8-K

VALUE LINE INC (VALU)

8-K 2020-10-13 For: 2020-10-09
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Added on April 10, 2026

UNITED STATESSECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORTPursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of the earliest event reported): October 9, 2020

Value Line, Inc.

(Exact name of registrant as specified in its charter)

New York<br> (State or Other Jurisdiction<br><br> <br>of Incorporation) 0-11306<br>    (Commission File Number) 13-3139843<br> (I.R.S Employer<br> Identification No.)

551 Fifth AvenueNew York, New York

(Address of Principal Executive Offices)

10176

(Zip Code)

(212) 907-1500

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading symbol Name of each Exchange on which registered
Common stock, $0.10 par value per share VALU The Nasdaq Capital Market

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 (see General Instruction A.2.):

☐ 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))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the of the Securities Exchange Act of 1934.

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. ☐



Item 5.07.  Submission of Matters to a Vote of Security Holders.

On October 9, 2020, the annual meeting of the shareholders of Value Line, Inc. was held to consider three proposals. Final votes have been tabulated and reported by American Stock Transfer & Trust Company, LLC, the Company’s transfer agent. Details of the voting are provided below:

Proposal 1 : ****


To elect the following nominees as Directors of the Company.

Votes For Withheld
Howard A. Brecher 9,025,779 287,380
Stephen R. Anastasio 8,897,945 415,214
Mary Bernstein 9,025,476 287,683
Alfred R. Fiore 9,249,784 63,375
Stephen P. Davis 9,249,784 63,375
Glenn J. Muenzer 9,124,165 188,994

Proposal 2:
Votes Votes Broker
For Against Abstentions Non-Vote
Advisory vote on executive compensation, commonly referred to as “say-on-pay” 9,296,445 13,417 3,295 0


Proposal 3:
Every 1 Year Every 2 Years Every 3 Years Abstentions Broker Non-Vote
Advisory vote on frequency of future stockholder advisory votes on executive compensation “say when-on-pay” 327,848 9,267 8,899,493 76,550 0


SIGNATURES


Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized.

VALUE LINE, INC.
Dated: October 9, 2020 By: /s/ Howard A. Brecher
Howard A. Brecher
Chairman & Chief Executive Officer