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false 0000080172 0000080172 2025-05-20 2025-05-20
 
UNITED STATES
SECURITY 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): May 20, 2025
_______________
 
National Presto Industries, Inc.
(Exact name of registrant as specified in this chapter)
 
Wisconsin
 
1-2451
 
39-0494170
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)
 
3925 North Hastings Way
Eau Claire, Wisconsin
 
54703-3703
(Address of principal executive office)
 
(Zip Code)
 
Registrant’s telephone number, including area code: 715-839-2121
N/A
(Former name or former address, if changed since last report)
______________
 
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 240.13a-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, $1.00 par value
NPK
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 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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.
 
The Company held its Annual Meeting of Stockholders on May 20, 2025. At the meeting, stockholders re-elected Patrick J. Quinn and Douglas J. Frederick to serve as directors, each for a three-year term ending at the annual meeting to be held in 2028. Stockholders also ratified the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2025. On a non-binding advisory basis, stockholders approved the compensation of the Company’s named executive officers. A press release regarding the outcome of the votes of stockholders is attached hereto as Exhibit 99.1.
 
Set forth below are the final voting results for each of the proposals.
 
Election of Directors
 
                 
Name
 
For
 
Withheld
     
Broker Non-Votes
                 
Patrick J. Quinn
 
 3,779,510
 
1,904,953
     
636,423
Douglas J. Frederick
 
5,061,806
 
622,657
     
636,423
 
Ratify the Appointment of RSM US LLP as the Independent Registered Public Accounting Firm
 
                 
   
For
 
Against
 
Abstain
 
Broker Non-Votes
                 
   
6,297,648
 
13,474
 
9,764
 
0
 
Advisory (Non-Binding) Vote on Executive Compensation
 
                 
   
For
 
Against
 
Abstain
 
Broker Non-Votes
                 
   
5,570,413
 
96,343
 
17,707
 
636,423
 
 
Item 9.01 Financial Statements and Exhibits
 
(d) Exhibits
 
   
Exhibit No.
Description
99.1
104
Cover page Interactive data file (embedded within the inline XBRL document)
 






 
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.
 
 
National Presto Industries, Inc.
 
(Registrant)
       
Date: May 21, 2025
By:
/s/ Maryjo Cohen
 
   
(Signature) Maryjo Cohen, President
 
   
and Chief Executive Officer
 
 
 
EX-99.1 2 ex_822164.htm EXHIBIT 99.1 ex_822164.htm

Exhibit 99.1

 

NEWS RELEASE

CONTACT: David Peuse

FOR IMMEDIATE RELEASE

(715) 839-2146

 

NATIONAL PRESTO INDUSTRIES, INC. ANNOUNCES ELECTION OF A DIRECTORS AT ITS ANNUAL STOCKHOLDER MEETING

 

Eau Claire, Wisconsin (May 21, 2025) – The stockholders of National Presto Industries, Inc. (NYSE: NPK) re-elected Patrick J. Quinn and Douglas J. Frederick to new three-year terms as directors at the May 20, 2025, annual stockholders meeting. The stockholders also ratified the appointment of RSM US LLP as the Company's independent registered public accounting firm for the year ending December 31, 2025. In a non-binding vote, they approved the compensation of the Company’s named executive officers as well. Traditionally new products are shown during this meeting. As a result of the impact of the Trump administrations’ tariffs, new products are on hold and none was shown.

 

National Presto Industries, Inc. operates in three business segments. The Housewares/Small Appliance segment designs and sells small household appliances and pressure cookers under the PRESTO® brand name. The segment is recognized as an innovator of new products. The Defense segment manufactures a variety of products, including medium caliber training and tactical ammunition, energetic ordnance items, fuzes, cartridge cases, and metal parts. The Safety segment offers smoke and carbon monoxide alarms and systems that provide early warning of conditions that, if not corrected, would cause significant losses.

 

This release contains “forward looking statements” made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 that are subject to certain risks and uncertainties, as well as assumptions, that could cause actual results to differ materially from historical results and those presently anticipated or projected. In addition to the factors discussed above, other important risk factors are delineated in the Company’s various SEC filings.