AI English summary of an SEC filing — figures as filed
D.R. Horton DHID.R. Horton said stockholders approved the 2024 Stock Incentive Plan at the annual meeting held on January 17, 2024, authorizing 18,900,000 new shares for awards under the plan. The board approved the plan on December 12, 2023.
Key points
AI summaryD.R. Horton said stockholders approved the 2024 Stock Incentive Plan at the annual meeting held on January 17, 2024, authorizing 18,900,000 new shares for awards under the plan. The board approved the plan on December 12, 2023.
The company said stockholders approved the 2024 Stock Incentive Plan under Proposal Four, with 277,422,425 votes for, 10,751,732 against, 141,374 abstentions and 15,831,250 broker non-votes.
The company said 304,146,781 of the 332,999,691 shares eligible to vote were represented in person or by proxy at the annual meeting held on January 17, 2024, and that 8 director nominees were elected to serve until the 2025 annual meeting.
The company said its advisory vote on executive compensation was approved, with 256,237,053 votes for and 31,901,467 against. It said a majority of stockholders chose an annual vote on executive compensation over the 1-year and 281,132,247-year options, so it will hold the vote annually, once every 1 year.
Summary
AI-writtenAnalysis 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.
D.R. Horton Stockholders Approve 2024 Stock Incentive Plan and New Share Authorization
D.R. Horton said stockholders approved the 2024 Stock Incentive Plan at the annual meeting held on January 17, 2024, authorizing 18,900,000 new shares for awards under the plan. The board approved the plan on December 12, 2023.
Source · Based on the filing body and exhibits
Results of Proposals Voted on at 2024 Stock Incentive Plan Meeting
The company said stockholders approved the 2024 Stock Incentive Plan under Proposal Four, with 277,422,425 votes for, 10,751,732 against, 141,374 abstentions and 15,831,250 broker non-votes.
Source · Based on the filing body and exhibits
Shares Represented at Annual Meeting and Election of 8 Directors
The company said 304,146,781 of the 332,999,691 shares eligible to vote were represented in person or by proxy at the annual meeting held on January 17, 2024, and that 8 director nominees were elected to serve until the 2025 annual meeting.
Source · Based on the filing body and exhibits
Advisory Say-on-Pay Vote Results and Annual Vote Frequency Set at 1 Year
The company said its advisory vote on executive compensation was approved, with 256,237,053 votes for and 31,901,467 against. It said a majority of stockholders chose an annual vote on executive compensation over the 1-year and 281,132,247-year options, so it will hold the vote annually, once every 1 year.
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.
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