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Proxy access, a mechanism that enables shareholders to place their nominees for director on a company's proxy card, gives shareholders a meaningful voice in board elections. In 2015, proxy access was just beginning to come into widespread adoption on a company-by-company basis.
A proxy statement is a document containing the information the Securities and Exchange Commission (SEC) requires companies to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual or special stockholder meeting.
SEC Form DEF 14A, also known as a "definitive proxy statement," is a required filing when a shareholder vote is required. The Form DEF 14A outlines the list of items up for vote by shareholders, such as the hiring of new directors or other business decisions.
A proxy statement is a document containing the information the Securities and Exchange Commission (SEC) requires companies to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual or special stockholder meeting.
Key Takeaways. A proxy is an agent legally authorized to act on behalf of another party. The proxy may also allow an investor to vote without being physically present at the annual shareholder's meeting.
These rules get their name from the common practice of management asking shareholders to provide them with a document called a proxy card granting authority to vote the shareholders' shares at the meeting.
A proxy server acts as a gateway between you and the internet. It's an intermediary server separating end users from the websites they browse. Proxy servers provide varying levels of functionality, security, and privacy depending on your use case, needs, or company policy.
SEC Form PRE 14A, also known as a preliminary proxy statement, is a form that must be filed with the Securities and Exchange Commission (SEC) by or on behalf of a registrant when a shareholder vote is required on an issue not related to a contested matter or merger/acquisition.