Educational Development Corp Proxy Statement Filed
Ticker: EDUC · Form: DEF 14A · Filed: May 28, 2024 · CIK: 31667
Sentiment: neutral
Topics: proxy-statement, annual-meeting
TL;DR
EDC filed its proxy statement for the July 10th meeting. No fee paid.
AI Summary
Educational Development Corporation (EDC) filed its definitive proxy statement on May 28, 2024, for its annual meeting on July 10, 2024. The company, previously known as Tutor Tapes International Corp, is in the wholesale-miscellaneous nondurable goods sector. The filing indicates no fee was required for this proxy statement submission.
Why It Matters
This filing provides shareholders with crucial information regarding the company's governance and upcoming decisions to be voted on at the annual meeting.
Risk Assessment
Risk Level: low — This is a routine proxy filing with no immediate financial or operational news.
Key Players & Entities
- EDUCATIONAL DEVELOPMENT CORP (company) — Registrant
- TUTOR TAPES INTERNATIONAL CORP (company) — Former company name
- May 28, 2024 (date) — Filing date
- July 10, 2024 (date) — Annual meeting date
FAQ
What is the purpose of this DEF 14A filing?
The purpose of this DEF 14A filing is to provide shareholders with information required in a proxy statement for the annual meeting of shareholders.
When is the annual meeting of shareholders for Educational Development Corporation?
The annual meeting of shareholders for Educational Development Corporation is scheduled for July 10, 2024.
What was Educational Development Corporation previously known as?
Educational Development Corporation was previously known as Tutor Tapes International Corp and International Teaching Tapes Inc.
What is the Standard Industrial Classification (SIC) code for Educational Development Corporation?
The Standard Industrial Classification (SIC) code for Educational Development Corporation is 5190, which falls under Wholesale-Miscellaneous Nondurable Goods.
Was there a filing fee associated with this proxy statement?
No fee was required for the filing of this proxy statement.
Filing Stats: 4,793 words · 19 min read · ~16 pages · Grade level 13.1 · Accepted 2024-05-28 16:00:56
Key Financial Figures
- $0.20 — o the meeting. VOTING SECURITIES Our $0.20 par value common stock is the only clas
Filing Documents
- edc20240528_def14a.htm (DEF 14A) — 351KB
- edc20230516_def14aimg001.jpg (GRAPHIC) — 10KB
- edc20230516_def14aimg005.jpg (GRAPHIC) — 17KB
- edc20230516_def14aimg006.jpg (GRAPHIC) — 5KB
- edc20230516_def14aimg007.jpg (GRAPHIC) — 1KB
- sig1.jpg (GRAPHIC) — 6KB
- 0001185185-24-000591.txt ( ) — 405KB
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 9 SECTION 16 (A) BENEFICIAL OWNERSHIP REPORTING COMPLIANCE 10 EXECUTIVE OFFICERS OF THE REGISTRANT 10
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 10 ANNUAL BONUSES AND EQUITY AWARDS 11 OUTSTANDING EQUITY AWARDS AS OF FISCAL YEAR ENDED FEBRUARY 29, 2024 12 PAY VERSUS PERFORMANCE DISCLOSURE 13 COMPENSATION COMMITTEE REPORT 14 REPORT OF THE AUDIT COMMITTEE 15 INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS 16 PROPOSAL FOR ACTION AT THE ANNUAL MEETING –Proposal Two, RATIFICATION OF ACCOUNTING FIRM 16 –Proposal Three, ADVISORY VOTE TO APPROVE THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS 16 SHAREHOLDER PROPOSALS 17 ANNUAL REPORT AND FORM 10-K 17 OTHER MATTERS 18 EDUCATIONAL DEVELOPMENT CORPORATION 5402 S 122nd E Ave Tulsa, Oklahoma 74146 (918) 622-4522 NOTICE OF 2024 ANNUAL MEETING OF SHAREHOLDERS TIME AND DATE: 10:00 a.m. CST on July 10, 2024 PLACE: Educational Development Corporation Corporate Offices, Executive Conference Room 5402 S 122nd E Ave Tulsa, Oklahoma ITEMS OF BUSINESS: (1) To elect two Class II directors. (2) To ratify the appointment of HoganTaylor LLP as our independent registered public accounting firm for the year ending February 28, 2025. (3) An advisory vote to approve the compensation of the Company's Named Executive Officers. (4) To transact such other business as may properly come before the meeting or any adjournment or postponement thereof. WHO CAN VOTE: You are entitled to vote if you were a shareholder of record at the close of business on the record date, May 13, 2024. VOTING BY PROXY: Please submit a proxy as soon as possible so that your shares of our common stock can be voted at the annual meeting in accordance with your instructions. For specific instructions on voting, please refer to the instructions on the enclosed proxy card. 2024 ANNUAL REPORT: Our annual report to shareholders is available online at www.edcpub.com/CorporateFilings DATE OF MAILING: On or around May 30, 2024, we will mail the Important Notice Regarding the Availability of Proxy Materials (the "Notice") to all shareholders of reco