secwatch.observer — SEC 8-K summary
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Issuer:     NETFLIX INC (NFLX)
CIK:        0001065280
Form:       8-K
Filed at:   2023-06-06T23:59:59+00:00
Accession:  0001065280-23-000173
Event type: other_material
Sentiment:  negative
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Netflix 2023 annual meeting: say-on-pay fails with 71% against; all directors elected
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- Say-on-pay proposal not approved: 241.7M against vs 97.8M for (71% against).
- All four director nominees elected; Jay Hoag received 79.2M against votes (23% against).
- Ratification of Ernst & Young as auditor approved with 374.4M for.
- Shareholder proposals on special meeting reform, board exclusivity, 401(k) report, and freedom of association all defeated.
- Board determines future say-on-pay votes will be held annually.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065280/000106528023000173/0001065280-23-000173-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065280/000106528023000173/nflx-20230601.htm
  HTML page:      https://secwatch.observer/filing/0001065280-23-000173

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer