Atlantic American Corporation Announces 2024 Annual Meeting of Shareholders

TL;DR

Atlantic American Corporation is holding its Annual Meeting of Shareholders on May 6, 2024, to elect directors and ratify the appointment of its independent auditor.

AI Summary

ATLANTIC AMERICAN CORP (AAME) filed a Proxy Statement (DEF 14A) with the SEC on April 8, 2024. The Annual Meeting of Shareholders for Atlantic American Corporation will be held on May 6, 2024, at 10:00 AM Eastern Time. Shareholders will vote on the election of six directors to serve until the next annual meeting. The appointment of FORVIS, LLP as the independent registered public accounting firm for fiscal year 2024 will be ratified. Shareholders of record as of March 13, 2024, are entitled to notice and voting rights. The proxy statement is being furnished in connection with the solicitation of proxies by the Board of Directors.

Why It Matters

For investors and stakeholders tracking ATLANTIC AMERICAN CORP, this filing contains several important signals. Shareholders have the opportunity to elect the company's directors, directly influencing the company's governance and strategic direction. The ratification of the independent auditor is a standard corporate governance procedure that ensures financial transparency and accountability.

Risk Assessment

Risk Level: low — ATLANTIC AMERICAN CORP shows low risk based on this filing. This filing is a routine proxy statement for an annual shareholder meeting and does not contain new financial performance data or strategic changes, indicating a low level of immediate market impact.

Analyst Insight

Shareholders should review the director nominees and the auditor ratification to make informed voting decisions at the upcoming annual meeting.

Key Numbers

• 6 — Directors to be elected (To serve until the next annual meeting of shareholders)
• May 6, 2024 — Annual Meeting Date (Date of the Annual Meeting of Shareholders)
• March 13, 2024 — Record Date (Shareholders of record on this date are entitled to vote)
• 2024 — Fiscal Year End (For which FORVIS, LLP is appointed as auditor)

Key Players & Entities

• ATLANTIC AMERICAN CORPORATION (company) — Registrant and Company Name
• FORVIS, LLP (company) — Independent registered public accounting firm
• J. Ross Franklin (person) — Vice President, Chief Financial Officer and Secretary
• May 6, 2024 (date) — Annual Meeting Date
• March 13, 2024 (date) — Record Date for Shareholders
• Atlanta, Georgia (location) — Company Headquarters and Meeting Location
• 4370 Peachtree Road, N.E. (location) — Company Address

FAQ

Industry Context

Atlantic American Corporation operates in the life insurance industry. This filing is a standard proxy statement for its annual shareholder meeting.

Regulatory Implications

This filing is made under Schedule 14A of the Securities Exchange Act of 1934, which governs the solicitation of proxies from shareholders.

What Investors Should Do

1. Review the biographies and qualifications of the director nominees.
2. Understand the role and responsibilities of the proposed independent auditor, FORVIS, LLP.
3. Ensure your proxy is submitted or vote online to have your shares represented at the meeting.

Key Dates

• 2024-05-06: Annual Meeting of Shareholders — Election of directors and ratification of auditor appointment.
• 2024-03-13: Record Date — Determines which shareholders are entitled to vote at the meeting.
• 2024-04-08: Filing Date — Date the definitive proxy statement was filed with the SEC.

Year-Over-Year Comparison

This is a definitive proxy statement (DEF 14A) filed for the upcoming annual meeting, indicating a routine corporate governance event.

Key Financial Figures

• $1.00 — s of the Company’s common stock, $1.00 par value per share (the “Common

Filing Documents

• ny20021303x1_def14a.htm (DEF 14A) — 295KB
• logo_atlanticamerican.jpg (GRAPHIC) — 40KB
• ny20021303x1_pc01.jpg (GRAPHIC) — 530KB
• ny20021303x1_pc02.jpg (GRAPHIC) — 580KB
• sig_jrossfranklin.jpg (GRAPHIC) — 25KB
• ny20021303x1_pvp01x1.jpg (GRAPHIC) — 140KB
• ny20021303x1_pvp02x1.jpg (GRAPHIC) — 148KB
• 0001140361-24-018529.txt ( ) — 2311KB

