secwatch.observer — SEC 8-K summary
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Issuer:     VERINT SYSTEMS INC (—)
CIK:        0001166388
Form:       8-K
Filed at:   2023-11-28T23:59:59+00:00
Accession:  0001166388-23-000165
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Verint Systems amends bylaws with advance notice, universal proxy, exclusive forum provisions
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- Board approved bylaw amendments effective Nov 21, 2023, adding advance notice requirements for director nominations and stockholder proposals.
- New provisions require disclosure of equity interests and proxy solicitation details, and allow Board to request verification and interviews.
- Universal proxy card rules adopted: white proxy card reserved for Board use; others must use different color.
- Exclusive forum designated: Delaware Court of Chancery for internal corporate claims; federal district court for Securities Act claims.
- Other administrative and clarifying changes made to the bylaws.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1166388/000116638823000165/0001166388-23-000165-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1166388/000116638823000165/vrnt-20231121.htm
  HTML page:      https://secwatch.observer/filing/0001166388-23-000165

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