Nathan's Famous (NATH) Proxy Filing summary
Event summary combining transcript, slides, and related documents.
Proxy Filing summary
2 Dec, 2025Executive summary
Annual meeting scheduled for September 9, 2025, to elect ten directors and ratify the appointment of CBIZ CPAs P.C. as the independent auditor for fiscal 2026.
Stockholders of record as of July 21, 2025, are entitled to vote; a majority of outstanding shares is required for quorum.
Proxy materials are available online, and stockholders are encouraged to vote by mail, phone, internet, or in person.
Voting matters and shareholder proposals
Two main proposals: election of ten directors for a one-year term and ratification of CBIZ CPAs P.C. as auditor.
Directors are elected by plurality; auditor ratification requires a majority of votes cast.
Procedures for submitting shareholder proposals and director nominations for the 2026 meeting are detailed, with specific deadlines and requirements.
Universal proxy rules and advance notice bylaws apply to director nominations.
Board of directors and corporate governance
Board consists of ten directors, all current members nominated for re-election.
Board leadership is split between Executive Chairman and CEO; majority of directors are independent.
Three standing committees: Audit, Compensation, and Nominating, all composed of independent directors.
Stock ownership guidelines and insider trading policies are in place for directors and officers.
Directors are encouraged to attend annual meetings; all attended last year.
Latest events from Nathan's Famous
- Shareholders to vote on $102.00 per share cash merger; board recommends approval.NATH
Proxy Filing6 Mar 2026 - Revenue up, profits down; merger at $102/share and multiple dividends announced.NATH
Q3 20265 Feb 2026 - Definitive merger agreement for $102/share cash acquisition, board and key holders support, closing expected H1 2026.NATH
Proxy Filing21 Jan 2026 - Annual meeting to elect ten directors and ratify Marcum LLP as auditor, with focus on governance and diversity.NATH
Proxy Filing2 Dec 2025 - Revenue up year-over-year, but margins down; special dividend declared amid higher beef costs.NATH
Q2 20266 Nov 2025 - Revenue up 5% to $47M, but net income fell to $8.9M amid higher beef and labor costs.NATH
Q1 20268 Aug 2025 - Revenue and net income rose, but margin pressure from beef and labor inflation persisted.NATH
Q2 202513 Jun 2025 - Revenue and net income rose, supported by higher branded product sales and royalties.NATH
Q1 202513 Jun 2025 - Revenue growth offset by beef cost inflation; dividend maintained at $0.50 per share.NATH
Q4 202413 Jun 2025