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SEC Form DEF 14A also called a definitive proxy statement, is intended to furnish security holders with adequate information to be able to vote confidently at an upcoming shareholders' meeting. Form DEF 14A is most commonly used with an annual meeting proxy and filed in advance of a company's annual meeting.
A proxy statement is a document filed by public-traded companies before annual or special shareholder meetings to give shareholders the necessary information to make informed votes on board business.
SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934.
Proxy statements must disclose the company's voting procedure, nominated candidates for its board of directors, and compensation of directors and executives.
A proxy is a document giving one party the authority to act for another party, typically the power to vote shares of the common stock.
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.
Rule 14a-4(f)61 forbids any person conducting a proxy solicitation to deliver a form of proxy, often referred to as a "proxy card," to a security holder unless it is accompanied or preceded by a proxy statement.
The average Corning executive compensation is $235,277 a year. The median estimated compensation for executives at Corning including base salary and bonus is $234,276, or $112 per hour. At Corning, the most compensated executive makes $700,000, annually, and the lowest compensated makes $50,000.