AptarGroup, Inc. Files Definitive Proxy Statement
Ticker: ATR · Form: DEF 14A · Filed: Mar 22, 2024 · CIK: 896622
| Field | Detail |
|---|---|
| Company | Aptargroup, INC. (ATR) |
| Form Type | DEF 14A |
| Filed Date | Mar 22, 2024 |
| Risk Level | |
| Pages | 15 |
| Reading Time | 18 min |
| Key Dollar Amounts | $3.5 billion, $284 million, $4.25 |
| Sentiment | neutral |
Sentiment: neutral
Topics: DEF 14A, Proxy Statement, Executive Compensation, Corporate Governance, AptarGroup
TL;DR
<b>AptarGroup, Inc. has filed its Definitive Proxy Statement for the period ending May 1, 2024.</b>
AI Summary
APTARGROUP, INC. (ATR) filed a Proxy Statement (DEF 14A) with the SEC on March 22, 2024. AptarGroup, Inc. filed a Definitive Proxy Statement (DEF 14A) on March 22, 2024. The filing covers the period ending May 1, 2024. The company's Central Index Key is 0000896622. AptarGroup, Inc. is incorporated in Delaware and has a fiscal year end of December 31. The filing includes data related to executive compensation for the fiscal years 2023, 2022, and 2021.
Why It Matters
For investors and stakeholders tracking APTARGROUP, INC., this filing contains several important signals. This DEF 14A filing is crucial for shareholders as it details executive compensation, board nominations, and other corporate governance matters, enabling informed voting decisions. The detailed breakdown of compensation components and adjustments for equity awards provides transparency into how the company incentivizes and rewards its key personnel.
Risk Assessment
Risk Level: — APTARGROUP, INC. shows moderate risk based on this filing. The filing is a routine DEF 14A, indicating standard corporate governance procedures rather than significant new risks or events.
Analyst Insight
Shareholders should review the executive compensation details and any proposed governance changes to make informed voting decisions at the upcoming shareholder meeting.
Key Numbers
- 2024-03-22 — Filing Date (DEF 14A filing date)
- 2024-05-01 — Period of Report (Conformed period of report)
- 2023-12-31 — Fiscal Year End (Fiscal year end)
Key Players & Entities
- APTARGROUP, INC. (company) — Filer name
- 0000896622 (company) — Central Index Key
- DE (company) — State of Incorporation
- 2024-03-22 (date) — Filing date
- 2024-05-01 (date) — Period of report
- Crystal Lake, IL (location) — Business Address City, State
FAQ
When did APTARGROUP, INC. file this DEF 14A?
APTARGROUP, INC. filed this Proxy Statement (DEF 14A) with the SEC on March 22, 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 APTARGROUP, INC. (ATR).
Where can I read the original DEF 14A filing from APTARGROUP, 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 APTARGROUP, INC..
What are the key takeaways from APTARGROUP, INC.'s DEF 14A?
APTARGROUP, INC. filed this DEF 14A on March 22, 2024. Key takeaways: AptarGroup, Inc. filed a Definitive Proxy Statement (DEF 14A) on March 22, 2024.. The filing covers the period ending May 1, 2024.. The company's Central Index Key is 0000896622..
Is APTARGROUP, INC. a risky investment based on this filing?
Based on this DEF 14A, APTARGROUP, INC. presents a moderate-risk profile. The filing is a routine DEF 14A, indicating standard corporate governance procedures rather than significant new risks or events.
What should investors do after reading APTARGROUP, INC.'s DEF 14A?
Shareholders should review the executive compensation details and any proposed governance changes to make informed voting decisions at the upcoming shareholder meeting. The overall sentiment from this filing is neutral.
How does APTARGROUP, INC. compare to its industry peers?
AptarGroup, Inc. operates in the plastics products sector, specifically focusing on dispensing, sealing, and active material science solutions.
Are there regulatory concerns for APTARGROUP, INC.?
The filing is a standard DEF 14A, subject to SEC regulations for public companies regarding disclosure of corporate governance and executive compensation.
Industry Context
AptarGroup, Inc. operates in the plastics products sector, specifically focusing on dispensing, sealing, and active material science solutions.
