other material
confidence high
sentiment neutral
materiality 0.10
Brighthouse Financial amends Bylaws to update stockholder meeting notice and disclosure rules
Brighthouse Financial, Inc.
- Revised disclosure requirements for stockholder nominations and other business proposals, including nominee qualifications.
- Requires stockholder to appear at meeting to present nomination/proposal or it is disregarded.
- Stockholders soliciting proxies must use a non-white proxy card; white reserved for Board use.
- Added definitions for affiliates, associates, business day; requires update notices 15 days before meeting.
- Other ministerial, clarifying, and conforming changes made.