[8-K] Sotherly Hotels Inc. Reports Material Event
Rhea-AI Filing Summary
Sotherly Hotels Inc. reported the results of its 2025 Annual Meeting of Stockholders held on November 17, 2025. Stockholders elected six directors – Maria L. Caldwell, David R. Folsom, G. Scott Gibson IV, Walter S. Robertson III, Andrew M. Sims, and Gen. Anthony C. Zinni – to serve for the ensuing year, with each nominee receiving more votes for than withheld, alongside broker non-votes.
Stockholders also ratified Cherry Bekaert LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2025, with 14,678,788 votes in favor. In an advisory vote, the Company’s executive compensation received 6,825,607 votes in favor and 1,722,551 against. In the advisory vote on frequency of future say-on-pay votes, 6,353,023 votes favored holding the vote every year, and the Company will conduct this advisory vote annually until the next frequency vote.
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FAQ
What did Sotherly Hotels Inc. (SOHO) announce in this 8-K filing?
Sotherly Hotels Inc. reported the final voting results from its 2025 Annual Meeting of Stockholders, including director elections, auditor ratification, and advisory votes on executive compensation and its frequency.
Were the director nominees elected at Sotherly Hotels Inc.’s 2025 annual meeting?
Yes. All six nominees – Maria L. Caldwell, David R. Folsom, G. Scott Gibson IV, Walter S. Robertson III, Andrew M. Sims, and Gen. Anthony C. Zinni – were elected, each receiving more votes for than withheld, with additional broker non-votes recorded.
Which auditing firm did SOHO stockholders ratify for fiscal year 2025?
Stockholders ratified Cherry Bekaert LLP as Sotherly Hotels Inc.’s independent registered public accounting firm for the fiscal year ending December 31, 2025, with 14,678,788 votes in favor, 454,466 against, and 63,502 abstentions.
How did Sotherly Hotels Inc. stockholders vote on executive compensation in 2025?
In the advisory say-on-pay vote, stockholders cast 6,825,607 votes in favor of the Company’s executive compensation, 1,722,551 against, and 22,874 abstentions, with 6,625,724 broker non-votes.
What frequency for say-on-pay votes did SOHO stockholders prefer?
Stockholders indicated a preference to hold advisory votes on executive compensation every year, with 6,353,023 votes for one year, 8,281 for two years, 2,179,355 for three years, and 30,373 abstentions. The Company will hold the say-on-pay vote annually until the next frequency vote.
Does this filing change the dividend or capital structure for Sotherly Hotels Inc. (SOHO)?
No. The disclosure focuses on governance and voting results from the annual meeting, including director elections, auditor ratification, and advisory votes, and does not describe changes to dividends or capital structure.