GLPI adopts proxy access bylaws allowing 3% shareholders to nominate directors

Gaming & Leisure Properties, Inc.

Shareholders owning 3%+ of common stock for 3+ years may nominate up to 2 or 20% of board seats.
A group of up to 20 shareholders can jointly submit proxy access nominations under new Sections 7.11-7.18.
Bylaws also updated for SEC universal proxy rules, expanding shareholder disclosure and solicitation requirements.
Proxy access notice must be received 120-150 days before anniversary of prior annual meeting.
Amendments effective December 7, 2023; full text filed as Exhibit 3.1.

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

Gaming & Leisure Properties, Inc.: Amendment and restatement of bylaws to implement a proxy access framework and universal proxy rules (effective 2023-12-07).

Change: bylaw amendment
Effective: 2023-12-07

Exact text from the filing

On December 7, 2023, the Board of Directors (the “Board”) of Gaming and Leisure Properties, Inc. (the “Company”), amended and restated the Company’s Amended and Restated Bylaws (as so amended and restated, the “Second Amended and Restated Bylaws”), effective as of December 7, 2023, to, among other things, implement a proxy access framework.

View on SEC.gov

Browse all governance changes →

Gaming & Leisure Properties, Inc. filing history →

Source: SEC EDGAR

accession 0001575965-23-000042

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.