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National Presto (NYSE: NPK) reports director re-elections, new VP of Engineering and product updates

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

National Presto Industries, Inc. updated its corporate governance and leadership and reported results from its recent annual stockholder meeting. The board amended and restated the company’s by-laws, effective immediately upon adoption.

Stockholders re-elected two directors to new three-year terms, ratified RSM US LLP as independent auditor for the year ending December 31, 2026, and approved executive compensation on an advisory basis. The company appointed Shane A. Straw, Sr. as Vice President of Engineering and adjusted its strategy for sourcing Housewares/Small Appliance products, focusing on placing new products outside China rather than relocating all existing production. New fire extinguishers and brackets in the Safety segment and new canners and a restyled heater in the Housewares/Small Appliance segment were also highlighted.

Positive

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Negative

  • None.
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year Governance
The company amended its charter documents, bylaws, or changed its fiscal year.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Director vote – Randy F. Lieble 4,748,721 for; 857,441 withheld; 495,307 broker non-votes Election to three-year term ending 2029 annual meeting
Director vote – Joseph G. Stienessen 3,769,951 for; 1,836,211 withheld; 495,307 broker non-votes Election to three-year term ending 2029 annual meeting
Auditor ratification vote 6,093,675 for; 4,585 against; 3,209 abstain RSM US LLP for fiscal year ending December 31, 2026
Say-on-pay vote 5,464,831 for; 131,988 against; 9,343 abstain; 495,307 broker non-votes Advisory executive compensation approval
Rely FX fire extinguishers 10 extinguishers and 4 heavy-duty brackets Safety segment product line displayed to stockholders
Dry chemical extinguisher sizes 8 units from 4 to 20 pounds U.S.-made aluminum-cylinder extinguishers in Safety segment
Digital pressure canner sizes 16-quart and 23-quart Housewares/Small Appliance segment products
Boiling water bath canner size 30-quart Housewares/Small Appliance canner doubling as stock pot
independent registered public accounting firm financial
"Stockholders ratified the appointment of RSM US LLP as the independent registered public accounting firm of the Company"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
advisory (Non-Binding) Vote on Executive Compensation financial
"Proposal 3 – Advisory (Non-Binding) Vote on Executive Compensation Stockholders approved"
Policy Statement Regarding Insider Trading regulatory
"the Board adopted certain modifications to the Company’s policy on insider trading. A copy of the Policy Statement Regarding Insider Trading is attached"
Mil-Spec approval technical
"The units have been submitted for Mil-Spec approval, surviving shock and vibration impacts up to 200g forces."
forward looking statements regulatory
"This release contains “forward looking statements” made pursuant to the safe harbor provision"
Statements about a company’s expected future performance, plans, goals, or projections that are not historical facts and involve assumptions and estimates. Investors care because these are predictions that guide decisions but can be wrong; like a weather forecast, they help set expectations and risk — if circumstances change, actual results may differ significantly, so investors should weigh them alongside hard data and risk factors.
per- and polyfluoroalkyl substances (PFAS) technical
"Fluorine foams have been banned in many jurisdictions due to health and environmental concerns related to per- and polyfluoroalkyl substances (PFAS)."
Understanding 8-K Material Events →
false 0000080172 0000080172 2026-05-19 2026-05-19
 
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): May 19, 2026
 
NATIONAL PRESTO INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
 
Wisconsin
  
1-2451
  
39-0494170
(State or Other Jurisdiction
of Incorporation)
  
(Commission File Number)
  
(I.R.S. Employer
Identification No.)
 
3925 North Hastings Way
Eau Claire, Wisconsin 54703-3703
(Address of Principal Executive Offices) (Zip Code)
 
(715) 839-2121
(Registrant’s telephone number, including area code)
 
N/A
(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:
 
☐
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 1.00 per share
  
NPK
  
New York Stock Exchange
 
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 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
 
On May 19, 2026, the Board of Directors (the “Board”) of National Presto Industries, Inc. (the “Company”) approved amendments to the Company’s by-laws. The By-Laws as amended and restated as of May 19, 2026 (the “By-Laws”) became effective immediately upon adoption. The amendments:
 
 
●
revise the advance notice provisions in Section 2.13, including to add (i) enhanced information requirements and representations for stockholders proposing business and/or director nominations and (ii) address matters relating to the SEC’s universal proxy rules under Rule 14a-19;
 
 
●
permit the Company to hold meetings of stockholders by remote communication;
 
 
●
permit the Board to adopt, or the chair of any meeting of stockholders to prescribe, rules and regulations for the conduct of the meetings of stockholders; and
 
 
●
make certain other ministerial, modernizing and conforming changes.
 
