REGIS CORP false 0000716643 0000716643 2024-11-06 2024-11-06 0000716643 us-gaap:CommonStockMember 2024-11-06 2024-11-06 0000716643 us-gaap:SeriesAPreferredStockMember 2024-11-06 2024-11-06

 

 

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): November 6, 2024

 

 

REGIS CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Minnesota   1-12725   41-0749934
(State or other jurisdiction
of incorporation)		  

(Commission

File Number)

   (IRS Employer
Identification No.)

 

3701 Wayzata Boulevard
Minneapolis, MN 55416
(Address of principal executive offices and zip code)

(952) 947-7777

(Registrant’s telephone number, including area code)

(Not applicable)

(Former name or former address, if changed from 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

Common Stock, $0.05 par value   RGS   The Nasdaq Global Market
Rights to Purchase Series A Junior Participating Preferred Stock, $0.05 par value   RGS   The Nasdaq Global 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. ☐

 

 

 

Regis Corporation

Current Report on Form 8-K

ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

At the Annual Meeting of Shareholders on November 6, 2024 (the “Annual Meeting”), the shareholders of Regis Corporation (the “Company”) approved the Amended and Restated Regis Corporation 2018 Long Term Incentive Plan (the “Amended Plan”), which incorporated certain amendments to the plan, including (i) an increase in the number of shares of the Company’s common stock reserved for issuance thereunder by an additional 225,000 shares, (ii) an extension of the term of the plan, and (iii) making certain other changes to the plan.

The summary of the Amended Plan is qualified in its entirety by reference to the full text of the Amended Plan, a copy of which is attached as Appendix A to the proxy statement for the Annual Meeting filed with the Securities and Exchange Commission on September 26, 2024 (the “Proxy Statement”).

ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

The proposals voted on are described in detail in the Proxy Statement for the Annual Meeting.

 

  1.

Election of Directors. The shareholders elected the seven director nominees to serve for a one-year term. The results of the vote on the election of directors were as follows:

 

Director Nominee

    For      Against      Abstain      Broker Non-Vote  

Lockie Andrews

      789,543        4,311        7,987        786,275  

Nancy Benacci

      795,987        4,039        1,815        786,275  

Matthew Doctor

      796,193        4,054        1,594        786,275  

Mark S. Light

      788,091        12,165        1,585        786,275  

Michael Mansbach

      795,654        4,408        1,779        786,275  

Michael J. Merriman

      796,099        4,162        1,580        786,275  

M. Ann Rhoades

      711,397        81,377        9,067        786,275  

 

  2.

Say-on-Pay Proposal. The shareholders approved the advisory proposal on the compensation of the Company’s named executive officers. The results of the advisory vote on the say-on-pay proposal were as follows:

 

For

      787,448  

Against

      7,319  

Abstain

      7,074  

Broker Non-Votes

      786,275  

 

  3.

Ratification of Appointment of Independent Registered Public Accounting Firm. The shareholders ratified the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending June 30, 2025. The results of the vote on the ratification of Grant Thornton were as follows:

 

For

      1,576,020  

Against

      7,437  

Abstain

      4,659  

  4.

Approval of the Amended and Restated 2018 Long Term Incentive Plan. The shareholders approved the Amended Plan. The results of the vote on the approval of the Amended Plan were as follows:

 

For

      739,435  

Against

      58,573  

Abstain

      3,833  

Broker Non-Votes

      786,275  

SIGNATURE

Pursuant to the requirements of the Securities and Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    REGIS CORPORATION
Dated: November 7, 2024     By:  

/s/ Kersten D. Zupfer

      Kersten D. Zupfer
      Executive Vice President and Chief Financial Officer
v3.24.3
Document and Entity Information
Nov. 06, 2024
Document And Entity Information [Line Items]  
Entity Registrant Name REGIS CORP
Amendment Flag false
Entity Central Index Key 0000716643
Document Type 8-K
Document Period End Date Nov. 06, 2024
Entity Incorporation State Country Code MN
Entity File Number 1-12725
Entity Tax Identification Number 41-0749934
Entity Address, Address Line One 3701 Wayzata Boulevard
Entity Address, City or Town Minneapolis
Entity Address, State or Province MN
Entity Address, Postal Zip Code 55416
City Area Code (952)
Local Phone Number 947-7777
Written Communications false
Soliciting Material false
Pre Commencement Tender Offer false
Pre Commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Common Stock [Member]  
Document And Entity Information [Line Items]  
Security 12b Title Common Stock, $0.05 par value
Trading Symbol RGS
Security Exchange Name NASDAQ
Series A Preferred Stock [Member]  
Document And Entity Information [Line Items]  
Security 12b Title Rights to Purchase Series A Junior Participating Preferred Stock, $0.05 par value
Trading Symbol RGS
Security Exchange Name NASDAQ
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