Business Context and Reporting Period
This Form 8-K Current Report was filed by Energy Services of America Corporation on February 17, 2021. The filing documents the results of the Company's Annual Meeting of Stockholders held on that date. The meeting addressed the election of directors, the ratification of independent auditors, and an advisory vote on executive compensation.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results and does not contain financial performance data.
Material Changes and Voting Results
The following matters were submitted to a vote of security holders:
- Election of Directors: All ten director nominees were elected. Votes cast "For" ranged from approximately 6.27 million to 6.45 million per nominee. "Withheld" votes ranged from approximately 15,000 to 192,000. There were 2,901,771 broker non-votes for each nominee.
- Ratification of Auditors: Stockholders ratified the appointment of Arnett Carbis Toothman LLP as the independent registered public accounting firm for the year ending September 30, 2021. The vote was 9,336,587 "For," 19,394 "Against," and 12,151 "Abstain."
- Executive Compensation: An advisory, non-binding resolution regarding executive compensation was approved. The vote was 6,280,792 "For," 180,777 "Against," and 4,792 "Abstain."
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to the reporting of the stockholder vote outcomes.
Investor Verification Checklist
- Verify the total number of shares outstanding to contextualize the voting percentages.
- Review the Company's most recent 10-K or 10-Q for financial performance metrics not included in this 8-K.
- Confirm the tenure and background of the newly elected directors.
- Check for any subsequent filings regarding the implementation of the advisory compensation vote.