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AI English summary of an SEC filing — figures as filed

Baxter International logoBaxter International BAX

The company said it held its annual meeting of stockholders on May 6, 2025, and that 481,459,559 of the 512,972,866 shares outstanding and entitled to vote were represented, a quorum of approximately 93.9%.

8-KSubmission of Matters to a Vote of Security HoldersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said it held its annual meeting of stockholders on May 6, 2025, and that 481,459,559 of the 512,972,866 shares outstanding and entitled to vote were represented, a quorum of approximately 93.9%.

  2. The company said all 10 director nominees were elected. For William A. Ampofo II, there were 443,626,359 votes in favor; for Cathy R. Smith, 414,101,964 votes in favor. Against votes were 23,105,756 for Brent Shafer and 31,783,791 for Cathy R. Smith.

  3. The company said stockholders approved, on an advisory basis, the compensation paid to its named executive officers for 2024, with 405,175,420 votes for and 40,433,760 against. It added that stockholders ratified the appointment of PricewaterhouseCoopers LLP as its independent registered public accounting firm for 2025, with 444,504,942 votes for and 36,562,809 against.

  4. The company said a stockholder proposal relating to executives retaining significant stock was not approved, with 165,047,077 votes for, 280,186,597 against and 956,107 abstentions.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

2025 Annual Meeting Stockholder Vote and Quorum

The company said it held its annual meeting of stockholders on May 6, 2025, and that 481,459,559 of the 512,972,866 shares outstanding and entitled to vote were represented, a quorum of approximately 93.9%.

Source · Based on the filing body and exhibits

Ten Director Nominees Elected

The company said all 10 director nominees were elected. For William A. Ampofo II, there were 443,626,359 votes in favor; for Cathy R. Smith, 414,101,964 votes in favor. Against votes were 23,105,756 for Brent Shafer and 31,783,791 for Cathy R. Smith.

Source · Based on the filing body and exhibits

Advisory Say-on-Pay Vote and Auditor Ratification Approved

The company said stockholders approved, on an advisory basis, the compensation paid to its named executive officers for 2024, with 405,175,420 votes for and 40,433,760 against. It added that stockholders ratified the appointment of PricewaterhouseCoopers LLP as its independent registered public accounting firm for 2025, with 444,504,942 votes for and 36,562,809 against.

Source · Based on the filing body and exhibits

Stockholder Proposal on Executive Stock Retention Fails

The company said a stockholder proposal relating to executives retaining significant stock was not approved, with 165,047,077 votes for, 280,186,597 against and 956,107 abstentions.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.