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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):   July 20, 2023

 

Hilltop Holdings Inc.

(Exact name of registrant as specified in its charter)

 

Maryland   1-31987   84-1477939
(State or other jurisdiction of
incorporation)		   (Commission
File Number)		   (IRS Employer Identification
No.)

 

6565 Hillcrest Avenue    
Dallas, Texas   75205
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (214) 855-2177

 

 

 

(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 (see General Instruction A.2. below):

 

¨            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 ​ Name of each exchange on which registered
Common Stock, par value $0.01 per share ​ HTH ​ 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. ¨

 

 

 

 

 

 

Section 5 – Corporate Governance and Management

 

Item 5.07Submission of Matters to a Vote of Security Holders.

 

On July 20, 2023, Hilltop Holdings Inc., or the Company, held its 2023 Annual Meeting of Stockholders, or the 2023 Annual Meeting. At the 2023 Annual Meeting, which was held virtually, stockholders were asked to vote on four proposals: the election of the 17 director nominees named in the proxy statement; a non-binding advisory vote to approve executive compensation; a non-binding advisory vote on the frequency of stockholder non-binding advisory votes to approve executive compensation; and the ratification of the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The voting results at the 2023 Annual Meeting were as follows:

 

Proposal No. 1:The stockholders elected the following 17 director nominees to serve on the Company’s Board of Directors until the 2024 annual meeting of stockholders or until their successors are duly elected and qualified.

 

Name  For  Against  Withheld  Broker
Non-Votes		 
Rhodes R. Bobbitt  51,806,716     1,039,065  3,435,023 
Tracy A. Bolt  52,196,702     649,079  3,435,023 
J. Taylor Crandall  43,160,973     9,684,808  3,435,023 
Hill A. Feinberg  50,487,588     2,358,193  3,435,023 
Gerald J. Ford  50,663,960     2,181,821  3,435,023 
Jeremy B. Ford  51,925,997     919,784  3,435,023 
J. Markham Green  51,914,774     931,007  3,435,023 
Charlotte Jones  41,051,240     11,794,541  3,435,023 
Lee Lewis  49,647,048     3,198,733  3,435,023 
Andrew J. Littlefair  51,950,701     895,080  3,435,023 
Tom C. Nichols  52,521,763     324,018  3,435,023 
W. Robert Nichols, III  29,102,980     23,742,801  3,435,023 
Kenneth D. Russell  47,757,898     5,087,883  3,435,023 
A. Haag Sherman  39,066,540     13,779,241  3,435,023 
Jonathan S. Sobel  49,839,905     3,005,876  3,435,023 
Robert C. Taylor, Jr.  44,157,969     8,687,812  3,435,023 
Carl B. Webb  51,038,241     1,807,540  3,435,023 

 

Proposal No. 2:The stockholders approved, on an advisory basis, the 2022 compensation of the Company’s named executive officers.

 

For  Against  Abstain  Broker
Non-Votes
45,576,969  7,209,808  59,004  3,435,023

 

Proposal No. 3:The stockholders’ preferred frequency of stockholder non-binding advisory votes to approve executive compensation was annually.

 

1 Year   2 Years   3 Years   Abstain   Broker
Non-Votes
47,807,966   13,488   4,991,518   32,809   3,435,023

 

The Company’s Board of Directors recommended annual non-binding advisory voting to approve executive compensation. Taking into account the preferences of the Company’s stockholders, as indicated by the foregoing vote, the Company will hold non-binding advisory votes to approve the compensation of the Company’s named executive officers annually until the next required (non-binding) vote on the frequency of stockholder advisory “say-on-pay” votes.

 

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Proposal No. 4:The stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023.

 

For   Against   Abstain   BrokerNon-Votes
55,336,038   859,449   85,317   -

 

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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 hereunto duly authorized.

 

    Hilltop Holdings Inc.,
    a Maryland corporation
   
Date:     July 24, 2023 By: /s/ COREY PRESTIDGE
  Name:    Corey G. Prestidge
  Title:      Executive Vice President, General Counsel & Secretary

 

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