8-K
filed April 19, 2024, 7:59 PM ET
ticker FITB
CIK 0000035527
other
confidence high
sentiment neutral
materiality 0.40
Fifth Third shareholders approve 2024 Incentive Compensation Plan authorizing up to 55M shares
FIFTH THIRD BANCORP
- Plan authorizes up to 55 million common shares for awards plus shares from cancellations/forfeitures under prior plans.
- All 16 director nominees re-elected; Deloitte & Touche ratified as auditor for 2024.
- Shareholders also approved the 2024 Employee Stock Purchase Plan and advisory vote on executive compensation.
- Plan effective April 16, 2024, after receiving shareholder approval at the annual meeting.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
FIFTH THIRD BANCORP shareholders approved Election of all members of the Board of Directors to serve until the Annual Meeting of Shareholders in 2025 at the 2024-04-16 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-04-16
Exact text from the filing
1. Election of all members of the Board of Directors to serve until the Annual Meeting of Shareholders in 2025:
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
FIFTH THIRD BANCORP shareholders approved Executive compensation at the 2024-04-16 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2024-04-16
Exact text from the filing
3. Executive compensation was approved by an advisory vote of the common shareholders and the Preferred Shareholders of 528,314,088 votes for, 23,403,249 votes against, and 1,162,549 abstain, with 71,067,013 broker non-votes.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
FIFTH THIRD BANCORP shareholders approved The proposal to approve the Fifth Third Bancorp 2024 Incentive Compensation Plan, including the issuance of shares of common stock authorized thereunder at the 2024-04-16 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2024-04-16
Exact text from the filing
4. The proposal to approve the Fifth Third Bancorp 2024 Incentive Compensation Plan, including the issuance of shares of common stock authorized thereunder, was approved by a vote of the common shareholders and the Preferred Shareholders of 526,807,750 votes for, 25,035,575 votes against, and 1,036,561 abstain, with 71,067,013 broker non-votes.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
FIFTH THIRD BANCORP shareholders approved The proposal to approve the Fifth Third Bancorp 2024 Employee Stock Purchase Plan, including the issuance of shares of common stock authorized thereunder at the 2024-04-16 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2024-04-16
Exact text from the filing
5. The proposal to approve the Fifth Third Bancorp 2024 Employee Stock Purchase Plan, including the issuance of shares of common stock authorized thereunder, was approved by a vote of the common shareholders and the Preferred Shareholders of 549,354,008 votes for, 2,794,645 votes against, and 731,233 abstain, with 71,067,013 broker non-votes.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
FIFTH THIRD BANCORP shareholders approved The ratification and appointment of the firm of Deloitte & Touche LLP to serve as the independent external audit firm for Fifth Third Bancorp for the year 2024 at the 2024-04-16 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-04-16
Exact text from the filing
2. The ratification and appointment of the firm of Deloitte & Touche LLP to serve as the independent external audit firm for Fifth Third Bancorp for the year 2024 was approved by a vote of the common shareholders and the Preferred Shareholders of 601,870,551 votes for, 21,617,048 votes against, and 459,300 abstain, with no broker non-votes.
View on SEC.gov
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