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1 By law, publicly traded companies must host an annual shareholder meeting once a year. The Securities and Exchange Commission (SEC) requires that these companies also send proxy statements to shareholders ahead of their annual meetings. Proxy Season: What You Need To Know - Investopedia investopedia.com ? proxy-season-7370612 investopedia.com ? proxy-season-7370612
A typical proxy statement states the date and location of the next shareholder assembly, along with instructions for shareholders who cannot attend in person. It will also include a detailed agenda for the meeting, including elections of directors and shareholder proposals. Proxy Definition, How It Works, Statements, Benefits, and Example investopedia.com ? terms ? proxy investopedia.com ? terms ? proxy
Proxy statements must offer insights into board and company performance, including: The salaries of the company's five highest-paid executives (including bonuses and equity) and the appropriate benchmark in chart form. Executive performance and the performance of executives of similar companies. What is a proxy statement? Definition, rules, & examples diligent.com ? resources ? blog ? what-is-a-... diligent.com ? resources ? blog ? what-is-a-...
Proxy statements describe matters up for shareholder vote, and include management and executive compensation information if the shareholders are voting for the election of directors.