Taylor Devices (TAYD) Proxy Filing summary
Event summary combining transcript, slides, and related documents.
Proxy Filing summary
2 Dec, 2025Executive summary
The 2025 Annual Meeting will be held in person on October 17, 2025, with a webcast for informational purposes only; shareholders of record as of August 18, 2025, may vote in person or by proxy.
Key items for shareholder action include electing one Class 3 director, ratifying the independent auditor, approving the 2025 Stock Option Plan, and other business.
Proxy materials and the annual report are available online, and shareholders are encouraged to vote promptly by proxy.
Voting matters and shareholder proposals
Shareholders will vote on electing Robert Carey as Class 3 director for a three-year term, ratifying Lumsden & McCormick, LLP as auditor for FY 2026, and adopting the 2025 Stock Option Plan.
Shareholder proposals for the 2026 meeting must be received by May 8, 2026, for inclusion in proxy materials.
Shareholders may nominate directors or propose business following advance notice procedures in the by-laws.
Board of directors and corporate governance
The board consists of five directors, reducing to four after the meeting; all current members have significant industry and management experience.
Board committees include Audit, Compensation, Nominating, and Executive, each with defined charters and independent directors.
The board annually self-evaluates its effectiveness and considers diversity and complementary skills in director selection.
Insider trading and code of ethics policies are in place, with regular re-adoption and updates.
Latest events from Taylor Devices
- Quarterly net income surged 90% on record sales, led by Aerospace/Defense strength.TAYD
Q2 20269 Jan 2026 - Director elections, auditor ratification, and executive pay highlight the 2024 annual meeting.TAYD
Proxy Filing2 Dec 2025 - Sales and earnings fell year-over-year, but backlog and liquidity remain robust.TAYD
Q1 20261 Oct 2025 - Record FY25 sales and net income set new highs, driven by strong Aerospace/Defense and Industrial results.TAYD
Q4 202516 Aug 2025 - Net revenues up 17% and gross margin improved to 47% on strong project and segment growth.TAYD
Q1 202513 Jun 2025 - Net income jumped 43% on higher aerospace/defense sales and improved gross margin.TAYD
Q4 202413 Jun 2025 - Revenue and profit declined, but backlog and international sales grew significantly.TAYD
Q3 20256 Jun 2025 - Six-month revenue steady, net income down 3%, backlog rises to $34.5M.TAYD
Q2 20255 Jun 2025