The foregoing description of the amendments to the By-Laws does not purport to be complete and is qualified in its entirety by reference to the full text of the Bylaws, a copy of which is filed as Exhibit 3.1 hereto and incorporated herein by reference.
 
Item 5.07 Submission of Matters to a Vote of Security Holders.
 
On May 19, 2026, the Company held its Annual Meeting of Stockholders. At the Annual Meeting, the Company’s stockholders voted on the 3 proposals set forth below, each of which is described in greater detail in the Company’s Proxy Statement. The final voting results for each proposal are set forth below. A press release regarding the outcome of the votes of stockholders is attached hereto as Exhibit 99.1.
 
Proposal 1 - Election of directors
 
Stockholders re-elected Randy F. Lieble and Joseph G. Stienessen as directors of the Company, each to serve a three-year term expiring at the 2029 Annual Meeting of Stockholders or until their successors are duly elected and qualified. The voting results with respect to this proposal were as follows:
 
Name
  
For
  
Withheld
  
Broker Non-Votes
Randy F. Lieble
  
4,748,721
  
857,441
  
495,307
Joseph G. Stienessen
  
3,769,951
  
1,836,211
  
495,307
 
 
Proposal 2 - Ratification of the Appointment of Independent Registered Public Accounting Firm
 
Stockholders ratified the appointment of RSM US LLP as the independent registered public accounting firm of the Company for fiscal year ending December 31, 2026. The voting results with respect to this proposal were as follows:
 
   
For
  
Against
  
Abstain
  
Broker Non-Votes
   
6,093,675
  
4,585
  
3,209
  
0
 
 
 
 
Proposal 3 – Advisory (Non-Binding) Vote on Executive Compensation
 
Stockholders approved, on a non-binding advisory basis, the compensation of our named executive officers. The voting results with respect to this proposal were as follows:
 
   
For
  
Against
  
Abstain
  
Broker Non-Votes
   
5,464,831
  
131,988
  
9,343
  
495,307
 
 
Item 8.01 Other Events.
 
As previously reported on a Current Report on Form 8-K filed on March 4, 2026, the Company announced that Jeff Morgan would retire as Vice President of Engineering as of April 30, 2026. On May 19, 2026, the Company appointed Shane A. Straw, Sr., 55, as its new Vice President of Engineering effective May 19, 2026.
 
On May 19, 2026, the Board adopted certain modifications to the Company’s policy on insider trading. A copy of the Policy Statement Regarding Insider Trading is attached as Exhibit 19.1 and is incorporated herein by reference.
 
Item 9.01 Financial Statements and Exhibits.
 
(d) Exhibits.
 
Exhibit No.
Description
3.1
By-Laws of National Presto Industries, Inc. as amended and restated May 19, 2026
19.1
Policy Statement Regarding Insider Trading (updated May 2026)
99.1
Press release dated May 20, 2026
104
Cover Page Interactive Data File (embedded within the Inline XBRL document)
 
 
 
 
 
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.
 
 
NATIONAL PRESTO INDUSTRIES, INC.
     
Date: May 21, 2026
By:
/s/ Maryjo Cohen
   
Maryjo Cohen
   
President and Chief Executive Officer
 
 
 

Exhibit 99.1

 

 

NEWS RELEASE

CONTACT: David Peuse

FOR IMMEDIATE RELEASE

(715) 839-2146

 

NATIONAL PRESTO INDUSTRIES, INC. ANNOUNCES ELECTION OF DIRECTORS AT ITS ANNUAL STOCKHOLDER MEETING AND THE BOARD’S ELECTION OF SHANE STRAW AS ITS VICE PRESIDENT OF ENGINEERING

 

Eau Claire, Wisconsin (May 20, 2026) – The stockholders of National Presto Industries, Inc. (NYSE: NPK) re-elected Randy F. Lieble and Joseph G. Stienessen to new three-year terms as directors at the May 19, 2026, annual stockholders meeting. The stockholders also ratified the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2026, and in a non-binding vote, the stockholders approved the compensation of the Company’s named executive officers. During the meeting, Maryjo Cohen, President and CEO, revealed a change in strategy with respect to its sourcing of Housewares/Small Electric appliances. Rather than attempting to move all products from China to other countries, the segment would instead focus on the placement of new products in other jurisdictions. Finally, during the meeting, new Safety and Housewares segment products were introduced to the stockholders. Both sets of products are described below.

