Highwater Ethanol (HEOL) members back three governors in 2026 vote

Rhea-AI Filing Summary

Highwater Ethanol, LLC held its 2026 annual members' meeting on March 5, 2026 to elect three governors whose terms were expiring in 2026. Members voted on a single proposal to elect David Eis, William Garth, and David Moldan to new terms.

All three nominees were elected by plurality vote to serve as governors until 2029. Vote totals were 1,812 for and 6 abstentions/withheld for Eis; 1,671 for and 147 abstentions/withheld for Garth; and 1,721 for and 97 abstentions/withheld for Moldan, confirming continuity in the company's board leadership.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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): March 5, 2026

HIGHWATER ETHANOL, LLC
(Exact name of registrant as specified in its charter)
Minnesota			333-137482						20-4798531
(State or other jurisdiction of incorporation or organization)			(Commission File Number)						(I.R.S. Employer Identification No.)

24500 US HWY 14, PO Box 96, Lamberton, MN, 56152

(Address of principal executive offices)

(507) 752-6160

(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 (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: None

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. o

Item 5.07. Submission of Matters to a Vote of Security Holders.

Results of 2026 Annual Members' Meeting

    On March 5, 2026, Highwater Ethanol, LLC held its 2026 annual members' meeting to vote on the election of three governors whose terms were scheduled to expire in 2026.

Proposal: Election of Three Governors

    David Eis, William Garth and David Moldan were elected by a plurality vote of the members to serve terms which will expire in 2029. The votes for the nominees were as follows:

Nominee Governors			For			Abstentions/Withheld
David Eis			1,812			6
William Garth			1,671			147
David Moldan			1,721			97

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.

			HIGHWATER ETHANOL, LLC
Date: March 6, 2026			/s/ Brian Kletscher
			Brian Kletscher, Chief Executive Officer

FAQ

What did Highwater Ethanol (HEOL) report in its latest 8-K?

Highwater Ethanol reported the results of its 2026 annual members' meeting. Members voted on electing three governors whose terms were expiring, and all three nominees were elected by plurality vote to serve new terms expiring in 2029, maintaining board continuity.

Which governors were elected at Highwater Ethanol’s 2026 annual meeting?

Members elected David Eis, William Garth, and David Moldan as governors. Each was chosen by a plurality vote to serve a new term expiring in 2029, confirming their continued roles in overseeing Highwater Ethanol’s governance and strategic direction on behalf of members.

How did Highwater Ethanol (HEOL) members vote for the governor nominees?

Members cast separate votes for each nominee. David Eis received 1,812 votes for and 6 abstentions/withheld, William Garth received 1,671 for and 147 abstentions/withheld, and David Moldan received 1,721 for and 97 abstentions/withheld, resulting in all three being elected.

When will the newly elected Highwater Ethanol governors’ terms expire?

The terms for governors David Eis, William Garth, and David Moldan will expire in 2029. They were elected at the March 5, 2026 annual members' meeting, providing a multi-year governance horizon and continuity on Highwater Ethanol’s board for the current term.

Did Highwater Ethanol’s 8-K include any financial or transaction updates?

The 8-K focused solely on governance matters from the 2026 annual members' meeting. It reported the election results for three governors and their vote counts, without disclosing new financial results, major transactions, or strategic corporate actions in this particular filing.

Filing Exhibits & Attachments

3 documents

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