Business Context and Reporting Period
This Form 8-K filing by Transcontinental Realty Investors, Inc. (TCI) reports on the results of the Annual Meeting of Stockholders held on December 10, 2025. The filing covers corporate governance matters, specifically the election of directors and the ratification of the independent auditor for the fiscal year ending December 31, 2025.
Key Financial Metrics
This filing is a Current Report regarding corporate governance and does not contain financial performance data. The text does not provide values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
No material financial changes are reported in this document. The primary events are the successful election of the board of directors and the ratification of the accounting firm.
Guidance, Outlook, and Corporate Actions
Stockholder Voting Results:
- Quorum: Proxies representing 8,371,455 shares (96.9% of outstanding) were cast, establishing a quorum.
- Director Elections: All five nominees were elected. The nominees and their vote counts are as follows:
- Henry A. Butler: 7,712,361 For; 229,760 Abstention; 429,334 Broker Non-Votes.
- William J. Hogan: 7,661,750 For; 280,371 Abstention; 429,334 Broker Non-Votes.
- Robert A. Jakuszewski: 7,642,933 For; 299,188 Abstention; 429,334 Broker Non-Votes.
- Fernando V. Lara Celis: 7,653,512 For; 288,609 Abstention; 429,334 Broker Non-Votes.
- Ted R. Munselle: 7,642,944 For; 299,177 Abstention; 429,334 Broker Non-Votes.
- Auditor Ratification: Farmer, Fuqua & Huff, P.C. was ratified as the independent registered public accounting firm. Votes cast: 8,322,740 For, 44,725 Against, and 3,900 Abstained.
Board of Directors Meeting: Held on December 11, 2025. Henry A. Butler was re-elected Chairman of the Board, and Ted R. Munselle was re-appointed as Presiding Director.
Investor Verification Checklist
- Verify the official proxy statement dated October 30, 2025, for details on the director nominees and auditor proposal.
- Confirm the total outstanding share count of 8,639,316 as of the record date (October 29, 2025).
- Review the upcoming 10-K filing for the fiscal year ending December 31, 2025, for financial performance data not included in this 8-K.
- Note that 3,386,692 shares were held in DTC/CEDE accounts on the record date.