secwatch.observer — SEC 8-K summary
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Issuer:     MCKESSON CORP (MCK)
CIK:        0000927653
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0000927653-23-000023
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

McKesson board adopts bylaw amendments tightening stockholder proposal and nomination rules
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- Stockholders must maintain ownership through meeting date; special meeting requests require record-date holder status and compliance with Rule 14a-19.
- Board gains ability to postpone, reschedule, or cancel previously scheduled stockholder meetings at any time.
- Additional disclosure required: text of proposals, participants in solicitation, costs borne, and certification of compliance with securities laws.
- Indemnification claims: 60-day waiting period before suit (20-day for advancement); advancement clarified for investigation-related expenses.
- Amendments conform to DGCL updates on remote meetings, stockholder list, board emergency powers, and uncertificated shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/927653/000092765323000023/0000927653-23-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/927653/000092765323000023/mck-20230426.htm
  HTML page:      https://secwatch.observer/filing/0000927653-23-000023

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