Advisory vote on named executive officer compensation

The matter

Holders cast an advisory, non-binding vote on the compensation of the company's named executive officers. The board and the compensation committee say they will consider the result when making future pay decisions.

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