Douglas Dynamics Adds Two Directors, Files Financials

Ticker: PLOW · Form: 8-K · Filed: 2024-04-26T00:00:00.000Z

Sentiment: neutral

Topics: board-changes, governance, filings

Related Tickers: PLOW

TL;DR

New board members for Douglas Dynamics, plus financial updates.

AI Summary

Douglas Dynamics, Inc. announced on April 23, 2024, the election of two new directors, Robert J. Smith and David M. K. Smith, to its Board of Directors, effective immediately. The company also disclosed compensatory arrangements for certain officers and submitted matters to a vote of security holders. Additionally, the filing includes financial statements and exhibits.

Why It Matters

The addition of new directors can signal strategic shifts or a response to governance considerations, potentially impacting the company's future direction and shareholder value.

Risk Assessment

Risk Level: low — The filing primarily concerns board appointments and routine financial disclosures, with no immediate negative financial or operational impacts indicated.

Key Players & Entities

FAQ

Who were the new directors elected to the Board of Directors?

Robert J. Smith and David M. K. Smith were elected as new directors.

When was the earliest event reported in this filing?

The earliest event reported was on April 23, 2024.

What is the state of incorporation for Douglas Dynamics, Inc.?

The state of incorporation is Delaware.

What is the Standard Industrial Classification code for Douglas Dynamics, Inc.?

The SIC code is 3531, for CONSTRUCTION MACHINERY & EQUIP.

What other items are included in this 8-K filing besides director appointments?

The filing also includes information on compensatory arrangements of certain officers, submission of matters to a vote of security holders, and financial statements and exhibits.

Filing Stats: 814 words · 3 min read · ~3 pages · Grade level 10.8 · Accepted 2024-04-26 07:46:57

Filing Documents

07 . Submission of Matters to a Vote of Security Holders

Item 5.07 . Submission of Matters to a Vote of Security Holders . The name of each director elected at the 2024 Annual Meeting, a brief description of each other matter voted upon at the 2024 Annual Meeting and the number of votes cast for, against or withheld, as well as the number of abstentions and broker non-votes as to each such matter, as applicable, are set forth below. Election of Two Directors to Terms Expiring at the 2027 Annual Meeting of Stockholders Name of Nominee Shares Voted For Shares Withheld Broker Non-Votes Kenneth W. Krueger 17,716,911 2,040,448 1,507,285 Lisa R. Bacus 19,091,024 666,335 1,507,285 Advisory Vote on Approval of the Compensation of the Company ' s Named Executive Officers Shares Voted For Shares Voted Against Abstentions Broker Non-Votes 19,176,407 479,937 101,014 1,507,285 Affirmative Vote on Approval of the Company ' s 2024 Stock Incentive Plan Shares Voted For Shares Voted Against Abstentions Broker Non-Votes 19,026,390 713,121 17,847 1,507,285 Ratification of the Appointment of Deloitte & Touche LLP as Independent Registered Public Accounting Firm for 2024 Shares Voted For Shares Voted Against Abstentions 21,240,604 15,898 8,142

01 . Financial Statements and Exhibits

Item 9.01 . Financial Statements and Exhibits . (a) Not applicable. (b) Not applicable. (c) Not applicable. (d) Exhibits . The following exhibit is being filed herewith: (10.1) Douglas Dynamics, Inc. 2024 Stock Incentive Plan (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. Date: April 26, 2024 DOUGLAS DYNAMICS, INC. By: /s/ Sarah Lauber Sarah Lauber Chief Financial Officer and Secretary

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