8-K
filed April 19, 2024, 7:59 PM ET
ticker ADBE
CIK 0000796343
other material
confidence high
sentiment neutral
materiality 0.40
Adobe stockholders approve 5M share increase in equity plan; all director nominees elected
ADOBE INC.
- Stockholders approved amendment to 2019 Equity Incentive Plan, increasing share reserve by 5,000,000 shares.
- All 12 director nominees were elected; votes for ranged from approximately 318.9M to 348.6M.
- KPMG ratified as independent auditor for fiscal 2024 with 363.8M votes in favor.
- Advisory say-on-pay resolution approved with 297.3M votes for, 53.0M against.
- Two stockholder proposals defeated: mandatory director resignation policy (71.4M for) and hiring report on arrest/incarceration records (47.8M for).
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
ADOBE INC. shareholders approved Approve, on an advisory basis, the compensation of our named executive officers at the 2024-04-17 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2024-04-17
Exact text from the filing
Approve, on an advisory basis, the compensation of our named executive officers.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
ADOBE INC. shareholders approved Elect twelve members of the Board of Directors at the 2024-04-17 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-04-17
Exact text from the filing
At the Annual Meeting, held on April 17, 2024, the Company’s stockholders approved proposals one through four and did not approve proposals five through six listed below.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
ADOBE INC. shareholders approved Approve the 2019 Plan to increase the available share reserve by 5 million shares at the 2024-04-17 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2024-04-17
Exact text from the filing
Approve the 2019 Plan to increase the available share reserve by 5 million shares.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
ADOBE INC. shareholders rejected Stockholder proposal concerning a report on hiring of persons with arrest or incarceration records at the 2024-04-17 meeting.
- Outcome
- failed
- Meeting
- 2024-04-17
Exact text from the filing
Vote upon a stockholder proposal concerning a report on hiring of persons with arrest or incarceration records.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
ADOBE INC. shareholders rejected Stockholder proposal concerning a mandatory director resignation policy at the 2024-04-17 meeting.
- Outcome
- failed
- Meeting
- 2024-04-17
Exact text from the filing
Vote upon a stockholder proposal concerning a mandatory director resignation policy.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 1.0
ADOBE INC. shareholders approved Ratify the appointment of KPMG LLP as our independent registered public accounting firm for our fiscal year ending on November 29, 2024 at the 2024-04-17 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-04-17
Exact text from the filing
Ratify the appointment of KPMG LLP as our independent registered public accounting firm for our fiscal year ending on November 29, 2024.
View on SEC.gov
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