TTEC Holdings, Inc. (TTEC) — Reincorporation detail

Announcement

2026-04-09

First SEC disclosure

Meeting / Vote

2026-05-21

SCHEDULED

Effective

—

Legal effective date

Market Cap

$114M

At announcement

Why this firm matters

Vote scheduled for 2026-05-21; results pending.

Controller & ownership

CONTROLLED COMPANYFounder Majority

Kenneth Tuchman (CEO/Founder) + Proposing Group affiliates holds approximately 58.0% of voting power. This firm meets the strict listing-rule controlled-company threshold (controller holds >50% of voting power per NYSE Rule 303A.00 / Nasdaq Rule 5615(c)).

Source: TTEC 8-K 2025-07-31 — Tuchman + Proposing Group beneficially own ~58% of outstanding Common Stock; September 27, 2024 unsolicited take-private proposal at $6.85/share abandoned July 31, 2025 due to market conditions; majority-of-minority condition was non-waivable in proposed transaction

Vote outcome — reincorporation proposal

Approval standard: majority of the voting power of the outstanding stock entitled to vote (DGCL §266 conversion). Meeting type: annual.

Vote totals not yet pulled. Awaiting EDGAR Item 5.07.

Event-study abnormal returns — announcement window

Returns around the announcement date.

Event date: 2026-04-09 · Estimation window: trailing 240 days; 240 valid after NaN drop

Specification	Day-0 AR	Inference
Market model (SPY benchmark) HEADLINEi	-3.71%	Patell-z p-value = 0.498

Event-study abnormal returns — vote window

Returns around the shareholder-vote (or written-consent) date.

Vote window CARs not yet computed (vote on 2026-05-21).

Long-run abnormal returns & pooled estimates

Buy-and-hold abnormal returns (1 / 3 / 6 / 12 months) and calendar-time portfolio alpha (CTE) post-effective.

No long-run / pooled estimates available for this firm yet — run phase5z_compute_longrun.py on Windows to populate (requires effective date ≥ 3 months ago).

Cohort-level robustness battery

Heckman selection-corrected ATE · Romano-Wolf step-down + BH FDR · pooled BHAR. This firm's reading is shown in context of the full cohort.

Heckman two-step selection correction (controlled-vs-widely-held)

Cohort ATE = +0.94% (SE = 7.06%, n = 2395) after correcting for controller-status selection (inverse Mills ratio = -0.062).

Romano-Wolf step-down + Benjamini-Hochberg FDR (n = 47)

This firm: raw p = 0.498, Romano-Wolf adjusted p = 1.000, BH-FDR adjusted p = 0.966. Multiple-hypothesis correction is computed across the full cohort to control family-wise error rate at alpha = 0.05.

Pooled cohort BHAR (mover firms only)

BHAR_63d: mean = -5.60% (SE = 22.11%, n = 3, p = 0.499) · BHAR_126d: mean = +17.33% (SE = 41.17%, n = 3, p = 0.774)

See Cohort event study → for the full battery and forest plots.

Texas Statutory Adoptions

Status: N/A pending reincorporation.

The Texas opt-in statutory regimes (TBOC §21.552 / SB 29 derivative threshold; TBOC §21.373 / SB 1057 shareholder-proposal threshold) are available only to firms that are nationally listed Texas corporations. TTEC Holdings, Inc. is not yet Texas-incorporated; the move is pending shareholder vote with a proposed effective date of TBD. These adoptions can be elected only on or after the firm's TX effective date.

Source filings

Primary-source documents on SEC EDGAR plus IR / search links.

Source filings pending EDGAR backfill. No primary-source filings are presently linked in the canonical record for this firm. Until backfill completes, see SEC EDGAR company browse (CIK 0001013880) → for the live filings list.

Classification & audit trail

Bucket

Panel eligibility

PANEL_E_DE_baseline

Audit status

NEEDS_VERIFICATION_v6-rev69_2026-05-22_voting_deadline_passed_outcome_8K_pending

Source confidence

—

Transaction status

PENDING

Audit notes

Effective date present but no Accession URL in v6 rev78; retrieve from EDGAR. [2026-04-29] phase5x: bucket 'A' -> 'D' (post-SB29 future-vote firm; future meeting date in dataset; should be pending until vote completes); Decision #2 per Shane 2026-04-29
[2026-04-29] v3.83: ENABLED — flag 0→1. Annual meeting May 21, 2026; 48,611,167 shares outstanding (record date Mar 31, 2026); CEO Kenneth D. Tuchman 57.3% voting power. DGCL §266 conversion; rationale: align with Austin headquarters + Texas Business Court adoption. [2026-05-24] TTEC R-9 status aging: meeting was 2026-05-21 (3 days past audit date); status SCHEDULED no longer accurate. Searched EDGAR + business-press for vote-result 8-K (Item 5.07) — none located as of 2026-05-24. Status set to STATUS_PENDING_VERIFICATION per R-9 standing rule. Known accessions in edgar_accession_note: PRE 14A 0001104659-26-036899; DEF 14A 0001104659-26-042071.
[2026-05-31 rev103] status_label 'STATUS_PENDING_VERIFICATION' -> 'SCHEDULED'. Placeholder string ('STATUS_PENDING_VERIFICATION') was non-standard; reverting to the canonical taxonomy. vote_result=SCHEDULED already aligns; announcement_date_iso=2026-04-09 confirms the vote is upcoming.