other
confidence high
sentiment neutral
materiality 0.15
TriCo Bancshares board sets annual say-on-pay votes through at least 2029
TRICO BANCSHARES /
- Board determined, consistent with shareholder advisory vote, to hold say-on-pay proposals each year.
- Shareholder vote: 22.8M shares favored one year, 1.8M for three years, 226k for two years.
- Next advisory vote on frequency must occur no later than the 2029 annual meeting.
- Decision follows 87% turnout at May 18, 2023 annual meeting (28.8M shares represented).
- Amendment filed solely to disclose board's frequency determination; no other changes to prior 8-K.