secwatch.observer — SEC 8-K summary
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Issuer:     Pagaya Technologies Ltd. (PGY)
CIK:        0001883085
Form:       8-K
Filed at:   2024-12-12T23:59:59+00:00
Accession:  0001883085-24-000202
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pagaya shareholders approve board declassification and founder threshold amendment at AGM
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- Shareholders approved phased declassification of board of directors (157.2M for, 46K against).
- Amendment to executive employment provisions approved (110.6M for, 234K against).
- Founder ownership threshold to avoid Class B-to-A conversion approved (19.4M for, 10.1M against).
- Three Class II directors elected: Avi Zeevi, Dan Petrozzo, Tami Rosen.
- Non-binding advisory vote on executive compensation approved (156.8M for), with future frequency set at 1 year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1883085/000188308524000202/0001883085-24-000202-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1883085/000188308524000202/pgy-20241211.htm
  HTML page:      https://secwatch.observer/filing/0001883085-24-000202

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