---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-022801"
form_type: "8-K"
ticker: null
cik: "0001337619"
company_name: "ENVESTNET, INC."
filed_at: "2024-03-15T23:59:59+00:00"
generated_at: "2026-06-04T16:53:15.499275+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Envestnet declassifies board; annual director elections begin in 2024

## Summary
- Board adopted Restated By-laws effective March 14, 2024, declassifying the board.
- Phase-in of annual director elections over two years, starting with 2024 annual meeting.
- Directors elected to one-year terms may be removed with or without cause.
- Restated By-laws also include ministerial, modernizing, clarifying, and conforming changes.

## SEC filing metadata
- accession: 0001213900-24-022801
- form_type: 8-K
- cik: 0001337619
- company_name: ENVESTNET, INC.
- filed_at: 2024-03-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1337619/000121390024022801/0001213900-24-022801-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1337619/000121390024022801/ea0201782-8k_envestnet.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-022801
- JSON: https://secwatch.observer/filing/0001213900-24-022801.json
- Plain text: https://secwatch.observer/filing/0001213900-24-022801.txt

## Key facts
- Governance Changes
  ENVESTNET, INC.: Board declassified and phased in annual director elections starting 2024 annual meeting; director removal clarified to with or without cause; and ministerial, modernizing, clarifying and conforming changes adopted (effective 2024-03-14).
  - Change: bylaw amendment
  - Effective: 2024-03-14
  source text: On March 14, 2024, the Board of Directors (the “Board”) of Envestnet, Inc. (the “Company”) amended and restated the Company’s By-laws (the “Restated By-laws”), effective March 14, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1337619/000121390024022801/0001213900-24-022801-index.htm

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