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Ford Motor | DEFA14A: Others

SEC announcement ·  Apr 6 04:39
Summary by Futu AI
Ford Motor Company has filed a supplement to its definitive proxy statement with the U.S. Securities and Exchange Commission (SEC) on April 5, 2024. This supplement pertains to the 2024 Annual Meeting of Stockholders scheduled for May 9, 2024, which will be held virtually. The supplement updates the voting recommendations and required approval section of the proxy materials, specifically revising the information under the subheading 'Voting recommendations and required approval.' The Board recommends votes for the election of directors, ratification of the accounting firm, approval of executive compensation (Say-on-Pay), and approval of the 2024 Stock Plan for Non-Employee Directors. It recommends voting against shareholder proposals. The supplement clarifies that abstentions count as 'shares present' for quorum purposes and that broker non-votes...Show More
Ford Motor Company has filed a supplement to its definitive proxy statement with the U.S. Securities and Exchange Commission (SEC) on April 5, 2024. This supplement pertains to the 2024 Annual Meeting of Stockholders scheduled for May 9, 2024, which will be held virtually. The supplement updates the voting recommendations and required approval section of the proxy materials, specifically revising the information under the subheading 'Voting recommendations and required approval.' The Board recommends votes for the election of directors, ratification of the accounting firm, approval of executive compensation (Say-on-Pay), and approval of the 2024 Stock Plan for Non-Employee Directors. It recommends voting against shareholder proposals. The supplement clarifies that abstentions count as 'shares present' for quorum purposes and that broker non-votes will not affect the vote outcome except for the ratification of the accounting firm. The supplement does not change the proposals to be acted upon at the Annual Meeting, and stockholders who have already voted do not need to take any action unless they wish to change their vote. The supplement should be read in conjunction with the 2024 Proxy Statement.

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