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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 the earliest event reported)

May 25, 2022

CompX International Inc.

(Exact name of registrant as specified in its charter)

Registrant’s telephone number, including area code

(972) 448-1400

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):

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

Effective May 25, 2022, the registrant’s board of directors increased the size of the board from seven to nine and elected Kevin B. Kramer and Michael S. Simmons to fill the newly created vacancies, with each to serve as a director until his successor is elected and qualified or his earlier resignation, removal or death.  The board of directors also appointed Mr. Kramer to serve on its audit committee. 

Also effective May 25, 2022, the registrant’s board of directors elected Amy A. Samford as the registrant’s executive vice president and chief financial officer. Michael S. Simmons was formerly the registrant’s chief financial officer, and Mr. Simmons now serves as the registrant’s executive vice president.

Kevin B. Kramer, age 62,  has served as senior vice president, chief commercial and marketing officer for Allegheny Technologies, Incorporated, a publicly traded global manufacturer of specialty materials and components supplying the aerospace, defense, energy, medical, consumer electronics and automotive industries, since 2014.  Prior to joining Allegheny Technologies, Mr. Kramer worked for Stoneridge, Inc. where he was president—Stoneridge wiring division and vice president from 2012 to 2014.  Earlier experience includes serving as  president—growth initiatives and president—wheel and transportation products for Alcoa, Inc. from 2004 to 2012 and serving in various roles for Goodyear Tire and Rubber Company from 1983 to 2004.

Michael S. Simmons, age 50, has served as the registrant’s executive vice president since May 25, 2022. He previously served as the registrant’s senior vice president and chief financial officer from 2021 to May 2022.  He currently serves as executive vice president of the registrant’s affiliate NL Industries, Inc. (“NL”), as executive vice president, finance of the registrant’s affiliate Kronos Worldwide, Inc. (“Kronos Worldwide”), and as senior vice president, finance of the registrant’s affiliate Valhi, Inc. (“Valhi”) and of Contran Corporation, the parent corporation of the registrant’s consolidated tax group (“Contran”). Mr. Simmons has served in various accounting and financial positions (including officer positions) in various companies related to the registrant and Contran since 2018.  From 1994 to 2018, Mr. Simmons was employed by PricewaterhouseCoopers LLP, the registrant’s independent registered public accounting firm, most recently as a managing director.

Amy A. Samford, age 48, has served as the registrant’s executive vice president and chief financial officer since May 25, 2022.  She previously served as the registrant’s vice president and chief financial officer from 2019 to 2021.  She currently serves as executive vice president and chief financial officer of NL, as executive vice president of Kronos Worldwide, and as senior vice president and chief financial officer of Valhi and Contran.  Ms. Samford has served in various accounting and financial positions (including officer positions) in various companies related to the registrant and Contran since 2006.

Mr. Simmons and Ms. Samford are employees of Contran and provide their services to the registrant under an intercorporate services agreement between the registrant and Contran.  For a description of the intercorporate services agreement, see “Certain Relationships and Transactions” in the registrant’s 2022 proxy statement, which description is incorporated herein by reference.  In addition, for a discussion of potential conflicts of interest of officers who serve more than one corporation, see “Certain Relationships and Transactions” in the 2022 proxy statement, which discussion is also incorporated herein by reference.

The registrant held its 2022 annual meeting of stockholders on May 25, 2022.  At the 2022 annual meeting, the registrant’s stockholders voted on the two proposals described in detail in the registrant’s definitive proxy statement on Schedule 14A filed with the U.S. Securities and Exchange Commission on April 12, 2022.  Stockholders present at the 2022 annual meeting, either in person or by proxy, represented 97.0% of the 12,380,657 shares eligible to vote at the meeting.

The registrant’s stockholders elected Thomas E. Barry, Loretta J. Feehan, Robert D. Graham, Terri L. Herrington, Scott C. James, Ann Manix and Mary A. Tidlund as directors.  Each director nominee received votes “For” his or her election from at least 92.2% of the shares eligible to vote at the annual meeting.

The registrant’s stockholders adopted a resolution, on a nonbinding advisory basis, approving the compensation of the registrant’s named executive officers as described in the registrant’s 2022 proxy statement.  The resolution received the approval from 90.3% of the shares eligible to vote at the annual meeting.

The registrant hereby furnishes the information set forth in its press release issued on May 25, 2022, a copy of which is attached as Exhibit 99.1 and incorporated herein by reference.  The information the registrant furnishes in this report under this Item 7.01, and the exhibit in Item 9.01, is not deemed “filed” for purposes of section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.  Registration statements or other documents filed with the U.S. Securities and Exchange Commission shall not incorporate this information by reference, except as otherwise expressly stated in such filing.

SIGNATURE

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.