01—Abstract
Summary
Summary of the 8-K filed May 23, 2024. Cited figures are marked; the original filing is the authoritative source.
VeriSign, Inc. held its 2024 Annual Meeting of Stockholders on May 23, 2024, where stockholders voted on three proposals.
All eight director nominees were elected to serve until the next annual meeting or until a successor is elected and qualified. D. James Bidzos received 76,262,555 votes for, 4,675,352 against, and 2,320,061 abstaining, with 4,566,763 broker non-votes.
Kathleen A. Cote received the most opposition among nominees, with 14,950,132 votes against, and Roger H. Moore and Timothy Tomlinson also drew more than 11 million votes against each.
On a non-binding, advisory basis, stockholders approved the Company's executive compensation, with 76,928,082 votes for, 4,562,319 against, 1,767,567 abstaining, and 4,566,763 broker non-votes. Stockholders also ratified the selection of KPMG LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024, with 80,433,430 votes for, 5,883,099 against, and 1,508,202 abstaining. The filing reports only the outcomes of these shareholder votes and does not describe any other corporate actions or financial results.
02—Key points
Key Highlights
- Annual Meeting held May 23, 2024, with three proposals voted on by stockholders.
- All eight director nominees were elected, including D. James Bidzos, Courtney D. Armstrong, Yehuda Ari Buchalter, Kathleen A. Cote, Thomas F. Frist III, Jamie S. Gorelick, Roger H. Moore, and Timothy Tomlinson.
- Kathleen A. Cote drew the most opposition among nominees, with 14,950,132 votes against.
- Executive compensation was approved on a non-binding, advisory basis, with 76,928,082 votes for and 4,562,319 against.
- KPMG LLP was ratified as independent registered public accounting firm for the year ending December 31, 2024, with 80,433,430 votes for and 5,883,099 against.
- Broker non-votes of 4,566,763 were recorded on the director election and executive compensation proposals.
03—Questions
Frequently Asked Questions
When and where was VeriSign's 2024 Annual Meeting held?
The filing states that the 2024 Annual Meeting of Stockholders was held on May 23, 2024. It does not specify a location in this Item 5.07 disclosure.
Who was elected to the board of directors?
Stockholders elected eight nominees: D. James Bidzos, Courtney D. Armstrong, Yehuda Ari Buchalter, Kathleen A. Cote, Thomas F. Frist III, Jamie S. Gorelick, Roger H. Moore, and Timothy Tomlinson. Each will serve until the next annual meeting or until a successor is elected and qualified, or until earlier resignation or removal.
Did stockholders approve executive compensation?
Yes. On a non-binding, advisory basis, stockholders approved the Company's executive compensation, with 76,928,082 votes for, 4,562,319 against, 1,767,567 abstaining, and 4,566,763 broker non-votes.
Which independent accounting firm was ratified?
Stockholders ratified KPMG LLP as the Company's independent registered public accounting firm for the year ending December 31, 2024. The vote was 80,433,430 for, 5,883,099 against, and 1,508,202 abstaining.
Were any director nominees met with significant opposition?
Kathleen A. Cote received the most votes against, at 14,950,132, while still being elected. Roger H. Moore (11,170,092 against) and Timothy Tomlinson (11,640,936 against) also received substantial opposition relative to other nominees.
04—Continue