EDUCATIONAL DEVELOPMENT CORP 8-K

What Happened
Educational Development Corp (EDUC) filed an 8-K reporting outcomes from its annual meeting of stockholders held July 8, 2026. Stockholders elected Bradley V. Stoots and Steven G. Hooser as Class I directors for three-year terms. Stockholders also ratified HoganTaylor LLP as the independent registered public accounting firm for the year ending February 28, 2027 and approved, on an advisory basis, the compensation of the company’s named executive officers.

Key Details

• Director elections (Class I, three-year terms): Bradley V. Stoots — For: 4,171,944; Withheld: 41,020; Broker non-votes: 1,300,922. Steven G. Hooser — For: 4,171,944; Withheld: 41,020; Broker non-votes: 1,300,922.
• Auditor ratification: HoganTaylor LLP approved — For: 5,495,946; Against: 15,114; Abstain/Withheld: 2,826.
• Advisory vote on executive compensation (say-on-pay): For: 3,863,079; Against: 294,931; Abstain/Withheld: 54,954; Broker non-votes: 1,300,922.
• Meeting date: July 8, 2026; 8-K filed July 14, 2026.

Why It Matters
Board elections and auditor ratification are governance actions that affect oversight of the company; the elected directors will serve for three years and HoganTaylor LLP will serve as the independent auditor for the upcoming fiscal year. The say-on-pay advisory passed but drew meaningful opposition (roughly 7% of votes cast against), which investors and the board may consider when reviewing executive compensation practices. Broker non-votes indicate a portion of shares held by brokers were not voted on certain items, which can affect vote totals for contested or advisory matters.