Remove 2024 Remove Equity Remove Total Shareholder Return
article thumbnail

2024 Proxy Season Review: Compensation-Related Matters

Harvard Corporate Governance

Rabinowitz, Sullivan & Cromwell LLP, on Thursday, September 19, 2024 Editor's Note: June M. Posted by June M. Hu, Brittney G. Kidwell, and Rebecca M. Hu is a Special Counsel, and Brittney G. Kidwell and Rebecca M. Rabinowitz are Associates at Sullivan & Cromwell LLP. This post is based on a Sullivan & Cromwell memorandum by Ms.

article thumbnail

2024 U.S. Proxy Season: Recent Proxy and Annual Report Developments

Harvard Corporate Governance

According to C&DI 120.26, companies, including SRCs, with a December 31 fiscal year-end do not need to provide these annual disclosures until their Form 10-K or 20-F for the fiscal year ending December 31, 2024. Quarterly Disclosures.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Skadden Discusses New SEC Pay-Versus-Performance Compliance & Disclosure Interpretations

Reynolds Holding

With respect to a registrant providing initial Pay versus Performance disclosure in its 2023 proxy statement for three years (as permitted by Instruction 1 to Item 402(v) of Regulation S-K), may the registrant present the peer group total shareholder return for each of the three years using the 2022 peer group? Answer: No.

article thumbnail

First Advantage to Acquire Sterling Check Corp. for $2.2 Billion in Cash and Stock

Benzinga

29, 2024 (GLOBE NEWSWIRE) -- First Advantage Corporation (NASDAQ: FA ), a leading provider of employment background screening, identity, and verification solutions, announced today that it has entered into a definitive purchase agreement to acquire Sterling Check Corp.

article thumbnail

Cooley’s 2023 Activism Year in Review: Wolfpacks at the Gate

Cooley M&A

As we look ahead to the 2024 proxy season (and beyond), let’s review the key 2023 trends and developments from activism playbooks, with a sharp focus on the ever-changing landscape in the technology and healthcare sectors. Momentum building for 2024? 4] Activists won 134 board seats globally in 2023, a 30% increase from 2022.

article thumbnail

First Advantage Reports Full Year and Fourth Quarter 2023 Results

Benzinga

Introduces Full Year 2024 Guidance Announces Agreement to Acquire Sterling Check Corp. The transaction is expected to close in approximately the third quarter of 2024, with the closing and timing thereof subject to required regulatory approvals, clearances, and other customary closing conditions. million and total debt of $564.7

EBITDA 40
article thumbnail

Davis Polk Discusses NYSE and Nasdaq Clawback Rule Proposal

Reynolds Holding

If the Effective Date is November 28, 2023, then the deadline to comply will be January 27, 2024. Financial reporting measures also include stock price and total shareholder return (TSR). 3 Example : If the restatement is required in 2027, then the clawback would apply to compensation received in 2024, 2025 and 2026.A