR

A&B dropped an 8-K detailing financials and shareholder votes.

AI Summary

Alexander & Baldwin, Inc. filed an 8-K on April 25, 2024, reporting on the results of operations and financial condition. The filing also includes information regarding the submission of matters to a vote of security holders and Regulation FD disclosures. Exhibits related to financial statements were also submitted.

Why It Matters

This filing provides investors with crucial updates on Alexander & Baldwin's financial performance and any significant corporate actions or shareholder decisions.

Risk Assessment

Risk Level: low — This is a routine filing providing operational and financial updates, not indicating immediate significant risk.

Key Players & Entities

FAQ

What specific financial results are being reported in this 8-K?

The 8-K indicates that it reports on the 'Results of Operations and Financial Condition' but does not provide specific figures within the provided text.

What matters were submitted to a vote of security holders?

The filing states that 'Submission of Matters to a Vote of Security Holders' is an item reported, but the specific matters are not detailed in the provided text.

What is the significance of the Regulation FD Disclosure mentioned?

Regulation FD (Fair Disclosure) ensures that material non-public information is disclosed to all investors simultaneously, so this section likely contains such disclosures.

When was this 8-K filed?

The 8-K was filed on April 25, 2024.

What is Alexander & Baldwin's principal business address?

The principal business address is P. O. Box 3440, Honolulu, Hawaii 96801.

Filing Stats: 720 words · 3 min read · ~2 pages · Grade level 9.1 · Accepted 2024-04-25 16:13:20

Filing Documents

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On April 25, 2024, Alexander & Baldwin, Inc. (the "Company") issued a press release announcing its results of operations and financial condition as of and for the three months ended March 31, 2024. This information is being furnished as Exhibit 99.1 to this report.

07. Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders. On April 23, 2024, the Company held its Annual Meeting of Shareholders at which: (i) seven directors to the Company's Board of Directors were elected, (ii) executive compensation was approved in an advisory vote, and (iii) the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm was ratified. The number of votes for, against, as well as the number of abstentions and broker non-votes, as to each matter voted upon at the Annual Meeting of Shareholders, were as follows: (i) Election of Directors For Against Abstain Broker Non-Votes Shelee M. T. Kimura 59,689,545 368,289 185,362 4,773,358 Diana M. Laing 57,735,755 2,248,220 259,221 4,773,358 John T. Leong 59,629,059 354,172 259,965 4,773,358 Thomas A. Lewis, Jr. 59,621,500 359,616 262,080 4,773,358 Lance K. Parker 59,408,997 572,258 261,941 4,773,358 Douglas M. Pasquale 56,211,796 3,865,530 165,870 4,773,358 Eric K. Yeaman 55,040,454 4,941,024 261,718 4,773,358 (ii) Advisory Vote on Executive Compensation For Against Abstain Broker Non-Votes 58,086,763 2,028,731 127,702 4,773,358 (iii) Ratification of Appointment of Independent Registered Public Accounting Firm For Against Abstain Broker Non-Votes 62,897,103 2,094,077 25,374 --

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On April 25, 2024, Alexander & Baldwin, Inc. (the "Company") made available on its website its Supplemental Information document, which provides certain supplemental operating and financial information as of and for the three months ended March 31, 2024 and 2023. A copy of this Supplemental Information document is being furnished as Exhibit 99.2 to this report.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits 99.1 Press release announcing 202 4 first quarter earnings issued April 25, 202 4 . 99.2 Alexander & Baldwin, Inc.'s Supplemental Information document as of and for the three months ended March 3 1 , 202 4 and 202 3 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: April 25, 2024 ALEXANDER & BALDWIN, INC. /s/ Clayton K.Y. Chun Clayton K.Y. Chun Executive Vice President, Chief Financial Officer and Treasurer

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