Motorcar Parts Of America Inc 8-K, filed Sep 16, 2026
Motorcar Parts Of America Inc (MPAA)
8-K
2026-09-16
For: 2026-09-10
View Original
Added on
September 16, 2026
About this 8-K
Motorcar Parts Of America Inc filed this 8-K on September 16, 2026, reporting on events of September 10, 2026.
Items reported
- Item 5.07: Shareholder vote results
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 10, 2026
(Exact name of registrant as specified in its charter)
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| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
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| (Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code: (310 ) 212-7910
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
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Item 5.07.
Submission of Matters to a Vote of Security Holders.
The Annual Meeting of Shareholders of Motorcar Parts of America, Inc. (the “Company”) was held on September 10, 2026 (the “Meeting”).
At the Meeting, the Company’s shareholders voted on proposals to: (i) elect directors; (ii) ratify the appointment of Ernst & Young LLP as the Company’s independent registered public accountants for the fiscal year ending March 31, 2027; (iii) approve on a non-binding advisory basis the compensation of our named executive officers; and (iv) approve the Second Amendment to the 2022 Incentive Award Plan.
All nominees for election to the Board of Directors of the Company were elected to serve until the next Annual Meeting of Shareholders and until their respective successors are duly elected and qualified, or until the earlier of such director’s death, resignation or removal. The shareholders also ratified the selection of the independent registered public accountants. The shareholders also approved on a non-binding advisory basis the compensation of our named executive officers. Moreover, the shareholders approved the Second Amendment to the Motorcar Parts of America, Inc. 2022 Incentive Award Plan.
The number of votes cast for or against and the number of abstentions and broker non-votes with respect to each proposal are set forth below:
Proposal 1—Election of Directors | ||||
| Nominee | Shares For | Shares Against | Shares Withheld | Broker Non-Votes |
Selwyn Joffe | 15,137,092 | 230,299 | 21,212 | 1,719,922 |
Dr. David Bryan | 15,094,354 | 273,026 | 21,223 | 1,719,922 |
Joseph Ferguson | 15,294,580 | 72,810 | 21,213 | 1,719,922 |
Philip Gay | 14,884,499 | 482,892 | 21,212 | 1,719,922 |
Jeffrey Mirvis | 14,863,251 | 504,057 | 21,295 | 1,719,922 |
Anil Shrivastava | 15,295,202 | 68,306 | 25,095 | 1,719,922 |
Douglas Trussler | 15,165,285 | 219,596 | 3,722 | 1,719,922 |
Barbara Whittaker | 14,786,738 | 580,643 | 21,222 | 1,719,922 |
| Proposal 2 – Ratification of Ernst & Young LLP | ||
Shares For | Shares Against | Shares Abstaining |
17,088,251 | 15,841 | 4,433 |
Proposal 3 – Approval on a Non-Binding Advisory Basis of the Compensation of Our Named Executive Officers
Shares For | Shares Against | Shares Abstaining | Broker Non-Votes |
14,007,292 | 938,440 | 442,871 | 1,719,922 |
Proposal 4 – Approval of the Second Amendment to the 2022 Incentive Award Plan
Shares For | Shares Against | Shares Abstaining | Broker Non-Votes |
9,677,452 | 5,690,301 | 20,850 | 1,719,922 |
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits
Exhibit Number | Exhibit Description | |
Second Amendment to the Motorcar Parts of America, Inc. 2022 Incentive Award Plan |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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MOTORCAR PARTS OF AMERICA, INC.
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Date: September 14, 2026
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/s/ Glenn Burlingame
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Glenn Burlingame
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| Vice President General Counsel and Secretary |
Exhibit 10.1
SECOND AMENDMENT TO
MOTORCAR PARTS OF AMERICA,
INC.
2022 INCENTIVE AWARD PLAN
This Second Amendment ("Second Amendment") to the Motorcar Parts of America, Inc. 2022 Incentive Award Plan (the "Plan"), is adopted by the Board of Directors (the "Board") of Motorcar Parts of America, Inc., a New York corporation (the "Company"), effective as of September 10, 2026 (the "Amendment Effective Date"). Capitalized terms used in this Second Amendment and not otherwise defined herein shall have the meanings ascribed to such terms in the Plan.
RECITALS
A.
The Company currently maintains the Plan.
B.
Pursuant to Section 13.1 of the Plan, the Plan may be wholly or partially amended or otherwise modified, suspended or terminated at any time or from time to time by the Board or the Compensation Committee of the Board, subject to approval by the stockholders of the Company twelve (12) months before or after such action.
C.
The Board believes it is in the best interests of the Company and its stockholders to amend the Plan to increase the number of shares which may be issued pursuant to awards under the Plan, including the number of shares which may be issued under the Plan upon the exercise of Incentive Stock Options (as defined in the Plan).
AMENDMENT
The Plan is hereby amended as follows, effective as of the Amendment Effective Date:
1.
Section 3.l(a). Section 3.l(a) of the Plan is hereby amended and restated in its entirety with the following:
"Subject to Sections 3.l(b) and 13.2 hereof, the aggregate number of Shares which may be issued pursuant to Awards under the Plan shall be equal to the sum of (i) 1,780,111 Shares; and (ii) any Shares which are subject to Prior Plan Awards and Prior Director Plan Awards which become available for issuance under the Plan following the Effective Date pursuant to Section 3.l(b) (the "Share Limit"). In order that the applicable regulations under the Code relating to Incentive Stock Options be satisfied, the maximum number of Shares that may be issued under the Plan upon the exercise of Incentive Stock Options shall be I,780,111 Shares. As of the Effective Date, the Company will cease granting awards under the Prior Plan and the Director Plan; however, awards issued under the Prior Plan and the Director Plan and outstanding as of the Effective Date will remain subject to the terms of the applicable plan."
2.
This Second Amendment shall be and, as of the Amendment Effective Date, is hereby incorporated in and forms a part of the Plan.
3.
Except as expressly provided herein, all terms and conditions of the Plan shall remain in full force and effect.