Fortune Brands Home & Security, Inc. - 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report covers the Annual Meeting of Stockholders held by Fortune Brands Home & Security, Inc. on May 4, 2021. The filing details the voting results for three specific proposals submitted to security holders.
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 voting outcomes rather than financial performance data.
Material Changes and Voting Results
Stockholders voted on the following matters at the Annual Meeting:
- Proposal 1: Election of Class I Directors
- Ann F. Hackett: 112,864,781 For; 2,499,719 Against; 130,948 Abstain.
- John G. Morikis: 114,015,430 For; 1,347,201 Against; 132,817 Abstain.
- Jeffery S. Perry: 114,589,997 For; 767,927 Against; 137,524 Abstain.
- Ronald V. Waters, III: 110,202,894 For; 5,143,217 Against; 149,337 Abstain.
- Proposal 2: Ratification of Independent Auditor
- PricewaterhouseCoopers LLP was ratified for 2021 with 123,755,961 For; 890,386 Against; 118,019 Abstain.
- Proposal 3: Advisory Vote on Executive Compensation
- Compensation was approved with 107,288,486 For; 7,883,006 Against; 323,956 Abstain.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Four Class I directors were elected to serve until the 2024 Annual Meeting.
- PricewaterhouseCoopers LLP was ratified as the independent registered public accounting firm for 2021.
- The advisory vote on executive compensation received significant support, though the "Against" vote (approx. 7.9 million) was higher than the other proposals.
- Broker non-votes totaled 9,268,918 for the director elections and the executive compensation vote.