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proxy statement
noun
- a statement containing information, frequently exhaustive, about a corporation, its officers, and any propositions to be voted on, sent to stockholders when their proxies are being solicited for an annual or a special stockholders' meeting.
Example Sentences
The company said in its proxy statement that management succession planning âremains a top priority for the board.â
One proposal on the companyâs proxy statement is an item from the National Center for Public Policy Research, a conservative think tank that is calling on Disney to reconsider its participation in the Human Rights Campaignâs corporate equality index.
Apple, for example, disclosed in its 2024 proxy statement that in 2023 it âactually paidâ $106.6 million to Cook â but it also stated that the figure âdoes not represent cash or equity value realized or paidâ to Cook, or to the companyâs four other top executives.
Tesla disclosed in its proxy statement in April that the compensation it âactually paidâ Musk came to $1.4 billion in 2023.
The response from Issaquah, Wash.-based Costco came in the Dec. 11 proxy statement for its annual shareholder meeting, scheduled for Jan. 23.
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