Advisory vote on named executive officer compensation

The matter

Holders cast a non-binding advisory vote on the compensation of the company's named executive officers. Unless the board changes its policy on how often it holds this vote, the next one is scheduled for the 2027 annual meeting.

Standard at the meeting

Majority of the voting power of the shares present in person or represented by proxy and entitled to vote on the matter

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