Cooper-Standard Holdings Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K, dated May 19, 2022, details the results of the Annual Meeting of Stockholders held on that date. The filing covers the election of directors, an advisory vote on executive compensation, and the ratification of the independent auditor.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on corporate governance voting results.
Material Changes
No material financial changes are reported in this filing. The primary events are the successful election of the Board of Directors and the approval of executive compensation and auditor ratification by stockholders.
Guidance, Outlook, and Risks
The filing contains no management guidance, outlook, or discussion of risks and contingencies. It serves strictly as a record of the stockholder vote outcomes.
Key Facts for Investor Verification
- Meeting Date: May 19, 2022.
- Shares Eligible to Vote: 17,061,695 shares of common stock.
- Proposal 1 (Election of Directors): All 10 nominees were elected. Votes against ranged from approximately 92,500 to 481,000 per director.
- Proposal 2 (Say-on-Pay): Approved with 13,270,964 votes for and 326,408 votes against.
- Proposal 3 (Auditor Ratification): Ernst & Young LLP was ratified with 15,325,633 votes for and 131,566 votes against.
- Broker Non-Votes: 1,518,664 broker non-votes were recorded for the director election and say-on-pay proposals.