0001171843-23-005524.txt : 20230901 0001171843-23-005524.hdr.sgml : 20230901 20230901113920 ACCESSION NUMBER: 0001171843-23-005524 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20230829 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20230901 DATE AS OF CHANGE: 20230901 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAS CARMART INC CENTRAL INDEX KEY: 0000799850 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] IRS NUMBER: 630851141 STATE OF INCORPORATION: TX FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-14939 FILM NUMBER: 231231371 BUSINESS ADDRESS: STREET 1: 1805 NORTH 2ND STREET STREET 2: SUITE 401 CITY: ROGERS STATE: AR ZIP: 72756 BUSINESS PHONE: (479) 464-9944 MAIL ADDRESS: STREET 1: 1805 NORTH 2ND STREET STREET 2: SUITE 401 CITY: ROGERS STATE: AR ZIP: 72756 FORMER COMPANY: FORMER CONFORMED NAME: CROWN GROUP INC /TX/ DATE OF NAME CHANGE: 19971022 FORMER COMPANY: FORMER CONFORMED NAME: CROWN CASINO CORP DATE OF NAME CHANGE: 19931104 FORMER COMPANY: FORMER CONFORMED NAME: SKYLINK AMERICA INC DATE OF NAME CHANGE: 19920703 8-K 1 f8k_090123.htm FORM 8-K
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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 (Date of earliest event reported): August 29, 2023

 

 

AMERICA’S CAR-MART, INC.

(Exact name of registrant as specified in its charter)

 

Texas 0-14939 63-0851141
(State or other jurisdiction of incorporation) (Commission file number) (I.R.S. Employer Identification No.)

 

1805 North 2nd Street, Suite 401, Rogers, Arkansas 72756

(Address of principal executive offices, including zip code)

 

(479) 464-9944

(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:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

   

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, par value $0.01 per share CRMT NASDAQ Global Select Market

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of 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 5.07Submission of Matters to a Vote of Security Holders

 

The 2023 annual meeting of stockholders of America’s Car-Mart, Inc. (the “Company”) was held on August 29, 2023. The record date for such meeting was July 6, 2023 on which date there were a total of 6,561,737 shares of common stock outstanding and entitled to vote. The following matters were voted upon by the Company’s stockholders at the annual meeting. The numbers of votes cast for, against or withheld as well as the number of abstentions and broker non-votes, for each of these matters are set forth below.

 

1.  To elect directors for a term of one year:    
    Votes For  

Votes

Against

 

Votes

Abstained

 

Broker

Non-Votes

Ann G. Bordelon   4,721,450   17,578   2,975   1,123,405
Julia K. Davis   4,721,366   17,662   2,975   1,123,405
Daniel J. Englander   4,654,815   83,442   3,746   1,123,405
William H. Henderson   4,718,627   19,123   4,253   1,123,405
Dawn C. Morris   4,709,139   29,896   2,968   1,123,405
Joshua G. Welch   4,714,525   23,732   3,746   1,123,405
Jeffrey A. Williams   4,719,280   18,977   3,746   1,123,405

 

2.  To approve an advisory resolution regarding the Company's compensation of its named executive officers.

Votes For   4,646,118            
Votes Against   65,399            
Votes Abstained   30,486            
Broker Non-Votes   1,123,405            

 

3.  To approve an advisory resolution to determine the frequency with which the stockholders will consider and approve an advisory vote on the Company's compensation of its named executive officers.

Every Year   4,576,669            
Two Years   632            
Three Years   136,609            
Votes Abstained   28,093            
Broker Non-Votes   1,123,405            

 

4.  To ratify the selection of Grant Thornton LLP as the independent registered public accounting firm for the fiscal year ending April 30, 2024.

Votes For   5,809,115            
Votes Against   28,157            
Votes Abstained   28,136            
Broker Non-Votes   0            

 

No additional business or other matters came before the meeting or any adjournment thereof.

 

After consideration of the stockholder vote regarding the frequency of stockholder advisory votes on executive officer compensation, our Board of Directors has determined that the Company shall hold future stockholder advisory votes on named executive officer compensation every year until the next vote on frequency, which will be no later than the Company’s annual meeting of stockholders in 2029.

 

 

 

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.

 

 

  America’s Car-Mart, Inc.  
     
Date:  September 1, 2023 /s/ Vickie D. Judy  
  Vickie D. Judy
  Chief Financial Officer
  (Principal Financial Officer)

 

 

 

 

 

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