$PRKA·8-K

PARKS AMERICA, INC · Mar 23, 4:24 PM ET

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PARKS AMERICA, INC 8-K

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Parks America, Inc. Reports 2026 Annual Meeting Vote Results

What Happened
Parks America, Inc. (PRKA) filed an 8-K reporting the results of its 2026 Annual Meeting held after a record date of February 27, 2026. Of 753,577 shares outstanding, 403,308 shares (approximately 53.52%) were represented, establishing a quorum. Four director nominees — Geoffrey Gannon, Andrew Kuhn, Jacob McDonough, and Matthew Hansen — were elected to one-year terms. The stockholders also ratified GBQ LLC as the company’s independent registered public accountants and held a non-binding advisory vote on executive compensation.

Key Details

  • Record date: February 27, 2026; Shares outstanding: 753,577; Shares represented: 403,308 (53.52%).
  • Director election vote totals:
    • Geoffrey Gannon: For 391,875; Abstain 2,518.
    • Andrew Kuhn: For 391,895; Abstain 2,498.
    • Jacob McDonough: For 391,895; Abstain 2,498.
    • Matthew Hansen: For 391,943; Abstain 2,450.
  • Auditor ratification (GBQ LLC): For 401,222; Against 1,505; Abstain 581; Broker non-votes 8,915.
  • Advisory vote on executive compensation: For 389,584; Against 4,623; Abstain 186 (and 2 broker non-votes reported).

Why It Matters
The filing confirms the company’s board composition and auditor for the 2026 fiscal year, which are governance items investors monitor for oversight and financial reporting reliability. The advisory approval of executive compensation, while non-binding, signals shareholder sentiment on pay practices. The quorum and vote margins indicate majority shareholder participation but also show a notable block of broker non-votes on the auditor ratification item.

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