Allient Inc. Announces 2024 Annual Meeting of Shareholders

Ticker: ALNT · Form: DEF 14A · Filed: Apr 1, 2024 · CIK: 46129

Allient INC DEF 14A Filing Summary
FieldDetail
CompanyAllient INC (ALNT)
Form TypeDEF 14A
Filed DateApr 1, 2024
Risk Level
Pages16
Reading Time19 min
Sentimentneutral

Sentiment: neutral

Topics: Allient Inc., Annual Meeting, Proxy Statement, Shareholder Vote, Deloitte & Touche

TL;DR

<b>Allient Inc. will hold its 2024 Annual Meeting of Shareholders virtually on May 8, 2024, with key votes on director elections and executive compensation.</b>

AI Summary

ALLIENT INC (ALNT) filed a Proxy Statement (DEF 14A) with the SEC on April 1, 2024. Allient Inc. will hold its 2024 Annual Meeting of Shareholders virtually on May 8, 2024, at 9:00 a.m. Eastern Time. Shareholders will vote on the election of six directors and advisory approval of executive compensation. The appointment of Deloitte & Touche LLP as the independent registered public accounting firm for fiscal year 2024 will be ratified. Shareholders of record as of March 7, 2024, are entitled to vote at the meeting. Voting can be done by mail, online at proxyvote.com, by phone, or by attending the virtual meeting.

Why It Matters

For investors and stakeholders tracking ALLIENT INC, this filing contains several important signals. This filing is a proxy statement (DEF 14A) detailing the agenda and voting procedures for the upcoming annual shareholder meeting. The meeting will address critical corporate governance matters, including director elections and auditor ratification, impacting shareholder oversight and company direction.

Risk Assessment

Risk Level: — ALLIENT INC shows moderate risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational performance data presented, indicating a low level of inherent risk.

Analyst Insight

Shareholders should review the proxy materials to make informed voting decisions on director nominees, executive compensation, and auditor ratification.

Key Numbers

Key Players & Entities

FAQ

When did ALLIENT INC file this DEF 14A?

ALLIENT INC filed this Proxy Statement (DEF 14A) with the SEC on April 1, 2024.

What is a DEF 14A filing?

A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by ALLIENT INC (ALNT).

Where can I read the original DEF 14A filing from ALLIENT INC?

You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by ALLIENT INC.

What are the key takeaways from ALLIENT INC's DEF 14A?

ALLIENT INC filed this DEF 14A on April 1, 2024. Key takeaways: Allient Inc. will hold its 2024 Annual Meeting of Shareholders virtually on May 8, 2024, at 9:00 a.m. Eastern Time.. Shareholders will vote on the election of six directors and advisory approval of executive compensation.. The appointment of Deloitte & Touche LLP as the independent registered public accounting firm for fiscal year 2024 will be ratified..

Is ALLIENT INC a risky investment based on this filing?

Based on this DEF 14A, ALLIENT INC presents a moderate-risk profile. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational performance data presented, indicating a low level of inherent risk.

What should investors do after reading ALLIENT INC's DEF 14A?

Shareholders should review the proxy materials to make informed voting decisions on director nominees, executive compensation, and auditor ratification. The overall sentiment from this filing is neutral.

How does ALLIENT INC compare to its industry peers?

Allient Inc. operates in the industrial applications and services sector, as indicated by its SIC code.

Are there regulatory concerns for ALLIENT INC?

This filing is made under the Securities Exchange Act of 1934, specifically Schedule 14A, which governs proxy solicitations.

Industry Context

Allient Inc. operates in the industrial applications and services sector, as indicated by its SIC code.

Regulatory Implications

This filing is made under the Securities Exchange Act of 1934, specifically Schedule 14A, which governs proxy solicitations.

What Investors Should Do

  1. Review the list of director nominees and their qualifications.
  2. Understand the advisory vote on executive compensation and the rationale behind it.
  3. Confirm the ratification of Deloitte & Touche LLP as the independent auditor.

Key Dates

Year-Over-Year Comparison

This is a DEF 14A filing for the 2024 Annual Meeting, following previous filings related to corporate governance and financial reporting.

Filing Stats: 4,753 words · 19 min read · ~16 pages · Grade level 11 · Accepted 2024-04-01 15:38:16

Filing Documents

Security Ownership of Certain Beneficial Owners

Security Ownership of Certain Beneficial Owners 36

Security Ownership of Management and Directors

Security Ownership of Management and Directors 36 Delinquent Section 16(a) Reports 37 AUDIT COMMITTEE MATTERS 38 Audit Committee Report 38 Policy for Pre-Approval of Audit and Permitted Non-Audit Services 39 Auditor Fees and Services 39 OTHER MATTERS 39 SHAREHOLDER PROPOSALS FOR THE 2025 ANNUAL MEETING 39 Proposals for the Company's Proxy Material 39 Proposals to be Introduced at the Annual Meeting but not Intended to be Included in the Company's Proxy Material 39 Compliance with Universal Proxy Rules for Director Nominations 40 TABLE OF CONTENTS PROXY STATEMENT QUESTIONS AND ANSWERS ABOUT THE 2024 ANNUAL MEETING Why did I receive this proxy? The Board of Directors of Allient Inc. (the "Company") is soliciting proxies to be voted at the Annual Meeting of Shareholders. The Annual Meeting will be held virtually on Wednesday, May 8, 2024, at 9:00 a.m. (Eastern Time). The meeting can be accessed by visiting www.virtualshareholdermeeting.com/ALNT2024 , where you will be able to listen to the meeting live, submit questions and vote online. This proxy statement summarizes the information you need to know to vote by proxy or to virtually attend and vote your shares at the Annual Meeting. You do not need to virtually attend the Annual Meeting in order to vote. Who is entitled to vote? All shareholders of record as of the close of business on Thursday, March 7, 2024 (the "Record Date") are entitled to vote at the Annual Meeting. What is the quorum for the Annual Meeting? A quorum at the Annual Meeting will consist of a majority of the votes entitled to be cast by the holders of all shares of Common Stock outstanding on the Record Date. No business may be conducted at the Annual Meeting if a quorum is not present. Broker non-votes (shares held in street name for which the broker indicates that instructions have not been received from the beneficial owners or other persons entitled to vote) and abstentions will be counted as s

: Gender Identity

Part I: Gender Identity Directors 1 6 - -

: Demographic Background

Part II: Demographic Background African American or Black - 1 - - Alaskan Native or Native American - - - - Asian - - - - Hispanic or Latinx - - - - Native Hawaiian or Pacific Islander - - - - White 1 5 - - Two or More Races or Ethnicities - - - - LGBTQ+ - - - - Did Not Disclose Demographic Background - - - - Independent Directors Under the corporate governance standards of the Nasdaq Global Market, at least a majority of our Directors, and, except in limited circumstances, all of the members of our Audit Committee, Human Capital and Compensation Committee and Governance and Nominating Committee, must meet the test of "independence" as defined by Nasdaq. The Nasdaq standards provide that to qualify as an "independent" director, in addition to satisfying certain bright-line criteria, the Board of Directors must af

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