Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders held by Mammoth Energy Services, Inc. on June 7, 2023. The meeting took place at the company's principal executive offices in Oklahoma City, Oklahoma.
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 results.
Material Changes and Voting Results
Stockholders voted on three proposals. The results are summarized below:
- Proposal 1 (Election of Directors): Six nominees were elected to serve until the 2024 Annual Meeting.
- Arthur Amron: 35,007,229 For; 250,774 Against.
- Corey Booker: 34,341,475 For; 914,914 Against.
- Paul Jacobi: 34,509,960 For; 748,043 Against.
- James Palm: 29,020,589 For; 6,237,192 Against (Highest opposition).
- Arthur Smith: 34,613,308 For; 640,273 Against.
- Arty Straehla: 35,115,220 For; 142,733 Against.
- Proposal 2 (Advisory Executive Compensation): Approved.
- For: 34,864,124
- Against: 399,111
- Proposal 3 (Ratification of Auditors): Grant Thornton LLP was ratified as independent auditors for the fiscal year ending December 31, 2023.
- For: 41,274,193
- Against: 48,057
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the specific reasons for the higher "Against" votes cast for director nominee James Palm compared to other nominees.
- Review the definitive proxy statement filed on April 25, 2023, for detailed descriptions of the proposals and director biographies.
- Confirm the total number of shares outstanding to calculate the percentage of votes cast versus total shares.