InPoint REIT shareholders elect directors, ratify auditors

Published 13/09/2024, 21:40
InPoint REIT shareholders elect directors, ratify auditors

InPoint Commercial Real Estate Income, Inc. (NYSE:ICR PR A), a real estate investment trust, announced the successful conclusion of its 2024 Annual Meeting of Stockholders on September 12, 2024, according to a recent SEC filing. The meeting saw the election of five directors to its Board and the ratification of the company's independent auditors.


In the presence of the required quorum, shareholders cast their votes for the election of the Board of Directors. Mitchell A. Sabshon, Donald MacKinnon, Norman A. Feinstein, Cynthia Foster Curry, and Robert N. Jenkins were elected to serve until the next annual meeting.


Sabshon received 4,253,314 votes for, 259,582 against, and 361,561 abstained, with 252,629 broker non-votes. MacKinnon garnered 4,296,831 votes for, with fewer votes against or abstained, and the same number of broker non-votes. Feinstein, Curry, and Jenkins also secured their positions with a majority of votes for and similar patterns of votes against, abstained, and broker non-votes.


In addition to the director elections, stockholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2024. The proposal received overwhelming support with 4,663,412 votes for, 122,667 against, and 341,007 abstained.


The company, headquartered in Oak Brook, Illinois, confirmed the results in a filing dated September 13, 2024, with the Securities and Exchange Commission. The filing was signed by Cathleen M. Hrtanek, Secretary of InPoint Commercial Real Estate Income, Inc.

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