Ingles Markets, Incorporated

IMKTA

Reporting person: Ingles Markets, Incorporated(group)

Cap 1 LLC / Summer Road challenges Ingles Markets board election

Contested meetinghigh confidence

Contest Strategydissident slate, solicitors, demands

Contested annualVote Apr 30, 2026

What's being contested

Board seats

IssuerIngles Markets, Incorporated (IMKTA)

Issuer solicitor—

Reporting personIngles Markets, Incorporated (group)

Dissident solicitorMacKenzie Partners, Inc.

Stake—

Dissident counsel—

Cost basis—

Meeting dateApr 30, 2026

Record dateMar 12, 2026

Dissident slate (1)

Rory Held

Primary demands

director nomination

Vote Mechanics

78d post-vote

Vote dateApr 30, 2026

Record dateMar 12, 2026

Mailing date—

Record → vote49 days

Threshold—

Min approvalparsed—

Shares outstanding—

Insider lock-up—

Advisors

No advisor data on record for this deal.

Sources

SEC Filing

Cap 1 LLC and Summer Road LLC, shareholders of Ingles Markets, Inc., have notified the Company of their intent to nominate Rory Held for election as a Class A director at the 2026 Annual Meeting in opposition to the Board's slate. The Board of Directors unanimously recommends voting FOR the Board's two Class A director nominees and WITHHOLD for the Opposition Nominee on the WHITE proxy card. This is a contested director election at the April 30, 2026 virtual Annual Meeting.

Item id: 1c89721d-05da-40e2-8f47-1d8779416c6e · ingested Apr 24, 2026