Educational Development Corp Files 8-K on Shareholder Votes
Ticker: EDUC · Form: 8-K · Filed: Aug 12, 2024 · CIK: 31667
Sentiment: neutral
Topics: governance, shareholder-vote, disclosure
TL;DR
EDC filed an 8-K on shareholder votes, check for details on governance changes.
AI Summary
Educational Development Corporation filed an 8-K on August 12, 2024, reporting on matters submitted to a vote of security holders. The earliest event reported was on July 10, 2024. The company, incorporated in Delaware, is based in Tulsa, Oklahoma, and operates in the wholesale-miscellaneous nondurable goods sector.
Why It Matters
This filing indicates that Educational Development Corporation held a shareholder vote, which is a key governance event that can impact corporate direction and shareholder rights.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of a shareholder vote and does not appear to contain immediate negative financial or operational news.
Key Numbers
- 000-04957 — SEC File Number (Identifies the company's filing history with the SEC.)
- 73-0750007 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- EDUCATIONAL DEVELOPMENT CORP (company) — Registrant
- August 12, 2024 (date) — Filing Date
- July 10, 2024 (date) — Earliest Event Date
- Tulsa, Oklahoma (location) — Principal Executive Offices
FAQ
What specific matters were submitted to a vote of security holders?
The filing states it is a 'Submission of Matters to a Vote of Security Holders' but does not detail the specific proposals in the provided text.
When was the shareholder vote officially held or reported?
The earliest event reported in the filing was on July 10, 2024, and the report was filed on August 12, 2024.
What is Educational Development Corporation's primary business sector?
The company is classified under 'WHOLESALE-MISCELLANEOUS NONDURABLE GOODS [5190]'.
Where are Educational Development Corporation's principal executive offices located?
The principal executive offices are located at 5402 S 122nd East Avenue, Tulsa, Oklahoma 74146.
Has the company undergone any previous name changes?
Yes, the company was formerly known as TUTOR TAPES INTERNATIONAL CORP and INTERNATIONAL TEACHING TAPES INC, with name changes occurring in 1970.
Filing Stats: 520 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-08-12 16:01:17
Filing Documents
- edc20240812_8k.htm (8-K) — 33KB
- 0001185185-24-000781.txt ( ) — 165KB
- educ-20240710.xsd (EX-101.SCH) — 3KB
- educ-20240710_def.xml (EX-101.DEF) — 10KB
- educ-20240710_lab.xml (EX-101.LAB) — 19KB
- educ-20240710_pre.xml (EX-101.PRE) — 11KB
- edc20240812_8k_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 At the annual meeting of stockholders of the Company held on July 10, 2024, the following actions took place: 1. Election of two Class II Directors. The Company's stockholders reelected Craig M. White and Dr. Kara Gae Neal as Class II Directors of the Company each for a three-year term based on the following votes: Nominee For Against Withheld Broker Non-Votes Craig M. White 4,683,888 0 473,057 1,637,825 Dr. Kara Gae Neal 4,967,956 0 188,989 1,637,825 2. Ratification of Independent Registered Public Accounting Firm. The Company's stockholders approved the ratification of the appointment of HoganTaylor LLP as the independent public accounting firm for the Company for the year ending February 28, 2025, based on the following votes: For Against Abstain/Withheld Broker Non-Votes 6,559,531 19,976 215,263 0 3. Compensation of our name executive officers. Approval, on an advisory basis, based on the following votes: For Against Abstain/Withheld Broker Non-Votes 5,066,150 50,516 40,279 1,637,825 SIGNATURE Pursuant to the requirements of the Exchange Act, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. EDUCATIONAL DEVELOPMENT CORPORATION Date: August 12, 2024 By: /s/ Dan E. O'Keefe Dan E. O'Keefe Chief Financial Officer