8-K
filed May 8, 2024, 7:59 PM ET
ticker PHM
CIK 0000822416
other material
confidence high
sentiment positive
materiality 0.40
PulteGroup shareholders eliminate 69.3% supermajority voting requirements
PULTEGROUP INC/MI/
- Proposal 4 passed with 174.1M for vs 522K against, reducing supermajority to majority of outstanding shares.
- Amendment removes 69.3% vote requirement for business combinations and Article X/XI amendments.
- All 11 director nominees elected; Ernst & Young ratified as auditor; say-on-pay approved.
- Changes effective May 6, 2024; filed with Michigan LARA.
Key facts
Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
PULTEGROUP INC/MI/: Eliminated supermajority (69.3%) voting requirements in Articles X and XI of the Restated Articles of Incorporation, replacing them with majority-of-outstanding-shares vote requirements for business combinations and future amendments (effective 2024-05-06).
- Change
- charter amendment
- Effective
- 2024-05-06
Exact text from the filing
The Amendment provides that: (i) in the case of the applicable portions of Article X, certain business combinations with interested shareholders shall be approved by a majority of the outstanding shares of the Company entitled to vote on the proposed business combination
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
PULTEGROUP INC/MI/ shareholders approved Advisory Vote to Approve Executive Compensation at the 2024-05-06 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2024-05-06
Exact text from the filing
The Company’s shareholders approved, on an advisory basis, the compensation of the Company’s named executive officers by the votes set forth below.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.99
PULTEGROUP INC/MI/ shareholders approved Ratification of Appointment of Ernst & Young LLP as the Independent Registered Public Accounting Firm for 2024 at the 2024-05-06 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2024-05-06
Exact text from the filing
The appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2024 was ratified by the Company’s shareholders by the votes set forth below.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.98
PULTEGROUP INC/MI/ shareholders approved Amendment of the Company’s Articles of Incorporation to Eliminate the 69.3% Supermajority Voting Requirements in Article X and Article XI at the 2024-05-06 meeting.
- Proposal
- charter amendment
- Outcome
- passed
- Meeting
- 2024-05-06
Exact text from the filing
The Company’s shareholders approved an amendment of the Company’s Articles of Incorporation to eliminate the 69.3% supermajority voting requirements in Article X and Article XI by the votes set forth below.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
PULTEGROUP INC/MI/ shareholders approved Election of Directors at the 2024-05-06 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2024-05-06
Exact text from the filing
All eleven of the directors nominated by the Company’s Board of Directors to serve as directors of the Company were elected by the Company’s shareholders, each to serve for a term which expires at our 2025 annual meeting of shareholders, and each to hold office until his or her successor is elected and qualified or until the director’s earlier death, resignation, retirement, disqualification or removal, by the votes set forth below.
View on SEC.gov
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