---
schema_version: "secwatch.filing_event.v1"
accession: "0001062822-23-000026"
form_type: "8-K/A"
ticker: "LXRX"
cik: "0001062822"
company_name: "LEXICON PHARMACEUTICALS, INC."
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T12:02:26.310096+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Lexicon board sets annual say-on-pay votes after shareholders favored 1-year frequency

## Summary
- At April 27, 2023 annual meeting, option of every 1 year received the highest votes for advisory vote frequency.
- Board determined future advisory votes on executive compensation will occur annually until next required frequency vote.
- Next required advisory vote on frequency of say-on-pay is required every six years.
- Filing is an amendment to prior 8-K solely to disclose this board decision.

## SEC filing metadata
- accession: 0001062822-23-000026
- form_type: 8-K/A
- ticker: LXRX
- cik: 0001062822
- company_name: LEXICON PHARMACEUTICALS, INC.
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1062822/000106282223000026/0001062822-23-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1062822/000106282223000026/formaannualshareholdersmee.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001062822-23-000026
- JSON: https://secwatch.observer/filing/0001062822-23-000026.json
- Plain text: https://secwatch.observer/filing/0001062822-23-000026.txt

## Key facts
- Shareholder Votes
  LEXICON PHARMACEUTICALS, INC. shareholders approved Advisory vote on the frequency of future advisory votes on executive compensation at the 2023-04-27 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-04-27
  source text: In accordance with the voting results from our annual meeting of stockholders held on April 27, 2023, at which our board of directors recommended that stockholders vote for the option of every “1 Year” as the preferred frequency for future advisory votes on compensation paid to our named executive officers, and every “1 Year” received the highest number of votes cast on such advisory vote
  evidence_url: https://www.sec.gov/Archives/edgar/data/1062822/000106282223000026/0001062822-23-000026-index.htm

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