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 12, 2024 (July 10, 2024)
EDUCATIONAL DEVELOPMENT CORPORATION
(Exact name of registrant as specified in its charter)
| Delaware | 000-04957 | 73-0750007 |
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S Employer Identification No.) |
5402 S 122nd E Avenue, Tulsa, Oklahoma 74146
(Address of principal executive offices and Zip Code)
(918) 622-4522
(Registrant’s telephone number, including area code)
(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 (see General Instruction A.2. below):
| ☐ | 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:
| Common Stock, $.20 par value | EDUC | NASDAQ |
| (Title of class) | (Trading symbol) | (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.
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☐
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Item 5.07 Submission of Matters to a Vote of Security Holders
At the annual meeting of stockholders of the Company held on July 10, 2024, the following actions took place:
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1.
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Election of two Class II Directors. The Company’s stockholders reelected Craig M. White and Dr. Kara Gae Neal as Class II Directors of the Company each for a three-year term based on the following votes:
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Nominee
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For
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Against
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Withheld
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Broker Non-Votes
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Craig M. White
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4,683,888
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0
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473,057
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1,637,825
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Dr. Kara Gae Neal
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4,967,956
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0
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188,989
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1,637,825
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2.
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Ratification of Independent Registered Public Accounting Firm. The Company’s stockholders approved the ratification of the appointment of HoganTaylor LLP as the independent public accounting firm for the Company for the year ending February 28, 2025, based on the following votes:
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For
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Against
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Abstain/Withheld
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Broker Non-Votes
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6,559,531
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19,976
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215,263
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0
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3.
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Compensation of our name executive officers. Approval, on an advisory basis, based on the following votes:
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For
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Against
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Abstain/Withheld
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Broker Non-Votes
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5,066,150
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50,516
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40,279
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1,637,825
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SIGNATURE
Pursuant to the requirements of the Exchange Act, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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EDUCATIONAL DEVELOPMENT CORPORATION
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Date:
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August 12, 2024
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By: /s/ Dan E. O’Keefe
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Dan E. O’Keefe
Chief Financial Officer
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false
0000031667
0000031667
2024-07-10
2024-07-10