SEC Filing Summary: CONSOL Energy Inc. (CEIX)
Business Context and Reporting Period
This Form 8-K, dated April 27, 2023, reports the results of the 2023 Annual Meeting of Stockholders held by CONSOL Energy Inc. The record date for the meeting was March 3, 2023, with 34,524,925 shares of common stock outstanding and entitled to vote.
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 outcomes.
Material Changes and Voting Results
The following matters were submitted to a vote of security holders:
- Proposal 1 (Election of Directors): Six directors were elected for one-year terms expiring at the 2024 Annual Meeting.
- James A. Brock: 24,399,272 For; 161,023 Withheld.
- John T. Mills: 19,577,566 For; 4,982,729 Withheld.
- William P. Powell: 19,443,056 For; 5,117,239 Withheld.
- Joseph P. Platt: 18,923,092 For; 5,637,203 Withheld.
- Valli Perera: 24,278,555 For; 281,740 Withheld.
- Cassandra Pan: 24,375,128 For; 185,167 Withheld.
- Proposal 2 (Ratification of Auditors): The appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2023, was ratified.
- For: 28,799,479
- Against: 162,276
- Abstain: 183,104
- Proposal 3 (Say-on-Pay): The compensation paid to named executive officers in 2022 was approved on an advisory basis.
- For: 23,101,175
- Against: 1,306,869
- Abstain: 152,251
- Broker Non-Votes: 4,584,564
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the specific reasons for the significant number of "Withheld" votes for directors John T. Mills, William P. Powell, and Joseph P. Platt, which exceeded 25% of the votes cast for those individuals.
- Confirm the total number of shares outstanding and the record date to validate the voting percentages.
- Review the company's most recent 10-K or 10-Q for financial performance data, as this 8-K contains no financial metrics.