Empire State Realty Trust, Inc. current report, 13 May 2021

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Business Context and Reporting Period

This Form 8-K reports on the 2021 Annual Shareholders Meeting of Empire State Realty Trust, Inc., held on May 13, 2021. The Company is a real estate investment trust incorporated in Maryland, with its principal executive offices in New York, New York.

Key Financial Metrics

The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. This report focuses exclusively on corporate governance and shareholder voting results.

Material Changes and Voting Results

The following matters were submitted to a vote of security holders, with Class A and Class B common stockholders voting together as a single class:

  • Election of Directors: All nine nominees were elected. Votes ranged from approximately 174.9 million "For" (Steven J. Gilbert) to 182.5 million "For" (Thomas J. DeRosa). Broker non-votes totaled 10,241,965 for each nominee.
  • Executive Compensation: Shareholders approved, on a non-binding advisory basis, the compensation of named executive officers. The vote was 175,415,253 "For" versus 7,450,496 "Against."
  • Auditor Ratification: Shareholders ratified the selection of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2021. The vote was 188,923,629 "For" versus 4,405,252 "Against."

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 disclosure of voting outcomes.

Important Facts for Investors

  • Class B common stockholders are entitled to 50 votes per share, provided they own 49 operating partnership units in Empire State Realty OP, L.P. for each share of Class B common stock.
  • Class A common stockholders are entitled to one vote per share.
  • Ernst & Young LLP has been ratified as the independent auditor for the 2021 fiscal year.
  • All director nominees received significant majority support, though broker non-votes were consistent across all candidates.