Franklin Electric Files 8-K on Shareholder Votes
Ticker: FELE · Form: 8-K · Filed: May 3, 2024 · CIK: 38725
Sentiment: neutral
Topics: corporate-governance, shareholder-vote, filing
Related Tickers: FELE
TL;DR
FELE filed an 8-K for shareholder votes - nothing else to see here.
AI Summary
Franklin Electric Co., Inc. filed an 8-K on May 3, 2024, to report on matters submitted to a vote of its security holders. The filing does not contain details about specific proposals or outcomes, but it serves as an official record of the company's compliance with reporting requirements regarding shareholder votes.
Why It Matters
This filing indicates that Franklin Electric Co., Inc. has held or is reporting on a meeting where security holders voted on certain matters, which is a standard corporate governance procedure.
Risk Assessment
Risk Level: low — The filing is a routine procedural report on shareholder votes and does not contain new financial information or significant business changes.
Key Players & Entities
- FRANKLIN ELECTRIC CO., INC. (company) — Registrant
- May 3, 2024 (date) — Date of Report
- Indiana (location) — State of incorporation
- 9255 Coverdale Road Fort Wayne, Indiana 46809 (address) — Principal executive offices
FAQ
What specific matters were submitted to a vote of Franklin Electric Co., Inc.'s security holders?
The provided 8-K filing does not specify the exact matters that were submitted to a vote of security holders. It only indicates that such matters were reported on.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on May 3, 2024, which is also the date of the report.
What is the principal executive office address for Franklin Electric Co., Inc.?
The principal executive office address for Franklin Electric Co., Inc. is 9255 Coverdale Road, Fort Wayne, Indiana 46809.
Under which section of the Securities Exchange Act of 1934 is this 8-K filed?
This 8-K is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is Franklin Electric Co., Inc.'s SIC code?
Franklin Electric Co., Inc.'s Standard Industrial Classification (SIC) code is 3621, which corresponds to Motors & Generators.
Filing Stats: 629 words · 3 min read · ~2 pages · Grade level 11.7 · Accepted 2024-05-03 16:24:55
Key Financial Figures
- $0.10 — ction 12(b) of the Act: Common Stock, $0.10 par value FELE NASDAQ Global Select Mar
Filing Documents
- fele-20240503.htm (8-K) — 36KB
- 0000038725-24-000096.txt ( ) — 162KB
- fele-20240503.xsd (EX-101.SCH) — 3KB
- fele-20240503_lab.xml (EX-101.LAB) — 22KB
- fele-20240503_pre.xml (EX-101.PRE) — 13KB
- fele-20240503_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 Franklin Electric Co., Inc. (the "Company") held its 2024 annual meeting of shareholders on May 3, 2024. There were 46,101,223 shares of common stock of the Company entitled to vote at the meeting and a total of 43,070,827 (93.42%) were represented at the meeting, in person or by proxy. The items voted upon at the annual meeting and the results of the vote on each proposal were as follows: Proposal 1 - Election of Directors To elect Gregg C. Sengstack and David M. Wathen as directors for terms expiring at the 2027 Annual Meeting of Shareholders. Each nominee for director was elected by a vote of the shareholders as follows: Nominees Votes For Votes Against Abstentions Broker Non-Votes Gregg C. Sengstack 38,888,135 2,603,555 45,061 1,534,076 David M. Wathen 35,103,868 6,385,806 47,077 1,534,076 Proposal 2 - Ratification of the Appointment of Deloitte & Touche LLP as the Company's Independent Registered Public Accounting Firm for the 2024 Fiscal Year To ratify the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the 2024 fiscal year. The proposal was approved by a vote of the shareholders as follows: Votes For Votes Against Abstentions Broker Non-Votes 40,868,762 2,172,909 29,156 — Proposal 3 - Advisory Vote on Executive Compensation To consider, on an advisory basis, the executive compensation of the named executive officers as disclosed in the proxy statement. The advisory vote on approval of the compensation of the Company's named executive officers was approved by the shareholders as follows: Votes For Votes Against Abstentions Broker Non-Votes 39,095,477 2,382,268 59,006 1,534,076 SIGNATURE 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. FRANKLIN ELECTRIC CO., INC. (Registrant) D