8-K
filed May 14, 2024, 7:59 PM ET
ticker PLD
CIK 0001045609
other material
confidence high
sentiment neutral
materiality 0.25
Prologis stockholders approve lower voting thresholds; simple-majority proposal fails
Prologis, Inc.
- Charter amendment to reduce voting thresholds passed with 806.8M for, 2.7M against.
- Bylaw amendment to reduce voting thresholds passed with 807.7M for, 1.8M against.
- Stockholder simple-majority-vote proposal failed with 402.5M for, 407.0M against.
Key facts
Extracted from this filing and checked against the source text.
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Prologis, Inc.: Amended and restated bylaws to reduce stockholder voting thresholds (effective 2024-05-09).
- Change
- bylaw amendment
- Effective
- 2024-05-09
Exact text from the filing
The Tenth Amended and Restated Bylaws of the Company became effective automatically upon their approval by the Company’s stockholders at the 2024 Annual Meeting and are attached hereto as Exhibit 3.2 and incorporated herein by reference.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
Prologis, Inc.: Amended charter to reduce stockholder voting thresholds (effective 2024-05-10).
- Change
- charter amendment
- Effective
- 2024-05-10
Exact text from the filing
The Articles of Amendment were filed with the State of Maryland on May 10, 2024 and are attached hereto as Exhibit 3.1 and incorporated herein by reference.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Prologis, Inc. shareholders approved Elect eleven directors to the Company’s Board of Directors.
- Proposal
- director election
- Outcome
- passed
Exact text from the filing
At the 2024 Annual Meeting, the Company’s stockholders voted on the proposals listed below. The final results for the votes regarding each proposal are set forth below.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Prologis, Inc. shareholders approved Advisory vote to approve the Company’s executive compensation for 2023..
- Proposal
- say on pay
- Outcome
- passed
Exact text from the filing
Advisory vote to approve the Company’s executive compensation for 2023. Votes For Votes Against Abstentions Broker Non-Votes 740,135,461 68,868,039 1,687,221 27,613,193
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Prologis, Inc. shareholders approved Amend the Company’s bylaws to reduce stockholder voting thresholds..
- Proposal
- charter amendment
- Outcome
- passed
Exact text from the filing
Amend the Company’s bylaws to reduce stockholder voting thresholds. Votes For Votes Against Abstentions Broker Non-Votes 807,700,111 1,821,115 1,169,495 27,613,193
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Prologis, Inc. shareholders approved Ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year 2024..
- Proposal
- auditor ratification
- Outcome
- passed
Exact text from the filing
Ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year 2024. Votes For Votes Against Abstentions Broker Non-Votes 796,626,048 41,149,034 528,832 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.7
Prologis, Inc. shareholders rejected Stockholder proposal titled “Simple Majority Vote.”.
- Outcome
- failed
Exact text from the filing
Stockholder proposal titled “Simple Majority Vote.” Votes For Votes Against Abstentions Broker Non-Votes 402,488,965 407,038,771 1,162,985 27,613,193
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Prologis, Inc. shareholders approved Amend the Company’s charter to reduce stockholder voting thresholds..
- Proposal
- charter amendment
- Outcome
- passed
Exact text from the filing
Amend the Company’s charter to reduce stockholder voting thresholds. Votes For Votes Against Abstentions Broker Non-Votes 806,832,136 2,710,413 1,148,172 27,613,193
View on SEC.gov
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