secwatch / observer

8-K filed May 3, 2024, 7:59 PM ET ticker IBM CIK 0000051143

other material confidence high sentiment neutral materiality 0.15

IBM shareholders elect all directors, back say-on-pay, reject all six proposals

INTERNATIONAL BUSINESS MACHINES CORP

All 13 director nominees elected; A.N. Liveris received 116M against votes (highest opposition).
Ratification of PwC as independent auditor passed with ~94% support.
Advisory vote on executive compensation (say-on-pay) approved with 92.2% of votes cast.
All six stockholder proposals (lobbying, China, written consent, climate, GHG) failed, each with <44% support.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

INTERNATIONAL BUSINESS MACHINES CORP shareholders rejected Stockholder Proposal Requesting a Public Report on Climate Lobbying at the 2024-04-30 meeting.

Outcome: failed
Meeting: 2024-04-30

Exact text from the filing

Stockholder Proposal Requesting a Public Report on Climate Lobbying: For 173,018,418 31.8 % Against 371,271,580 68.2 % Abstain 10,023,419 Broker Non-Votes 165,621,179

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

INTERNATIONAL BUSINESS MACHINES CORP shareholders approved Election of Directors for a Term of One Year at the 2024-04-30 meeting.

Proposal: director election
Outcome: passed
Meeting: 2024-04-30

Exact text from the filing

ELECTION OF DIRECTORS FOR A TERM OF ONE YEAR:

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

INTERNATIONAL BUSINESS MACHINES CORP shareholders rejected Stockholder Proposal Requesting a Right to Act by Written Consent at the 2024-04-30 meeting.

Outcome: failed
Meeting: 2024-04-30

Exact text from the filing

Stockholder Proposal Requesting a Right to Act by Written Consent: For 234,933,934 43.0 % Against 311,348,314 57.0 % Abstain 8,031,169 Broker Non-Votes 165,621,179

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

INTERNATIONAL BUSINESS MACHINES CORP shareholders rejected Stockholder Proposal Requesting a Public Report on Congruency in China Business Operations and ESG Activities at the 2024-04-30 meeting.

Outcome: failed
Meeting: 2024-04-30

Exact text from the filing

Stockholder Proposal Requesting a Public Report on Congruency in China Business Operations and ESG Activities: For 30,503,524 5.6 % Against 510,744,179 94.4 % Abstain 13,065,714 Broker Non-Votes 165,621,179

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

INTERNATIONAL BUSINESS MACHINES CORP shareholders rejected Stockholder Proposal Requesting a Public Report on Lobbying Activities at the 2024-04-30 meeting.

Outcome: failed
Meeting: 2024-04-30

Exact text from the filing

Stockholder Proposal Requesting a Public Report on Lobbying Activities: For 205,744,327 37.7 % Against 339,591,652 62.3 % Abstain 8,977,438 Broker Non-Votes 165,621,179

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

INTERNATIONAL BUSINESS MACHINES CORP shareholders rejected Stockholder Proposal Requesting the Adoption of Greenhouse Gas Emissions Targets at the 2024-04-30 meeting.

Outcome: failed
Meeting: 2024-04-30

Exact text from the filing

Stockholder Proposal Requesting the Adoption of Greenhouse Gas Emissions Targets: For 167,713,913 30.8 % Against 377,376,761 69.2 % Abstain 9,222,743 Broker Non-Votes 165,621,179

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

INTERNATIONAL BUSINESS MACHINES CORP shareholders approved Management Proposal on Advisory Vote on Executive Compensation (Say on Pay) at the 2024-04-30 meeting.

Proposal: say on pay
Outcome: passed
Meeting: 2024-04-30

Exact text from the filing

Management Proposal on Advisory Vote on Executive Compensation (Say on Pay): For 505,017,498 92.2 % Against 42,956,786 7.8 % Abstain 6,339,133 Broker Non-Votes 165,621,179

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

INTERNATIONAL BUSINESS MACHINES CORP shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2024-04-30 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2024-04-30

Exact text from the filing

Ratification of Appointment of Independent Registered Public Accounting Firm: For 673,156,721 94.0 % Against 43,097,322 6.0 % Abstain 3,680,553

View on SEC.gov

210 shareholder votes filed in the last 30 days. Browse all shareholder votes →

INTERNATIONAL BUSINESS MACHINES CORP filing history →

Source: SEC EDGAR

accession 0001104659-24-057038

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