AI English summary of an SEC filing — figures as filed
Valero said director Robert A. Profusek retired from the board on May 6, 2025, in line with Valero's director retirement policy.
Key points
AI summaryValero said director Robert A. Profusek retired from the board on May 6, 2025, in line with Valero's director retirement policy.
The company said all director nominees were elected at its May 6, 2025 annual meeting of stockholders. Support ranged from 92.82% for Deborah P. Majoras to 99.25% for Marie A. Ffolkes, and terms run until the 2026 annual meeting.
The company said the 2024 advisory vote on executive compensation (Proposal 2) was approved with 74.78% of votes cast in favor. The proposal to ratify KPMG LLP as independent registered public accounting firm for the fiscal year ending December December 31, 2025 (Proposal 3) was approved with 96.03% in favor.
Valero said it entered into stock unit award agreements on May 6, 2025 with each non-employee director who was re-elected. The awards are valued at $200,000 and vest at the 2026 annual meeting of stockholders, followed by an additional 1-year holding period.
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.
Robert A. Profusek Retires from Valero Board
Valero said director Robert A. Profusek retired from the board on May 6, 2025, in line with Valero's director retirement policy.
Source · Based on the filing body and exhibits
Director Election Voting Results
The company said all director nominees were elected at its May 6, 2025 annual meeting of stockholders. Support ranged from 92.82% for Deborah P. Majoras to 99.25% for Marie A. Ffolkes, and terms run until the 2026 annual meeting.
Source · Based on the filing body and exhibits
Compensation and Auditor Proposal Voting Results
The company said the 2024 advisory vote on executive compensation (Proposal 2) was approved with 74.78% of votes cast in favor. The proposal to ratify KPMG LLP as independent registered public accounting firm for the fiscal year ending December December 31, 2025 (Proposal 3) was approved with 96.03% in favor.
Source · Based on the filing body and exhibits
Stock Unit Grants to Re-elected Directors
Valero said it entered into stock unit award agreements on May 6, 2025 with each non-employee director who was re-elected. The awards are valued at $200,000 and vest at the 2026 annual meeting of stockholders, followed by an additional 1-year holding period.
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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