UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (date of earliest event reported):
(Exact Name of Registrant as Specified in Charter)
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(State or Other | (Commission File Number) | (IRS Employer |
(Address of Principal Executive Offices) (Zip Code)
(Former Name or Former Address, if Changed Since Last Report)
Registrant’s telephone number, including area code: (
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:
Securities registered pursuant to Section 12(b) of the Act:
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 Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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 5.07Submission of Matters to a Vote of Security Holders.
On April 24, 2024, Calavo Growers, Inc. (the “Company”) held its annual meeting of shareholders. At the meeting, the holders of the Company’s outstanding common stock acted on the following matters:
(1)The shareholders elected the following eight directors, each to serve until the next annual meeting of shareholders or until his or her successor is elected. Shareholders were entitled to cumulate their votes for directors as described in the Company’s Proxy Statement filed with the Securities and Exchange Commission on February 28, 2024 (the “Proxy Statement”). Each nominee received the following votes:
Name of Nominee |
| Votes |
| Votes |
| Broker |
Farha Aslam | 11,995,127 | 353,782 | 1,302,343 | |||
Marc L.Brown | 12,098,112 | 421,133 | 1,302,343 | |||
Michael A. DiGregorio | 12,062,400 | 320,219 | 1,302,343 | |||
Adriana Mendizabal | 11,747,270 | 601,639 | 1,302,343 | |||
James D. Helin | 12,160,329 | 399,092 | 1,302,343 | |||
Steven Hollister | 11,971,754 | 429,129 | 1,302,343 | |||
Kathleen M. Holmgren | 12,020,588 | 329,959 | 1,302,343 | |||
J. Link Leavens | 14,203,721 | 871,562 | 1,302,343 |
(2)The shareholders ratified of the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for fiscal year 2024. Votes cast were as follows:
For |
| 13,501,697 |
Against | 42,971 | |
Abstain | 508,359 | |
Broker Non-Votes | 0 |
(3)The shareholders approved, on an advisory and non-binding basis, the compensation of the Company’s named executive officers as disclosed in the Proxy Statement. Votes cast were as follows:
For |
| 11,825,514 |
Against | 410,353 | |
Abstain | 514,817 | |
Broker Non-Votes | 1,302,343 |
(4)The shareholders voted on an advisory basis on the frequency of holding future shareholder advisory votes on executive compensation. Votes cast were as follows:
Every 1 Year |
| 11,731,365 |
Every 2 Years | 27,278 | |
Every 3 Years | 506,249 | |
Abstain | 485,792 | |
Broker Non-Votes | 1,302,343 |
Based upon the results of this shareholder advisory vote, the Board of Directors of the Company has determined to follow the shareholders’ recommendation and to include in future proxy statements an annual shareholder advisory vote on the compensation of the Company’s named executive officers until the next required vote on the frequency of shareholder advisory votes on executive compensation.
2
SIGNATURE
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.
| Calavo Growers, Inc. | ||
April 26, 2024 | |||
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By: | /s/ Lecil E. Cole | ||
Lecil E. Cole | |||
Chief Executive Officer | |||
(Principal Executive Officer) | |||
3
Document and Entity Information |
Apr. 24, 2024 |
|---|---|
| Document and Entity Information | |
| Document Type | 8-K |
| Document Period End Date | Apr. 24, 2024 |
| Entity Registrant Name | CALAVO GROWERS, INC. |
| Entity Incorporation, State or Country Code | CA |
| Entity File Number | 000-33385 |
| Entity Tax Identification Number | 33-0945304 |
| Entity Address, Address Line One | 1141-A Cummings Road |
| Entity Address, City or Town | Santa Paula |
| Entity Central Index Key | 0001133470 |
| Entity Address, State or Province | CA |
| Entity Address, Postal Zip Code | 93060 |
| City Area Code | 805 |
| Local Phone Number | 525-1245 |
| Written Communications | false |
| Soliciting Material | false |
| Pre-commencement Tender Offer | false |
| Pre-commencement Issuer Tender Offer | false |
| Title of 12(b) Security | Common Stock |
| Trading Symbol | CVGW |
| Security Exchange Name | NASDAQ |
| Entity Emerging Growth Company | false |
| Amendment Flag | false |
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