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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) March 3, 2025
                  
 
INGLES MARKETS, INCORPORATED

(Exact name of registrant as specified in its charter)
 
 
North Carolina 0-14706 56-0846267
(State or other jurisdiction 
of incorporation)
(Commission 
File Number)
(IRS Employer
Identification No.)
                 
 
2913 U.S. Hwy. 70 West, Black Mountain, NC 28711
(Address of principal executive offices) (Zip Code)
 
Registrant’s telephone number, including area code (828) 669-2941
         
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 240.13e-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
Class A Common Stock, $0.05 par value per share
IMKTA
The NASDAQ Global Select Market
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
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 Annual Meeting of Stockholders of Ingles Markets, Incorporated (the “Company”) was held Monday, March 3, 2025 (the “Annual Meeting”). Set forth below are the proposals voted on by the Company’s stockholders at the Annual Meeting and the results of such votes:
 
1.
Elect eight members of the Board of Directors by holders of Class A Common Stock and Class B Common Stock, as applicable, to serve until the 2026 Annual Meeting of Stockholders:
 
Name
 
Common Stock
 
Votes For
   
Votes Withheld
   
Broker
Non-Votes
 
Ernest E. Ferguson
 
Class A
    3,785,274       7,957,256       0  
John R. Lowden
 
Class A
    1,973,822       9,768,708       0  
Fred D. Ayers
 
Class B*
    42,800,560       0       0  
Robert P. Ingle, II
 
Class B*
    42,798,590       1,970       0  
Patricia E. Jackson
 
Class B*
    42,800,560       0       0  
James W. Lanning
 
Class B*
    42,800,560       0       0  
Laura Ingle Sharp
 
Class B*
    42,798,590       1,970       0  
Brenda S. Tudor
 
Class B*
    42,798,590       1,970       0  
 
2.
Consider and vote on a non-binding approval of the Company’s compensation for named executive officers as disclosed in the Company’s Proxy Statement for the Annual Meeting:
 
   
Class A & B *
 
For
    50,789,689  
Against
    3,725,692  
Abstain
    27,709  
Broker Non-Votes
    0  
 
3.
Consider and vote on a stockholder proposal to increase the size of the Company’s board of directors as disclosed in the Company’s Proxy Statement for the Annual Meeting:
 
   
Class A & B *
 
For
    4,646,573  
Against
    49,816,921  
Abstain
    79,596  
Broker Non-Votes
    0  
 
No other matters were considered or voted upon at the Annual Meeting.
 
* Holders of Class A Common Stock have one vote per share and the holders of Class B Common Stock have ten votes per share.
 
 

 
 
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.
 
INGLES MARKETS, INCORPORATED
  (Registrant)  
Date: March 5, 2025
By:
/s/ Patricia E. Jackson
Patricia E. Jackson
Chief Financial Officer