Watts Water Technologies Holds Shareholder Vote
Ticker: WTS · Form: 8-K · Filed: May 23, 2024 · CIK: 795403
Sentiment: neutral
Topics: shareholder-vote, corporate-governance
Related Tickers: WTS
TL;DR
Watts Water shareholders voted on key company matters on May 22nd.
AI Summary
On May 22, 2024, Watts Water Technologies, Inc. filed an 8-K report detailing the submission of matters to a vote of security holders. The filing indicates that the company held a meeting where shareholders voted on various corporate matters. Specific details of the votes, such as resolutions passed or failed, and the exact outcomes, are not provided in this summary section of the filing.
Why It Matters
This filing signifies a formal shareholder engagement where important corporate decisions are made through voting, impacting the company's governance and future direction.
Risk Assessment
Risk Level: low — The filing is a routine procedural report of a shareholder vote, not indicating any immediate financial distress or significant operational changes.
Key Players & Entities
- Watts Water Technologies, Inc. (company) — Registrant
- May 22, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- North Andover, Massachusetts (location) — Principal Executive Offices
FAQ
What specific matters were submitted for a vote by Watts Water Technologies' security holders?
The filing states that matters were submitted to a vote of security holders, but does not specify the exact resolutions or proposals in this section.
When was the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported is May 22, 2024.
Under which section of the Securities Exchange Act of 1934 is this 8-K report filed?
This 8-K report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is the principal executive office address for Watts Water Technologies, Inc.?
The address of the Principal Executive Offices is 815 Chestnut Street, North Andover, Massachusetts 01845.
What is the Commission File Number for Watts Water Technologies, Inc.?
The Commission File Number for Watts Water Technologies, Inc. is 001-11499.
Filing Stats: 695 words · 3 min read · ~2 pages · Grade level 11.9 · Accepted 2024-05-22 19:10:32
Key Financial Figures
- $0.10 — stered Class A Common Stock, par value $0.10 per share WTS New York Stock Exchan
Filing Documents
- wts-20240522x8k.htm (8-K) — 54KB
- 0001558370-24-008581.txt ( ) — 169KB
- wts-20240522.xsd (EX-101.SCH) — 3KB
- wts-20240522_lab.xml (EX-101.LAB) — 15KB
- wts-20240522_pre.xml (EX-101.PRE) — 10KB
- wts-20240522x8k_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 (a) The 2024 Annual Meeting (the "2024 Annual Meeting") of Watts Water Technologies, Inc., a Delaware corporation (the "Company"), was held on Wednesday, May 22, 2024. (b) The results of the voting on the proposals considered at the 2024 Annual Meeting were as follows: Proposal 1: Election of Directors Each of the following nine persons was elected as a Director of the Company for a term expiring at the Company's 2025 Annual Meeting of Stockholders and until such Director's successor is duly elected and qualified. The voting results were as follows: Nominee Votes For Votes Withheld Broker Non-Votes Rebecca J. Boll 83,666,563 579,534 869,303 Michael J. Dubose 75,700,841 8,545,256 869,303 David A. Dunbar 75,887,526 8,358,571 869,303 Louise K. Goeser 75,657,353 8,588,744 869,303 Kenneth Napolitano 83,643,853 602,244 869,303 Joseph T. Noonan 83,617,373 628,724 869,303 Robert J. Pagano, Jr. 81,693,859 2,552,238 869,303 Merilee Raines 73,399,842 10,846,255 869,303 Joseph W. Reitmeier 75,929,817 8,316,280 869,303 Proposal 2: Advisory Vote on Named Executive Officer Compensation The results of the non-binding advisory vote on the compensation paid to the Company's named executive officers were as follows: Number of votes cast for the proposal: 82,702,655 Number of votes cast against the proposal: 1,510,708 Number of abstentions: 32,734 Number of broker non-votes: 869,303 Proposal 2, having received the affirmative vote of the holders of 98.2% of the votes present or represented by proxy and entitled to vote at the 2024 Annual Meeting, was approved on an advisory basis. Proposal 3: Ratification of Independent Registered Public Accounting Firm The votes regarding the ratification of the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024 were as foll