Business Context and Reporting Period
This Form 8-K is a current report filed by Rent-A-Center, Inc. (Note: The request metadata references "UPBOUND GROUP, INC.", but the filing text explicitly identifies the registrant as Rent-A-Center, Inc.). The report covers the Annual Meeting of Stockholders held on June 4, 2019.
Key Financial Metrics
This filing is a corporate governance report regarding stockholder voting results. It does not provide financial data such as revenue, profit, cash flow, margins, debt, or liquidity metrics.
Material Changes
There are no material financial changes reported in this document. The filing details the outcomes of three specific proposals voted upon by stockholders:
- Proposal One: Election of two Class I Directors (Harold Lewis and Carol A. McFate).
- Proposal Two: Ratification of KPMG LLP as independent auditors for the fiscal year ended December 31, 2019.
- Proposal Three: Non-binding advisory approval of executive compensation.
Guidance, Outlook, and Risks
The filing contains no management guidance, future outlook, risk factors, or discussion of contingencies. It strictly reports the final voting tallies for the Annual Meeting.
Important Facts for Investors to Verify
- Director Election Results: Harold Lewis received 40,530,174 votes for and 393,299 against. Carol A. McFate received 40,615,369 votes for and 309,864 against.
- Auditor Ratification: KPMG LLP was ratified with 44,590,434 votes for and 639,044 against.
- Executive Compensation: The advisory resolution passed with 40,387,587 votes for and 507,315 against.
- Broker Non-Votes: Approximately 4.3 million broker non-votes were recorded for the director election and executive compensation proposals.