Company: SDSYA
Filing Date: 2025-06-20
Form Type: 8-K
Source: 0001163609-25-000021
Chunk: 0

Company: SOUTH DAKOTA SOYBEAN PROCESSORS LLC
Filing Date: 2025-06-20
Form: 8-K
Item: Item 5.07
Chunk 0
---
Item 5.07 Submission of Matters to Vote of Security Holders.

On June 17, 2025, South Dakota Soybean Processors, LLC ("the Company") held its 2025 Annual Meeting of Members in Volga, South Dakota. The primary purposes of the meeting were: (1) To receive the report of management on the business of the Company and the Company's audited financial statements for the fiscal year ended December 31, 2024; (2) To elect three members of the board of managers, one from each of the three geographical districts; (3) To approve, on an advisory basis, the compensation of the Company's named executive officers ("Say-on-Pay"); and (4) To transact such other business as may properly come before the meeting and at any and all adjournments thereof.

On the proposal to elect three members to the board of managers, the following persons were elected:

  District 1:      Craig Weber       
  District 2:      Gary Goplen       
  District 3:      Lewis Bainbridge  

In District 1, Craig Weber, who ran unopposed, was elected by the following voting tally:

  Craig Weber      149  
  Abstain           17  

In District 2, Gary Goplen was elected by the following voting tally:

  Gary Goplen           76  
  Brian Hicks           65  
  William Louwagie      33  
  Abstain               11  

In District 3, Lewis Bainbridge, who ran unopposed, was elected by the following voting tally:

  Lewis Bainbridge      135  
  Abstain                16  

In the second proposal, the members voted to approve, on an advisory and non-binding basis, the compensation of the Company's named executive officers by the following tally:

  For          280  
  Against       83  
  Abstain      139  

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.

                            SOUTH DAKOTA SOYBEAN PROCESSORS, LLC  
  Dated: June 20, 2025      /s/ Mark Hyde                         
                            Mark Hyde, Chief Financial Officer