Shareholders at Superior Group (NASDAQ: SGC) reelect board, approve auditor
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Superior Group of Companies, Inc. held its Annual Meeting of Shareholders on May 7, 2026. Of the 15,704,912 shares outstanding and entitled to vote, 13,718,077 shares were represented in person or by proxy, indicating strong participation.
Shareholders elected all seven director nominees, including Michael Benstock, Paul Mellini, Todd Siegel, Michael Koempel, Andrew D. Demott Jr., Susan Lattmann and Loreen Spencer. Each nominee received more votes "For" than "Against."
Investors also approved the ratification of Grant Thornton LLP as the company’s independent registered public accounting firm for the year ending December 31, 2026, with 13,676,626 votes "For," 22,681 "Against" and 18,770 "Abstain," and no broker non-votes.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
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.
Key Figures
Shares outstanding entitled to vote: 15,704,912 shares
Shares represented at meeting: 13,718,077 shares
Votes for auditor ratification: 13,676,626 votes
+3 more
6 metrics
Shares outstanding entitled to vote
15,704,912 shares
Outstanding and entitled to vote at the annual meeting
Shares represented at meeting
13,718,077 shares
Present in person or by proxy at the annual meeting
Votes for auditor ratification
13,676,626 votes
Votes "For" ratifying Grant Thornton LLP for year ending December 31, 2026
Votes against auditor ratification
22,681 votes
Votes "Against" ratifying Grant Thornton LLP
Votes for Michael Benstock
11,146,344 votes
Votes "For" election of director nominee Michael Benstock
Votes for Loreen Spencer
11,208,505 votes
Votes "For" election of director nominee Loreen Spencer
Key Terms
Broker Non-Votes, independent registered public accounting firm, Annual Meeting of Shareholders, Abstain, +1 more
5 terms
Broker Non-Votes financial
"Nominee | For | Against | Abstain | Broker Non-Votes"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
independent registered public accounting firm financial
"Ratification of Grant Thornton LLP as the Company’s independent registered public accounting firm"
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.
Abstain financial
"For | Against | Abstain | Broker Non-Votes"
Common Stock financial
"Title of each class | Trading Symbol(s) | Name of each exchange on which registered Common Stock | SGC"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
Were all director nominees elected at Superior Group of Companies’ 2026 annual meeting?
Yes, all seven director nominees were elected by shareholders. Each nominee, including Michael Benstock and Susan Lattmann, received more "For" votes than "Against," with additional abstentions and broker non-votes recorded for each candidate.
How many votes did Michael Benstock receive in the Superior Group of Companies (SGC) director election?
Michael Benstock received 11,146,344 votes "For" in his election as director. The tally also showed 242,093 votes "Against," 18,165 abstentions and 2,311,475 broker non-votes recorded for his nomination.
What does a broker non-vote mean in the Superior Group of Companies (SGC) director elections?
A broker non-vote occurs when a broker does not vote shares on non-routine items. In the director elections, millions of broker non-votes were recorded, reflecting shares present but not voted on specific proposals by beneficial owners.