Universal Safety Products (NYSE: UUU) holders back 3-year pay votes

Rhea-AI Filing Summary

Universal Safety Products, Inc. held its 2026 annual stockholder meeting, where investors elected three directors and approved all four proposals on the ballot. Stockholders elected one Class II director to a term ending in 2028 and two Class III directors to terms ending in 2029.

They ratified CBIZ CPAs P.C. as independent auditor for the fiscal year ending March 31, 2026 and approved, on an advisory basis, the compensation of named executive officers. Stockholders also favored holding future advisory votes on executive pay every three years, and the company chose to follow this three-year frequency.

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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):  March 27, 2026

UNIVERSAL SAFETY PRODUCTS, INC. 

(Exact name of registrant as specified in its charter)

Maryland	001-31747	52-0898545
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification No.)

11407 Cronhill Drive, Suite A, Owings Mills, Maryland 21117

(Address of principal executive offices) (Zip Code)

(410) 363-3000

(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:

¨	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, $0.01 par value		UUU		NYSE American

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 5.07 Submission of Matters to a Vote of Security Holders.

On March 27, 2026, Universal Safety Products, Inc., a Maryland corporation (the “Company”) held its 2026 annual meeting of stockholders (the “Meeting”). As of February 24, 2026, the record date for the Meeting, the Company had outstanding and entitled to vote 2,717,787 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), which constitutes all of the outstanding voting capital stock of the Company.

At the Meeting, the stockholders voted on four proposals, each of which is described in more detail in the Company’s definitive proxy statement on Schedule 14A filed with the U.S. Securities and Exchange Commission on February 24, 2026. At the Meeting, stockholders appointed three (3) directors, and approved proposals 2, 3 and 4, each of which were presented for a vote. The tables below set forth the number of votes cast for and against or withheld, and the number of abstentions or broker non-votes, for each matter voted upon by the Company’s stockholders.

Proposal One: The election of one (1) Class II director nominee named by the Company to hold office for a term of two (2) years until the annual meeting of stockholders to be held in 2028.

		For		Against		Abstain		Broker Non-Votes
Ira F. Bormel		736,173		80,519		41,856		586,187

The election of two (2) Class III director nominees named by the Company to hold office for a term of three (3) years until the annual meeting of stockholders to be held in 2029.

		For		Against		Abstain		Broker Non-Votes
Harvey B. Grossblatt		792,783		62,703		3,062		586,187
Henry C.W. Nisser		853,679		4,205		664		586,187

Proposal Two: The ratification of CBIZ CPAs P.C., as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2026.

For		Against		Abstain		Broker Non-Votes
1,361,691		50,957		32,045		42

Proposal Three: Approval of, on a non-binding advisory basis, the compensation of our named executive officers.

For		Against		Abstain		Broker Non-Votes
741,119		115,107		2,322		586,187

Proposal Four: Approval of, on a non-binding advisory basis, the frequency of advisory approval of the compensation of our named executive officers.

3 Years		2 Years		1 Year		Abstain		Broker Non-Votes
695,035		1,201		156,990		5,364		586,145

Following the Company’s receipt of the voting results on Proposal Four, the Company has determined to proceed with a frequency for voting on executive compensation of every three years.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits:

Exhibit No.		Description
101		Pursuant to Rule 406 of Regulation S-T, the cover page is formatted in Inline XBRL (Inline eXtensible Business Reporting Language).
104		Cover Page Interactive Data File (embedded within the Inline XBRL document and included in Exhibit 101).

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.

	UNIVERSAL SAFETY PRODUCTS, INC.
Dated: March 27, 2026	/s/ Harvey B. Grossblatt
	Harvey B. Grossblatt
	President and Chief Executive Officer

FAQ

What did Universal Safety Products (UUU) stockholders vote on at the 2026 annual meeting?

Stockholders voted on electing three directors, ratifying the independent auditor, approving executive compensation on an advisory basis, and choosing how often to hold future advisory votes on pay. All four proposals received sufficient support to be approved.

Which directors were elected at Universal Safety Products’ 2026 annual meeting?

Investors elected Ira F. Bormel as a Class II director for a term ending in 2028, and Harvey B. Grossblatt and Henry C.W. Nisser as Class III directors for terms ending in 2029. Each director received more votes “for” than “against.”

Did Universal Safety Products (UUU) stockholders approve the company’s auditor for fiscal 2026?

Yes, stockholders ratified CBIZ CPAs P.C. as Universal Safety Products’ independent registered public accounting firm for the fiscal year ending March 31, 2026. The proposal received 1,361,691 votes for, 50,957 against, 32,045 abstentions, and 42 broker non-votes.

How did Universal Safety Products investors vote on executive compensation (say-on-pay)?

On a non-binding advisory basis, stockholders approved the compensation of named executive officers with 741,119 votes for, 115,107 against, 2,322 abstentions and 586,187 broker non-votes. This indicates general support for the company’s current executive pay programs.

What frequency for say-on-pay votes did Universal Safety Products (UUU) investors prefer?

Stockholders favored holding advisory votes on executive compensation every three years, with 695,035 votes for three years, 1,201 for two years, 156,990 for one year, 5,364 abstentions, and 586,145 broker non-votes. The company decided to adopt the three-year frequency.

How many Universal Safety Products shares were eligible to vote at the 2026 meeting?

As of February 24, 2026, the record date, 2,717,787 shares of Universal Safety Products’ common stock were outstanding and entitled to vote. These shares represented all of the company’s outstanding voting capital stock for the annual meeting decisions.

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.0 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 33.4 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 21.9 KB