other
confidence high
sentiment neutral
materiality 0.20
CoreCivic amends bylaws to enhance stockholder proposal and nomination procedures, adopt universal proxy card rules
CoreCivic, Inc.
- Enhanced disclosure requirements for stockholder business proposals and director nominations, including regarding text of resolutions and economic interests.
- Added requirement to represent intent to solicit proxies in support of nominees under Rule 14a-19, else nomination disregarded.
- Updated advance notice bylaws to require notice updates and supplement upon request within 5 business days.
- Requires stockholder proxy solicitations to use a non-white proxy card color.
- Added severability provision and other technical, ministerial, and conforming amendments.