From the Filing

DEF 14A 1 ny20021303x1_def14a.htm DEF 14A UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 Filed by the Registrant ☒ ​ ​ Filed by a party other than the Registrant   ☐ Check the appropriate box:   ☐ ​ ​ Preliminary Proxy Statement   ☐ ​ ​ Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) ☒ ​ ​ Definitive Proxy Statement   ☐ ​ ​ Definitive Additional Materials   ☐ ​ ​ Soliciting Material under §240.14a-12 ATLANTIC AMERICAN CORPORATION (Name of Registrant as Specified in Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): ☒ ​ ​ No fee required   ☐ ​ ​ Fee paid previously with preliminary materials   ☐ ​ ​ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11   ATLANTIC AMERICAN CORPORATION 4370 Peachtree Road, N.E. Atlanta, Georgia 30319-3000 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS TO BE HELD MAY 6, 2024 Notice is hereby given that the Annual Meeting of Shareholders of Atlantic American Corporation (the “Company”) will be held at the principal executive offices of the Company at 4370 Peachtree Road, N.E., Atlanta, Georgia 30319 at 10:00 A.M., Eastern Time, on May 6, 2024, for the following purposes: (1) To elect six (6) directors of the Company to serve until the next annual meeting of shareholders and until their successors are duly elected and qualified; (2) To ratify the appointment of FORVIS, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024; and (3) To transact such other business as may properly come before the meeting or any adjournments or postponements thereof. Only shareholders of record at the close of business on March 13, 2024 will be entitled to notice of, and to vote at, the meeting, or any adjournments or postponements thereof. WHETHER OR NOT YOU PLAN TO ATTEND THE MEETING IN PERSON, PLEASE COMPLETE, SIGN, DATE AND RETURN THE ENCLOSED PROXY, OR VOTE VIA INTERNET, TO ENSURE YOUR SHARES ARE REPRESENTED AT THE MEETING. NO POSTAGE IS REQUIRED WHEN MAILING THE ENCLOSED ENVELOPE IN THE UNITED STATES.   ​ ​ By Order of the Board of Directors   ​ ​     ​ ​ J. Ross Franklin   ​ ​ Vice President, Chief Financial Officer and Secretary April 8, 2024 Atlanta, Georgia ATLANTIC AMERICAN CORPORATION 4370 Peachtree Road, N.E. Atlanta, Georgia 30319-3000 PROXY STATEMENT FOR THE ANNUAL MEETING OF SHAREHOLDERS TO BE HELD MAY 6, 2024 GENERAL This proxy statement is being furnished in connection with the solicitation of proxies by the Board of Directors of Atlantic American Corporation (the “Company”) for use at the Company’s 2024 Annual Meeting of Shareholders (the “Meeting” or the “2024 Annual Meeting”) to be held at the time and place, and for the purposes, specified in the accompanying Notice of Annual Meeting of Shareholders, and at any postponements or adjournments thereof. When the enclosed proxy is properly executed and returned, or you vote your proxy through the Internet as provided for on the enclosed proxy card, the shares which it represents will be voted at the Meeting in accordance with the instructions thereon. In the absence of any such instructions, the shares represented thereby will be voted in favor of (1) the election of all of the nominees for director listed under the caption “Election of Directors,” and (2) the ratification of the appointment of FORVIS, LLP (“FORVIS”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024. Management does not know of any other business to be brought before the Meeting not described herein, but it is intended that as to any such other business properly brought before the Meeting, a vote would be cast pursuant to any proxy granted in accordance with the judgment of the proxies appointed thereunder. This proxy statement and the accompanying form of proxy are first being given or sent to shareholders of the Company, and made available on the Internet, on or about April 8, 2024. Only holders of record of issued and outstanding shares of the Company’s common stock, $1.00 par value per share (the “Common Stock”) as of the close of business on March 13, 2024 (the “Record Date”) will be enti

View Full Filing

View this DEF 14A filing on SEC EDGAR