09/22/2025 | Press release | Distributed by Public on 09/22/2025 08:06
Item 5.07. Submission of Matters to a Vote of Security Holders.
The stockholders of CreditRiskMonitor.com, Inc. (the "Company") voted on the following proposals at the 2025 Annual Meeting of Stockholders held on September 18, 2025:
1. The election of four directors to serve one-year terms expiring at the 2026 Annual Meeting of Stockholders and until their successors have been duly elected and qualified;
2. An advisory vote on the compensation of the Company's named executive officers as disclosed in the proxy statement;
3. A proposal to ratify the appointment of CohnReznick LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025; and
4. An advisory vote on the frequency of future advisory votes on the compensation of the Company's named executive officers.
For more information about the four proposals that were voted on at the Annual Meeting, see the Company's definitive proxy statement filed with the Securities and Exchange Commission ("SEC") on August 21, 2025.
The voting results for each of the proposals are as follows:
Proposal 1. Each nominee for director was duly elected to serve a one-year term expiring at the 2026 Annual Meeting of Stockholders and until their successors have been duly elected and qualified.
Director Nominees For Against Withheld Broker Non-Votes Jerome S. Flum 6,598,959 0 297,000 1,180,944 Lisa Reisman 6,764,533 0 131,426 1,180,944 Joshua M. Flum 6,599,459 0 296,500 1,180,944 Lawrence Fensterstock 6,867,373 0 28,586 1,180,944
Proposal 2. The stockholders approved, on an advisory basis, the compensation of the Company's named executive officers as disclosed in the proxy statement.
For: 6,732,866 Against: 127,578 Abstain: 35,515 Broker Non-Votes: 1,180,944
Proposal 3. The stockholders approved the proposal to ratify the appointment of CohnReznick LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025.
For: 8,072,471 Against: 313 Abstain: 4,119 Broker Non-Votes: 0
-------------------------------------------------------------------------------- Proposal 4. The advisory vote on the frequency of future advisory votes on the compensation of the Company's named executive officers received the following votes:
One Year: 548,596 Two Years: 234,737 Three Years: 6,112,623 Abstain: 3
In accordance with the results of the non-binding advisory vote on the frequency of the advisory vote on executive compensation and the Board of Directors' ("Board") previous recommendation (as set forth in the definitive proxy statement for the Annual Meeting filed with the SEC on August 21, 2025), the Board determined that the Company will hold "say-on-pay" advisory votes on named executive officer compensation every three years until the next required vote on the frequency of such "say-on-pay" votes or until the Board determines that it is in the best interest of the Company to hold such vote with a different frequency.
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View the full SEC Filings for CREDITRISKMONITOR COM INC