Stride amends bylaws to tighten advance notice, proxy solicitation rules

Stride, Inc.

Board adopted Fifth Amended and Restated Bylaws on Aug 9, 2023.
Revised advance notice requires stockholders to disclose ownership details and allows Board to request additional info.
Stockholders limited to nominating no more director candidates than seats up for election at the meeting.
Universal proxy rules enforced: only Board's white proxy card for soliciting proxies; Rule 14a-19 compliance required.
Company gains right to file action against stockholders who violate exclusive forum provisions.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Stride, Inc.: Amended and restated bylaws to revise advance notice requirements, add disclosure obligations for stockholder proposals and director nominations, update and supplement information as of record date and ten business days before meeting, allow board to reject improperly brought business, limit directo (effective 2023-08-09).

Change: bylaw amendment
Effective: 2023-08-09

Exact text from the filing

On August 9, 2023, the Board of Directors (the “Board”) of Stride, Inc. (the “Company”) approved and adopted amendments to, and a restatement of, the Company’s Fourth Amended and Restated Bylaws (as so amended and restated, the “Bylaws”).

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Stride, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-089290

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