secwatch.observer — SEC 8-K summary
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Issuer:     ENVESTNET, INC. (—)
CIK:        0001337619
Form:       8-K
Filed at:   2024-03-15T23:59:59+00:00
Accession:  0001213900-24-022801
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Envestnet declassifies board; annual director elections begin in 2024
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1337619/000121390024022801/0001213900-24-022801-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1337619/000121390024022801/ea0201782-8k_envestnet.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-022801

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer