Advisory vote on named executive officer compensation

The matter

Holders cast an advisory vote on the compensation of the company's named executive officers. Abstentions and broker non-votes are not counted as votes cast, so they do not affect the result.

Standard at the meeting

Majority of the votes properly cast and entitled to vote thereon

An abstention

has no effect

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