UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report: May 15, 2024
(Date of earliest event reported)
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | |||||||||
(Principal Executive Office)
Telephone Number: (914 ) 641-2000
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 under the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 under the Securities Exchange Act of 1934 (17 CFR 240.12b-2). Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07. Submission of Matters to a Vote of Security Holders.
On May 15, 2024, the Company held its annual meeting of shareholders (the “Annual Meeting”). There were 78,401,189 shares of common stock represented at the meeting, which was approximately 95% of the shares of common stock that were entitled to vote at the meeting. The following votes were taken at the Annual Meeting.
1. Election of Directors. At the Annual Meeting, the nine nominees whose names are set forth below were elected as directors, constituting the entire Board of Directors, to serve until the 2025 annual meeting of shareholders or until their respective successors are duly elected and qualified. Relevant voting information for each person was as follows:
| FOR | AGAINST | ABSTENTIONS | BROKER NON-VOTES | |||||||||||
| Kevin Berryman | 75,173,070 | 52,220 | 76,420 | 3,099,479 | ||||||||||
| Donald DeFosset, Jr. | 73,686,925 | 1,548,757 | 66,028 | 3,099,479 | ||||||||||
| Nazzic S. Keene | 75,160,814 | 65,354 | 75,542 | 3,099,479 | ||||||||||
| Rebecca A. McDonald | 74,037,548 | 1,202,516 | 61,646 | 3,099,479 | ||||||||||
| Christopher O'Shea | 75,176,998 | 59,341 | 65,371 | 3,099,479 | ||||||||||
| Timothy H. Powers | 74,532,743 | 702,037 | 66,930 | 3,099,479 | ||||||||||
| Luca Savi | 74,672,969 | 558,347 | 70,394 | 3,099,479 | ||||||||||
| Cheryl L. Shavers | 74,379,378 | 854,373 | 67,959 | 3,099,479 | ||||||||||
| Sharon Szafranski | 75,174,515 | 56,037 | 71,158 | 3,099,479 | ||||||||||
2. Ratification of Appointment of the Independent Registered Public Accounting Firm. The ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the 2024 fiscal year was ratified by the following vote: 77,429,451 shares for the proposal, 909,722 shares against the proposal and 62,016 shares abstaining.
3. Advisory Vote on 2023 Named Executive Officer Compensation. The proposal for approval, on an advisory basis, of the 2023 compensation of the Company’s named executive officers was approved by the following vote: 73,580,604 shares for the proposal, 1,613,737 shares against the proposal, 107,369 shares abstaining and 3,099,479 broker non-votes.
4. Shareholder Proposal Regarding Political Spending. The shareholder proposal that the Company provide additional disclosure regarding political spending was rejected by the following vote: 6,403,486 shares for the proposal, 67,264,331 shares against the proposal, 1,633,893 shares abstaining and 3,099,479 broker non-votes.
There were no other matters presented for a vote at the Annual Meeting.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ITT Inc. | |||||||||||
(Registrant) | |||||||||||
| May 16, 2024 | By: | /s/ Lori B. Marino | |||||||||
Name: | Lori B. Marino | ||||||||||
Title: | Senior Vice President, General Counsel and Secretary | ||||||||||
(Authorized Officer of Registrant) | |||||||||||