other material
confidence high
sentiment neutral
materiality 0.40
Cactus shareholders approve board declassification, lower supermajority vote thresholds
Cactus, Inc.
- Shareholders approved declassification of Board to single-class over three-year phase-in (77.2M for, 2.8K against).
- Approved lowering supermajority vote requirements to majority for charter/bylaw amendments, effective 2026 annual meeting (77.2M for).
- Approved limiting officer liability under Delaware law (65.9M for, 11.3M against).
- Shareholders rejected proposal to opt into DGCL Section 203 (20.1M for, 57.1M against).
- Approved exclusive federal forum for securities claims (69.1M for, 8.1M against).