Business Context and Reporting Period
This Form 8-K reports on the results of the 2019 Annual Meeting of Stockholders held by Alexander's, Inc. on May 16, 2019. The record date for voting was March 18, 2019, with 5,107,290 shares of common stock outstanding.
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 and voting outcomes.
Material Changes and Voting Results
Approximately 94.7% of outstanding shares (4,835,046 shares) were present or represented by proxy. Two proposals were voted on:
- Proposal 1: Election of Directors
- Steven Roth: Elected with 4,008,178 votes For, 660,730 Withheld, and 166,138 Broker Non-Votes.
- Wendy A. Silverstein: Elected with 4,653,538 votes For, 15,370 Withheld, and 166,138 Broker Non-Votes.
- Proposal 2: Ratification of Auditors
- Deloitte & Touche LLP: Ratified with 4,801,728 votes For, 29,501 Against, and 3,817 Abstain.
Following the meeting, Thomas R. DiBenedetto, David M. Mandelbaum, Arthur I. Sonnenblick, Dr. Richard R. West, and Russell B. Wight, Jr. continue to serve as Directors.
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 re-election of Steven Roth and Wendy A. Silverstein to the Board of Directors.
- Confirm the ratification of Deloitte & Touche LLP as the independent auditor for fiscal year 2019.
- Note the high level of shareholder participation (94.7%) at the annual meeting.
- Review the significant number of "Withheld" votes for Steven Roth (660,730) compared to Wendy A. Silverstein (15,370).