---
schema_version: "secwatch.filing_event.v1"
accession: "0001039828-23-000106"
form_type: "8-K"
ticker: "ANG-PD"
cik: "0001039828"
company_name: "American National Group Inc."
filed_at: "2023-06-14T23:59:59+00:00"
generated_at: "2026-06-14T00:50:19.780240+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# American Equity annual meeting: say-on-pay rejected 7:1, equity plan approved

## Summary
- Advisory say-on-pay failed: 5.99M for vs 47.96M against (for reference: 56.21M total shares voted).
- All four director nominees re-elected; Chapman serves until 2025, Howe and Kunkel until 2024, Hayes until 2026.
- 2023 Equity Incentive Plan approved with 52.68M for, 1.74M against, 0.26M abstain.
- Frequency of future say-on-pay advisory votes set at every 1 year (48.85M votes).
- Ratification of Ernst & Young as auditor received 56.11M for, 61k against.

## SEC filing metadata
- accession: 0001039828-23-000106
- form_type: 8-K
- ticker: ANG-PD
- cik: 0001039828
- company_name: American National Group Inc.
- filed_at: 2023-06-14T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1039828/000103982823000106/0001039828-23-000106-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1039828/000103982823000106/ael-20230608.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001039828-23-000106
- JSON: https://secwatch.observer/filing/0001039828-23-000106.json
- Plain text: https://secwatch.observer/filing/0001039828-23-000106.txt

## Key facts
- Shareholder Votes
  American National Group Inc. shareholders approved Election of Directors at the 2023-06-08 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-06-08
  source text: re-elected four Company directors. Nominee For Withheld Broker Non-Votes Total Joyce A. Chapman 31,838,672 14,627,870 9,744,241 56,210,783 Michael E. Hayes 54,221,918 454,503 1,534,362 56,210,783 Robert L. Howe 51,124,598 3,482,216 1,603,969 56,210,783 William R. Kunkel 50,490,720 4,044,388 1,675,675 56,210,783
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039828/000103982823000106/0001039828-23-000106-index.htm
- Shareholder Votes
  American National Group Inc. shareholders approved Approval of American Equity Investment Life Holding Company 2023 Equity Incentive Plan at the 2023-06-08 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-06-08
  source text: approved the American Equity Investment Life Holding Company 2023 Equity Incentive Plan For Against Abstain Broker Non-Votes Total 52,681,521 1,744,020 261,399 1,523,843 56,210,783
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039828/000103982823000106/0001039828-23-000106-index.htm
- Shareholder Votes
  American National Group Inc. shareholders approved Advisory vote on frequency of future say-on-pay votes at the 2023-06-08 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-06-08
  source text: voted, on an advisory basis, on the frequency of future advisory votes to approve the compensation paid to the Company’s future named executive officers as disclosed in the Company's future proxy statements. 1 Year 2 Years 3 Years Abstain Broker Non-Votes Total 48,853,551 66,521 5,612,087 154,805 1,523,819 56,210,783
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039828/000103982823000106/0001039828-23-000106-index.htm
- Shareholder Votes
  American National Group Inc. shareholders approved Ratification of Ernst & Young LLP as independent registered public accounting firm for 2023 at the 2023-06-08 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-06-08
  source text: ratified the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for 2023. For Against Abstain Broker Non-Votes Total 56,114,919 61,291 34,573 — 56,210,783
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039828/000103982823000106/0001039828-23-000106-index.htm
- Shareholder Votes
  American National Group Inc. shareholders rejected Advisory vote on executive compensation at the 2023-06-08 meeting.
  - Proposal: say on pay
  - Outcome: failed
  - Meeting: 2023-06-08
  source text: declined to approve, on an advisory basis, the compensation paid to the Company’s Named Executive Officers as disclosed in the Company’s 2023 Proxy Statement. For Against Abstain Broker Non-Votes Total 5,986,556 47,955,223 745,185 1,523,819 56,210,783
  evidence_url: https://www.sec.gov/Archives/edgar/data/1039828/000103982823000106/0001039828-23-000106-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.