Regulatory Implications
The filing is a standard DEF 14A, subject to SEC regulations for public companies regarding disclosure of corporate governance and executive compensation.
What Investors Should Do
- Review the detailed executive compensation breakdown for PEO and Non-PEO members for fiscal years 2023, 2022, and 2021.
- Analyze any proposed changes to board composition or corporate governance policies.
- Understand the adjustments and valuations related to equity awards granted to executives.
Key Dates
- 2024-03-22: Filing Date — Filing of Definitive Proxy Statement
- 2024-05-01: Period of Report End Date — Defines the reporting period for the proxy statement
Year-Over-Year Comparison
This is the initial DEF 14A filing for the period ending May 1, 2024, and contains historical compensation data for prior fiscal years.
Filing Stats: 4,488 words · 18 min read · ~15 pages · Grade level 14.4 · Accepted 2024-03-22 08:31:29
Key Financial Figures
- $3.5 billion — ing financial and operational metrics. $3.5 billion Record Reported Annual Sales 30th y
- $284 million — n increased aggregate annual dividend $284 million Annual Net Income $4.25 Annual Di
- $4.25 — nd $284 million Annual Net Income $4.25 Annual Diluted Earnings per Share F
Filing Documents
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SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS, DIRECTORS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS, DIRECTORS AND MANAGEMENT 76 TRANSACTIONS WITH RELATED PERSONS 78 DELINQUENT SECTION 16(a) REPORTS 79 AUDIT COMMITTEE REPORT 80 OTHER MATTERS 81 Proxy Solicitation 81 Annual Report/Form 10-K 81 Stockholder Proposals and Nominations 81 FREQUENTLY ASKED QUESTIONS 82 How do I attend? 82 Who is entitled to vote? 82 May stockholders ask questions at the virtual annual meeting? 82 What if I have technical difficulties or trouble accessing the virtual annual meeting? 82 What am I voting on and how does the Board of Directors recommend I vote on the proposals? 83 How do I vote? 83 What is a quorum? 84 How are shares in a 401(k) plan voted? 84 How are shares held in a broker account voted? 84 How many votes are required to approve each proposal? 84 Who will count the votes? 84 How can I help reduce the environmental impact of the annual meeting? 84 Appendix A – Certificate of Amendment of Amended and Restated Certificate of Incorporation A-1 Important Notice Regarding the Availability of Proxy Materials for the Annual Meeting of Stockholders to Be Held on May 1, 2024: The Proxy Statement and the 2023 Annual Report/Form 10-K are available at www.proxyvote.com. You may attend the virtual annual meeting at www.virtualshareholdermeeting.com/ATR2024. To participate in the annual meeting, you will need the 16-digit control number that appears on your Notice of Internet Availability of Proxy Materials, proxy card or the instructions that accompanied your proxy materials. Refer to the "Frequently Asked Questions" section of the proxy statement for detailed procedures regarding attending, submitting questions and voting at the virtual annual meeting. A list of stockholders entitled to vote at the meeting will be available for examination during normal business hours for ten days prior to the meeting for any purpose germane to the meeting at Aptar's
Forward-Looking Statements
Forward-Looking Statements This proxy statement contains forward-looking statements made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 (the "Exchange Act") and are based on our beliefs as well as assumptions made by and information currently available to us. Words such as "expects," "anticipates," "believes," "estimates," "future," "potential," "are optimistic" and other similar expressions or future or conditional verbs such as "will," "should," "would" and "could" are intended to identify such forward-looking statements. Our actual results or other events may differ materially from those expressed or implied in such forward-looking statements due to known or unknown risks and uncertainties that exist in our operations and business environment. For additional information on these and other risks and uncertainties, please see our filings with the SEC, including the discussion under "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Form 10-K and Forms 10-Q. We undertake no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Website Information This proxy statement includes several website addresses and references to additional materials found on those websites. These websites and materials are provided for convenience only, and the content on the referenced websites is not incorporated by reference herein and does not constitute a part of this proxy statement. 6 2024 Proxy Statement Table of Contents Our Commitment to the Environment, Our Society, and Good Corporate Governance We believe that strong governance and responsible corporate behavior are essential to long-term success. That is why our business practices are based on responsibility and accountability in order to protect the long-term mutua