---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-060047"
form_type: "8-K"
ticker: "SWBI"
cik: "0001092796"
company_name: "SMITH & WESSON BRANDS, INC."
filed_at: "2023-03-03T23:59:59+00:00"
generated_at: "2026-06-18T12:45:40.665160+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Smith & Wesson amends bylaws to add universal proxy mechanics and exclusive forum provision

## Summary
- Board approved amended bylaws effective Feb 28, 2023, adding procedural requirements for stockholder nominations under SEC universal proxy rules.
- New exclusive forum provision designates Nevada state and federal courts as sole forum for certain intra-corporate disputes.
- Board intends to seek stockholder ratification of exclusive forum provision at 2023 annual meeting.
- Other technical, ministerial, and conforming updates made to the bylaws.

## SEC filing metadata
- accession: 0001193125-23-060047
- form_type: 8-K
- ticker: SWBI
- cik: 0001092796
- company_name: SMITH & WESSON BRANDS, INC.
- filed_at: 2023-03-03T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1092796/000119312523060047/0001193125-23-060047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1092796/000119312523060047/d464494d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-060047
- JSON: https://secwatch.observer/filing/0001193125-23-060047.json
- Plain text: https://secwatch.observer/filing/0001193125-23-060047.txt

## Key facts
- Governance Changes
  SMITH & WESSON BRANDS, INC.: Amended and restated bylaws to enhance procedural mechanics for stockholder nominations, add an exclusive forum provision, and make other updates (effective 2023-02-28).
  - Change: bylaw amendment
  - Effective: 2023-02-28
  source text: On February 28, 2023, in connection with responding to the new Securities and Exchange Commission rules regarding universal proxy cards and a periodic review of the bylaws of Smith & Wesson Brands, Inc., a Nevada corporation (the “ Company ”), the board of directors of the Company (the “ Board ”) approved and adopted amended and restated bylaws of the Company (the “ Amended and Restated Bylaws ”), which are effective immediately. Among other things, the amendments effected by the Amended and Restated Bylaws: • Enhance procedural mechanics and disclosure requirements in connection with stockholder nominations of directors made in connection with annual and special meetings of stockholders by, including, without limitation: • Adding a requirement that any stockholder submitting a nomination notice make a representation as to whether such stockholder intends to solicit proxies in support of director nominees other than the Company’s nominees in accordance with Rule 14a-19 under the Securi
  evidence_url: https://www.sec.gov/Archives/edgar/data/1092796/000119312523060047/0001193125-23-060047-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.