secwatch.observer — SEC 8-K summary
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Issuer:     SCHWAB CHARLES CORP (SCHW)
CIK:        0000316709
Form:       8-K
Filed at:   2023-05-22T23:59:59+00:00
Accession:  0001193125-23-150444
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Charles Schwab annual meeting: directors elected, say-on-pay approved, shareholder proposals rejected
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- All 4 director nominees elected; Frank Herringer received 1.19B for, 276.7M against (highest opposition).
- Ratification of Deloitte & Touche as FY2023 auditor approved with 1.47B for, 77.2M against.
- Say-on-pay approved; company will hold annual advisory votes through 2029 per stockholder preference.
- Two stockholder proposals (pay equity disclosure and discrimination risk oversight) each failed to pass.
- Broker non-votes were 65.2M for director elections and most proposals.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/316709/000119312523150444/0001193125-23-150444-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/316709/000119312523150444/d511255d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-150444

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