secwatch.observer — SEC 8-K summary
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Issuer:     ELI LILLY & Co (LLY)
CIK:        0000059478
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0000059478-26-000048
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Lilly shareholders re-elect directors, reject board declassification and supermajority proposals
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- Four directors (Bertozzi, Kaelin, Moeller, Ricks) elected; say-on-pay approved with 95.7% of votes cast.
- Board declassification proposal failed: 70.4% of outstanding shares voted for, short of 80% requirement.
- Supermajority elimination proposal also failed: 70.3% for, below 80% threshold.
- Shareholder proposal for independent board chair rejected (33.7% for).
- Ernst & Young ratified as auditor with 94.7% of votes cast.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/59478/000005947826000048/0000059478-26-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/59478/000005947826000048/lly-20260504.htm
  HTML page:      https://secwatch.observer/filing/0000059478-26-000048

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer