What is the main purpose of this 8-K filing?

The primary purpose of this Form 8-K filing is to officially report the results of the shareholder vote for director nominees at CSX Corporation's 2008 annual meeting.

Are there any significant concerns raised by the 'Votes Withheld' for CSX's director nominees?

While all CSX-nominated directors were elected with a majority of 'For' votes, the 'Votes Withheld' numbers, especially for nominees like Frank S. Royal (7,067,133 withheld votes), may indicate areas where some shareholders had reservations or dissenting opinions. Investors might want to research the reasons behind these withheld votes.

What is the significance of the TCI Group nominee votes?

The inclusion of TCI Group nominee votes reflects a proxy contest or shareholder activism, where TCI Group proposed its own slate of directors. The high number of 'Votes Withheld' for some TCI nominees, like Gary L. Wilson (75,022,386 withheld votes), suggests that a significant portion of shareholders did not support their nominations.

Does this filing indicate any changes in the board composition?

This filing itself only reports the voting outcomes. It does not explicitly state whether any director failed to be elected due to the vote count or if any changes have occurred as a result. Investors would need to consult other filings or company announcements for confirmation of board changes.

CSX 8-K SEC Disclosure

Summary

CSX Corporation filed a Form 8-K on August 4, 2008, to report the results of voting at its 2008 annual meeting of shareholders, held on August 3, 2008. The filing provides the final vote counts for each director nominee, detailing the number of "For" votes and "Votes Withheld." This report is significant for investors as it offers transparency into shareholder sentiment regarding the company's board of directors. While most CSX-nominated directors received a substantial number of "For" votes, indicating general shareholder confidence, the "Votes Withheld" figures, particularly for certain nominees, may warrant further investigation by investors to understand potential areas of shareholder concern or activism. The vote tallies for the TCI Group nominees are also presented, reflecting a distinct set of shareholder perspectives on alternative leadership.

Key Highlights

1CSX Corp. reported the official voting results from its 2008 annual meeting of shareholders.
2The filing details the "Votes For" and "Votes Withheld" for each director nominee proposed by CSX.
3All CSX-nominated directors received a significant majority of "For" votes.
4Certain CSX director nominees, such as Frank S. Royal, received a higher number of "Votes Withheld" compared to others.
5The filing also includes the voting results for nominees proposed by TCI Group.
6TCI Group nominees, particularly Gary L. Wilson and Timothy T. O'Toole, received a substantial number of "Votes Withheld."

CSX CORP 8-K Report, Corporate Update (Aug 5, 2008)

Summary

Key Highlights

Frequently Asked Questions