Incentive shares – shareholders have a right to know their distribution. Meta, Amazon, and Repligen argue against disclosure. Working mostly from the same template, they argue distribution of shares to employees is “ordinary business” and “does not focus on any significant policy issue that transcends the company’s ordinary business operations.” I submitted similar proposals to […]
SLB 14L, issued on November 3, 2021, will reduce the costs and uncertainties for both shareholders and boards associated with shareholder proposals. Shareholders will be able to get to the point on important environmental, social, and governance (ESG) issues without so much careful word crafting by attorneys. Companies will not waste time on expensive analysis […]
SLB 14I (CF): Issued During 28th Annual SRI Conference The latest SEC Staff Legal Bulletin, SLB 14I (CF), was issued on November 1, while 800 attended the 28th Annual SRI Conference in San Diego. I was flipping though the agenda when I got an email from a Bloomberg reporter asking for feedback on SLB 14I, which […]