secwatch.observer — SEC 8-K summary
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Issuer:     WESTWOOD HOLDINGS GROUP INC (WHG)
CIK:        0001165002
Form:       8-K
Filed at:   2021-11-02T23:59:59+00:00
Accession:  0001165002-21-000089
Event type: other_material
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Westwood Holdings amends bylaws; adopts majority voting for director elections
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- Board adopted Amended and Restated Bylaws effective October 27, 2021, including majority voting standard for uncontested director elections.
- Bylaws adopt director resignation policy for incumbents failing to receive majority votes in uncontested elections.
- Advance notice requirements adopted for stockholder nominations and proposals.
- Board will propose eliminating two supermajority voting requirements from Charter, reducing to majority standard, at 2022 Annual Meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1165002/000116500221000089/0001165002-21-000089-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1165002/000116500221000089/whg-20211027.htm
  HTML page:      https://secwatch.observer/filing/0001165002-21-000089

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