other
confidence high
sentiment neutral
materiality 0.30
FactSet adopts proxy access bylaw allowing shareholder director nominations
FACTSET RESEARCH SYSTEMS INC
- Board adopted Proxy Access Provision effective Sept 27, 2021.
- Allows stockholder(s) owning ≥3% of outstanding stock for ≥3 years to nominate up to 2 or 20% of board (greater).
- Nominees must meet independence and eligibility requirements.
- Group size limited to 20 stockholders.