Proxy Statement (DEF 14A)
A proxy statement (DEF 14A) is the document a US company sends shareholders before its annual meeting, detailing votes, pay, and board matters.
What it is
A proxy statement, filed with the SEC as Form DEF 14A, is the disclosure sent to shareholders ahead of the annual meeting so they can vote on company matters. It lays out the board of directors up for election, executive compensation, auditor ratification, and any shareholder proposals. The 'DEF' stands for 'definitive,' meaning the final version sent to investors.
Why it matters
The proxy is the main window into corporate governance and executive pay, two areas the financial statements barely touch. It shows how much top executives earn, how pay links to performance, and who sits on the board. Investors use it to assess alignment between management and shareholders, and to inform their proxy votes.
How it's calculated
Not a calculated metric; it is a required disclosure filed before a shareholder meeting. The definitive version (DEF 14A) follows any preliminary version (PRE 14A) and must be filed and distributed ahead of the meeting date.
How Quintarthai uses it
Governance and compensation context from proxy filings can inform Quinn's qualitative analysis, alongside the financial figures shown on the company page. Open a company page to review the analysis.