Illinois Proxy Statement - University National Bank and Trust Co.
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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.
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.
Shareholders who do not attend the Annual General Meeting (AGM) of a company may vote their shares through a proxy, by authorising someone else to cast votes on their behalf, or may vote by email.
The proxy solicitation process allows shareholders to exercise their voting rights without being physically present at the shareholders' meeting.
A preliminary proxy statement, or SEC Form PRE 14A, notifies shareholders of a vote and includes all the context shareholders need to make an informed decision about their vote. Companies usually file a preliminary proxy statement 10 days before the definitive proxy statement or SEC Form DEF 14A.