Amcon Dist Co SEC Filings

AMCON Distributing Company (DIT) has called its annual stockholder meeting for December 18, 2025 in Omaha. Holders of 650,709 shares of common stock outstanding as of November 4, 2025 may vote on four proposals: electing six directors for one-year terms, ratifying RSM US LLP as independent auditor for fiscal 2026, approving an advisory vote on executive compensation, and choosing how often to hold future say-on-pay votes, where the board recommends every three years.

Board leadership combines CEO and Chair roles under Christopher H. Atayan, with a lead independent director and fully independent key committees. Atayan beneficially owns 426,113 shares, or 65.48% of outstanding stock, while all directors and executive officers as a group hold 74.43%. Executive pay blends salary, performance-based cash bonuses and time-vested restricted stock; in fiscal 2025, reported compensation totaled $3.6 million for the CEO, $1.3 million for the President/COO and $0.7 million for the CFO. The proxy also outlines change-in-control severance protections, director cash fees, equity incentive plan capacity and the audit committee’s oversight of RSM’s audit and non-audit services.

AMCON Distributing Company (DIT) filed its annual report, detailing fiscal 2025 performance and capital actions. Sales reached $2,816.7 million, up $105.7 million year over year, with gross profit of $188.2 million (6.7% margin). Operating income was $12.6 million and net income available to common shareholders was $0.6 million. Interest expense was $10.4 million.

The Wholesale segment delivered $2,772.2 million in sales and $171.8 million in gross profit; Retail posted $44.5 million in sales and $16.4 million in gross profit. Management cited price increases from cigarette manufacturers, acquisitions, and growth in other product categories as key drivers, partially offset by lower cigarette carton volumes.

AMCON acquired Arrowrock Supply and opened a new distribution center in Colorado, expanding its footprint. The company repurchased 9,853 shares for about $1.1 million and paid dividends totaling $0.6 million ($1.00 per share). Liquidity remained supported by combined credit facilities with a $230.3 million credit limit at period end; $126.8 million was outstanding with $103.5 million available, at an average rate of 5.73%. As of November 6, 2025, 650,709 common shares were outstanding.

AMCON Distributing (DIT) reported an insider equity award. The company’s VP, CFO & Secretary acquired 1,050 shares of common stock on 10/28/2025 at $0 per share, reported as a restricted stock award. Following the transaction, the officer beneficially owns 8,850 shares directly.

The filing states these Restricted Stock Awards vest in three equal installments on October 28, 2026, October 28, 2027, and October 28, 2028, subject to earlier forfeiture under certain circumstances.

AMCON Distributing (DIT) reported a Form 4 for CEO and Chairman Christopher H. Atayan, also a Director and 10% owner. On October 28, 2025, he acquired 9,900 shares of common stock at $0, reflecting a restricted stock award. Following the grant, his directly held shares total 426,113.

The RSAs vest in three equal installments on October 28, 2026, October 28, 2027, and October 28, 2028, subject to earlier forfeiture under certain circumstances.

AMCON Distributing (DIT) President and COO, also a Director, reported an acquisition of 2,050 shares of common stock on 10/28/2025 via a restricted stock award at $0 per share. The RSAs vest in three equal installments on October 28, 2026, October 28, 2027, and October 28, 2028, subject to earlier forfeiture under certain circumstances. Following this grant, the reporting person directly owns 40,209 shares.