other
confidence high
sentiment neutral
materiality 0.15
Inland Real Estate Income Trust adopts amended bylaws; raises special-meeting threshold to majority
Inland Real Estate Income Trust, Inc.
- Stockholder-requested special meeting threshold raised from 10% to majority of votes entitled to be cast.
- Director elections changed from majority to plurality voting standard.
- Maximum board size increased from 11 to 15 directors; board may now omit chairman designation.
- Advance notice deadline for stockholder proposals moved to 120–150 days before proxy-statement anniversary.
- Exclusive forum for certain litigation designated as Circuit Court for Baltimore City, Maryland.