0001910851falseR1 RCM Inc. /DE00019108512024-05-222024-05-22

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): May 22, 2024
____________
R1 RCM Inc.
(Exact Name of Registrant as Specified in Charter)  
 ____________
Delaware001-4142887-4340782
(State or Other Jurisdiction
of Incorporation)		(Commission
File Number)		(IRS Employer
Identification No.)
433 W. Ascension Way84123
Suite 200
Murray
Utah
(Address of Principal Executive Offices)(Zip Code)
Registrant’s telephone number, including area code: (312) 324-7820

(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:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common stock, par value $0.01 per shareRCM
NASDAQ
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. ☐        


Item 5.02    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On May 22, 2024, R1 RCM Inc. (the “Company”) held its 2024 Annual Meeting of Stockholders (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders approved the adoption of the R1 RCM Inc. Fifth Amended and Restated 2010 Stock Incentive Plan (the “Fifth A&R Plan”), which amends and restates the R1 RCM Inc. Fourth Amended and Restated 2010 Stock Incentive Plan (the “Fourth A&R Plan”). The Fifth A&R Plan authorizes the issuance of an additional 9,300,000 shares of the Company’s common stock pursuant to stock options, awards of restricted stock, restricted stock units, performance awards, stock appreciation rights and other stock-based awards. The material terms of the Fifth A&R Plan are summarized on pages 9 through 16 of the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 12, 2024, the description of which is incorporated herein by reference.

The description of the Fifth A&R Plan is qualified in its entirety by reference to the full text of the Fifth A&R Plan, a copy of which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

Item 5.07    Submission of Matters to a Vote of Security Holders

At the Annual Meeting, there were present, in person or by proxy, 399,831,493 shares of the Company’s common stock representing at least a majority of the Company’s common stock issued, outstanding, and entitled to vote thereat, constituting a quorum for all matters presented at the Annual Meeting. At the Annual Meeting, the Company’s stockholders voted on the following proposals, with the following results:

1. The following nominees were elected to the Company’s board of directors for terms ending at the 2025 annual meeting of stockholders:

ForWithheldBroker Non-Votes
Bradford Kyle Armbrester304,985,488 83,197,558 11,648,447 
Clay Ashdown380,750,669 7,432,377 11,648,447 
Agnes Bundy Scanlan385,990,656 2,192,390 11,648,447 
Jeremy Delinsky380,899,391 7,283,655 11,648,447 
David M. Dill380,690,669 7,492,377 11,648,447 
Michael C. Feiner369,078,946 19,104,100 11,648,447 
Joseph Flanagan304,862,821 83,320,225 11,648,447 
John B. Henneman III371,951,672 16,231,374 11,648,447 
Matthew Holt310,534,023 77,649,023 11,648,447 
Neal Moszkowski301,827,786 86,355,260 11,648,447 
Dominic Nakis373,401,598 14,781,448 11,648,447 
Lee Rivas386,374,478 1,808,568 11,648,447 
Ian Sacks367,059,840 21,123,206 11,648,447 
Jill Smith375,330,427 12,852,619 11,648,447 
Anthony J. Speranzo378,795,203 9,387,843 11,648,447 
Anthony R. Tersigni379,404,921 8,778,125 11,648,447 
Erik G. Wexler380,747,352 7,435,694 11,648,447 

2. The Company’s stockholders approved the Fifth A&R Plan, including to increase the number of shares authorized for issuance under the Fourth A&R Plan by 9,300,000 shares:



For:381,593,869 
Against:6,480,114 
Abstain:109,063 
Broker Non-Votes:11,648,447 

3. The Company’s stockholders approved, on an advisory basis, the compensation of the Company’s named executive officers:

For:369,033,231 
Against:19,033,625 
Abstain:116,190 
Broker Non-Votes:11,648,447 

4. The Company’s stockholders ratified the selection of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024:

For:369,043,103 
Against:3,642,716 
Abstain:145,674 


Item 9.01    Financial Statements and Exhibits

(d)Exhibit NumberDescription
104Cover Page Interactive Data File - the cover page iXBRL tags are embedded within the Inline XBRL document


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.

R1 RCM INC.
Date: May 22, 2024
By:       /s/ Jennifer Williams                                    
 Name:  Jennifer Williams
 Title:    Chief Financial Officer