 

During the Board meeting, the directors elected Shane Straw, Sr. as the Vice President of Engineering. Mr. Straw had been the Housewares/Small Appliance segment’s Director of Engineering since July 2025. Prior to joining Presto, he was the Executive Director of Engineering at Springs Windows Fashion in Madison, WI, and successively at Lippert Automotive in Eau Claire, WI, Director – Engineering and Supplier Quality, Director – Manufacturing Engineering and Quality, Director – Engineering and Testing, Director of Production. In commenting on Mr. Straw’s new position, Ms. Cohen stated, “Shane Straw’s background in all aspects of consumer products including innovation, quality control, manufacturing, and sourcing make him the ideal candidate for his new role. Presto is fortunate to have him on our team.”

 

The Safety segment displayed the ten Rely FX™ fire extinguishers and four heavy-duty brackets officially announced on May 1. Eight of the ten extinguishers are dry chemical extinguishers in sizes ranging from four to twenty pounds, all of which are made in the U.S.A. The dry chemical extinguishers use an aluminum cylinder instead of the traditional steel, providing a corrosion-resistant shell that does not rust. Features include a reduced maintenance schedule and extra firefighting capability, e.g., a 20-pound unit has the same rating as a traditional 30-pound extinguisher. In addition to the dry chemical units, the line includes a water/loaded stream unit and one unit that is the first UL listed extinguisher that incorporates a Fluorine-free foam. Foam extinguishers are the preferred method of putting out liquid fuel fires. Fluorine foams have been banned in many jurisdictions due to health and environmental concerns related to per- and polyfluoroalkyl substances (PFAS). There are two brackets for 20-pound extinguishers and one each for the four-pound and ten-pound units. Each is heavy duty. The units have been submitted for Mil-Spec approval, surviving shock and vibration impacts up to 200g forces.

 

The Housewares/Small Appliance products shown included 16- and 23-quart digital pressure canners and a 30-quart boiling water bath canner that doubles as a stock pot for steaming vegetables and seafood and keeping beverages warm. Each product simplifies and largely automates the canning process, so USDA Safe Canning Guidelines are met. Finally, the segment’s restyled HeatDish® Plus parabolic heater was shown. Like its predecessors, the heater uses 1/3 the energy yet provides heat that feels three times as warm as a standard 1500-watt heater.

 

National Presto Industries, Inc. operates in three business segments. The Housewares/Small Appliance segment designs and sells small household appliances and pressure cookers under the PRESTO® brand name. The segment is recognized as an innovator of new products. The Defense segment manufactures a variety of products, including medium caliber training and tactical ammunition, energetic ordnance items, fuzes, cartridge cases, and metal parts. The Safety segment offers smoke and carbon monoxide alarms and commercial fire extinguishers.

 

This release contains “forward looking statements” made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 that are subject to certain risks and uncertainties, as well as assumptions, which could cause actual results to differ materially from historical results and those presently anticipated or projected. In addition to the factors discussed above, other important risk factors are delineated in the Company’s various SEC filings.

 

1

Source: View Original Filing on SEC EDGAR

FAQ

What governance changes did National Presto (NPK) announce in this 8-K?

National Presto’s board approved amended and restated by-laws effective May 19, 2026. The filing notes that the description is qualified by the full by-laws text, filed as Exhibit 3.1, which now governs the company’s internal corporate procedures and board-related matters.

What were the key voting results at National Presto’s 2026 annual meeting?

Stockholders re-elected two directors, ratified the auditor, and approved executive pay. Votes included 4,748,721 for Randy F. Lieble and 3,769,951 for Joseph G. Stienessen, plus strong support for RSM US LLP and the non-binding executive compensation proposal.

Who was elected to National Presto (NPK)’s board at the 2026 meeting?

Randy F. Lieble and Joseph G. Stienessen were re-elected as directors. Each will serve a three-year term expiring at the 2029 annual meeting, or until a successor is duly elected and qualified, providing continuity on National Presto’s board of directors.

What leadership change did National Presto (NPK) disclose for engineering?

National Presto appointed Shane A. Straw, Sr., 55, as Vice President of Engineering. Effective May 19, 2026, he moves up from Director of Engineering for the Housewares/Small Appliance segment, bringing prior executive engineering experience at Springs Windows Fashion and Lippert Automotive.

How is National Presto changing its Housewares/Small Appliance sourcing strategy?

The company shifted strategy from moving all products out of China to focusing new products elsewhere. Management stated they will emphasize placing new Housewares/Small Electric products in other jurisdictions, rather than relocating the entire existing product portfolio.

What new Safety and Housewares products did National Presto highlight?

The Safety segment showed ten Rely FX fire extinguishers and four heavy-duty brackets. Housewares highlighted new digital pressure canners, a 30-quart boiling water bath canner that doubles as a stock pot, and a restyled HeatDish Plus parabolic heater.

Filing Exhibits & Attachments

7 documents

Press Releases

Other Documents