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General Dynamics logoGeneral Dynamics GD

General Dynamics said all 13 board nominees were elected in an uncontested election at the annual shareholder meeting held on May 1, 2024. Cecil D. Haney received the most votes against among the nominees, with 23,210,633 votes against.

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

Key points

AI summary
  1. General Dynamics said all 13 board nominees were elected in an uncontested election at the annual shareholder meeting held on May 1, 2024. Cecil D. Haney received the most votes against among the nominees, with 23,210,633 votes against.

  2. The company said shareholders approved, on an advisory basis, the selection of KPMG LLP as independent auditor for 2024. The vote was 237,905,657 for, 6,951,869 against and 234,627 abstentions.

  3. The company said shareholders approved, on an advisory basis, the compensation paid to its named executive officers. The vote was 210,546,455 for, 8,966,442 against, 490,719 abstentions and 25,088,537 broker non-votes.

  4. The company said shareholders rejected a shareholder proposal asking the Board to adopt a policy requiring shareholder approval of new or renewed executive pay packages providing golden parachute payments with an estimated value above 2.99 times the executive's base salary plus target short-term bonus. The vote was 7,814,766 for and 211,571,501 against.

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.

Election of 13 directors results

General Dynamics said all 13 board nominees were elected in an uncontested election at the annual shareholder meeting held on May 1, 2024. Cecil D. Haney received the most votes against among the nominees, with 23,210,633 votes against.

Source · Based on the filing body and exhibits

Advisory vote on KPMG LLP as auditor

The company said shareholders approved, on an advisory basis, the selection of KPMG LLP as independent auditor for 2024. The vote was 237,905,657 for, 6,951,869 against and 234,627 abstentions.

Source · Based on the filing body and exhibits

Advisory approval of executive pay

The company said shareholders approved, on an advisory basis, the compensation paid to its named executive officers. The vote was 210,546,455 for, 8,966,442 against, 490,719 abstentions and 25,088,537 broker non-votes.

Source · Based on the filing body and exhibits

Shareholder proposal on golden parachutes rejected

The company said shareholders rejected a shareholder proposal asking the Board to adopt a policy requiring shareholder approval of new or renewed executive pay packages providing golden parachute payments with an estimated value above 2.99 times the executive's base salary plus target short-term bonus. The vote was 7,814,766 for and 211,571,501 against.

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.