other material
confidence high
sentiment neutral
materiality 0.50
WW International corrects 8-K: majority voting proposal rejected; Articles of Correction filed
WW INTERNATIONAL, INC.
- Proposal 4 (majority director voting) failed: 28.7M for, 454.5K against, required majority of outstanding shares.
- Company filed Articles of Correction on May 24 to undo the amendment that was erroneously filed on May 13.
- Directors Denis Kelly, Julie Rice (Class II) and Tara Comonte, William Shrank (Class I) elected with >27.9M votes each.
- Say-on-pay passed with 16.3M for vs 12.9M against; auditor PwC ratified with 50.5M for.
- Proposal 5 (delete controlling shareholder provisions) failed; broker non-votes initially misreported and corrected.