AGM/EGMMay 28, 2026, 04:04 PM
Educational Development Corp Schedules 2026 Annual Meeting
AI Summary
Educational Development Corporation filed its definitive proxy statement for its 2026 Annual Meeting of Shareholders, scheduled for July 8, 2026, at its corporate offices in Tulsa, Oklahoma. Shareholders will vote on the election of two Class I directors, the ratification of HoganTaylor LLP as the independent auditor, and an advisory vote on named executive officer compensation. The record date for voting was May 19, 2026, with 8,511,364 shares outstanding. Fiscal year 2026 executive compensation details were also provided, with bonuses reflecting discretionary awards for meeting objectives including the sale of the Hilti Complex and paying off bank debts.
Key Highlights
- Annual Meeting of Shareholders scheduled for July 8, 2026, at 10:00 a.m. CST.
- Shareholders to elect Bradley V. Stoots and Steven G. Hooser as Class I directors.
- Proposal to ratify HoganTaylor LLP as independent auditor for fiscal year ending Feb 28, 2027.
- Advisory vote on compensation for Named Executive Officers.
- Record date for voting was May 19, 2026, with 8,511,364 shares outstanding.
- CEO Craig M. White's total compensation for fiscal 2026 was $332,800, including a $50,000 bonus.
- CFO Dan E. O Keefe's total compensation for fiscal 2026 was $279,100, including a $40,000 bonus.
- CSMO Heather N. Cobb's total compensation for fiscal 2026 was $275,600, including a $40,000 bonus.
Price Impact
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