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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): February 15, 2022
 
 
Commission File Number 1-9929
 
Insteel Industries, Inc.
(Exact name of registrant as specified in its charter)
 
 
North Carolina
(State or other jurisdiction of
incorporation or organization)
  
56-0674867
(I.R.S. Employer Identification No.)
 
1373 Boggs Drive, Mount Airy, North Carolina
(Address of principal executive offices)
  
27030
(Zip Code)
 
Registrant’s telephone number, including area code: (336) 786-2141
 
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 subject to Section 12(b) of the Exchange Act:
 
Title of Each Class
 
 Trading Symbol(s) Name of Each Exchange on Which Registered
Common Stock (No Par Value) IIIN The 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 or Rule 12b-2 of the Securities Exchange Act of 1934.
 
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
 
Insteel Industries, Inc. (the “Company”) held its 2022 Annual Meeting of Shareholders (the “Annual Meeting”) on February 15, 2022. Set forth below is a brief description of each item submitted to a vote of the shareholders at the Annual Meeting and the final voting results for each item. A more complete description of each item is set forth in the Company’s proxy statement for the Annual Meeting, which was filed with the U.S. Securities and Exchange Commission on January 4, 2022.
 
Item Number One – Election of Directors
 
Each of the two nominees named in the proxy statement for the Annual Meeting were elected by the shareholders to the Board based on the following vote:
 
Nominee
  
Votes For
  
Votes Withheld
  
Broker
Non-Votes
Jon M. Ruth
  
16,120,817
  
935,516
  
1,034,157
Joseph A. Rutkowski
  
8,946,028
  
8,110,305
  
1,034,157
 
Messrs. Ruth and Rutkowski were elected to three year terms ending at the 2025 Annual Meeting of Shareholders.
 
Item Number Two – Advisory Vote on the Compensation of the Company’s Executive Officers
 
The compensation of the Company’s executive officers was approved, on an advisory basis, by the shareholders based on the following vote:
 
Votes For
  
Votes Against
  
Abstentions
  
Broker
Non-Votes
16,536,860
  
519,468
  
86,767
  
1,034,161
 
 
Item Number Three – Ratification of the Appointment of Grant Thornton LLP
         
The appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the Company’s fiscal year ending October 1, 2022 was ratified by the shareholders based on the following vote:
 
Votes For
  
Votes Against
  
Abstentions
17,981,617
  
101,035
  
7,837
 
 
 
 
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 thereunto duly authorized.
 
 
INSTEEL INDUSTRIES, INC.
Registrant
 
 
Date: February 17, 2022
  
By:
/s/ James F. Petelle
     
     James F. Petelle
     
     Vice President and Secretary
 
 
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