AI English summary of an SEC filing — figures as filed
The company said director Donald L. Nickles retired from the board on May 15, 2024 under the terms of its director retirement policy. It said this had been announced previously.
Key points
AI summaryThe company said director Donald L. Nickles retired from the board on May 15, 2024 under the terms of its director retirement policy. It said this had been announced previously.
The company said all director nominees were approved at its annual meeting of stockholders on May 15, 2024. Support ranged from 91.19% for Deborah P. Majoras to 98.91% for Eric D. Mullins.
The company said its advisory vote on executive compensation for 2023 was approved with 94.90% of votes cast in favor. It also said the proposal to ratify KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2024 was approved with 97.22% in favor.
Valero said it entered into Stock Unit Award Agreements worth $200,000 with its non-employee directors who were re-elected on May 15, 2024. Each stock unit represents the right to receive one share of Valero common stock, and the units are scheduled to become nonforfeitable, meaning they are not subject to forfeiture, on the date of Valero's 2025 annual meeting of stockholders.
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.
Director Donald L. Nickles Retires
The company said director Donald L. Nickles retired from the board on May 15, 2024 under the terms of its director retirement policy. It said this had been announced previously.
Source · Based on the filing body and exhibits
2024 Annual Meeting Director Election Results
The company said all director nominees were approved at its annual meeting of stockholders on May 15, 2024. Support ranged from 91.19% for Deborah P. Majoras to 98.91% for Eric D. Mullins.
Source · Based on the filing body and exhibits
Say-on-Pay Advisory Vote and KPMG LLP Ratification
The company said its advisory vote on executive compensation for 2023 was approved with 94.90% of votes cast in favor. It also said the proposal to ratify KPMG LLP as independent registered public accounting firm for the fiscal year ending December 31, 2024 was approved with 97.22% in favor.
Source · Based on the filing body and exhibits
Stock Unit Awards to Non-Employee Directors
Valero said it entered into Stock Unit Award Agreements worth $200,000 with its non-employee directors who were re-elected on May 15, 2024. Each stock unit represents the right to receive one share of Valero common stock, and the units are scheduled to become nonforfeitable, meaning they are not subject to forfeiture, on the date of Valero's 2025 annual meeting of stockholders.
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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