Business Context and Reporting Period
Company: Optical Cable Corporation (OCC)
Filing Type: Form 8-K (Current Report)
Date of Report: March 26, 2024
Event: Annual Meeting of Shareholders held in Roanoke, Virginia.
Key Financial Metrics
This filing is a current report regarding corporate governance events and does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. The filing text does not provide a clear value for any financial metric.
Material Changes
No material financial changes are reported in this document. The filing details the results of shareholder votes on corporate governance matters.
Management Commentary and Governance Results
Election of Directors
Five directors were elected to serve until the next annual meeting. The voting results were as follows:
- Neil D. Wilkin, Jr.: 3,528,861 votes For; 765,762 votes Withheld.
- Randall H. Frazier: 3,267,842 votes For; 1,026,781 votes Withheld.
- John M. Holland: 3,311,831 votes For; 982,792 votes Withheld.
- John A. Nygren: 3,316,865 votes For; 977,758 votes Withheld.
- Craig H. Weber: 3,505,661 votes For; 788,962 votes Withheld.
Executive Compensation Approval
Shareholders approved, on a non-binding advisory basis, the compensation of the Company's named executive officers.
- Votes For: 3,961,370
- Votes Against: 261,271
- Votes Abstain: 71,981
Regulation FD Disclosure
CEO Neil Wilkin provided a presentation prior to the meeting. The materials are furnished as Exhibit 99.1 and are not deemed "filed" for purposes of Section 18 of the Exchange Act. The Company disclaims any obligation to update this information.
Investor Verification Checklist
- Verify the full text of the shareholder presentation (Exhibit 99.1) for any forward-looking statements or strategic updates not detailed in the 8-K summary.
- Review the Company's most recent 10-K or 10-Q filings for actual financial performance data, as this 8-K contains no financial metrics.
- Confirm the tenure and background of the newly elected directors.