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Form PRE 14A is normally filed ten calendar days before a company files SEC Form DEF 14A, or a definitive proxy statement. However, not all shareholder votes require the company to file a preliminary proxy statement.
A proxy statement is a document that public companies must provide their shareholders prior to a shareholder meeting. The Securities and Exchange Commission (SEC) requires companies to file their proxy statement in compliance with Schedule 14A. Companies file proxy statements on a Form DEF 14A.
Proxy statements are intended for shareholders with voting rights, while annual reports are for anyone following the company. This may be shareholders, including potential investors, regulators, financial institutions and more.
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.
SEC Proxy Filing Requirements File proxy card, Notice of Internet Availability and other soliciting materials with the SEC. ... Submit annual report on EDGAR. ... Ensure clarity on the proxy card. ... Provide management's opposition statement to shareholder proposal proponents. ... Updates for universal proxy.
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.
The proxy rules require the company to provide certain disclosures in a proxy statement to its shareholders, together with a proxy card in a specified format, when soliciting authority to vote the shareholders' shares.