Advisory vote on the compensation of named executive officers

The matter

Holders cast a non-binding advisory vote on the compensation paid to the company's named executive officers. The outcome does not bind the company or the board, but the compensation committee says it will weigh the result when reviewing pay practices.

Standard at the meeting

Majority of the shares present or represented by proxy and entitled to vote on the proposal

An abstention

counts as a vote against

A broker non-vote

has no effect

Routine for brokers

no

Read from that filing/where the two differ, the filing governs/the board recommendation is context and changes no record

Intent, not a shareholder vote/weights are re-read at the cutoff, and can only fall