Acuity Brands INC DEF 14A Filing
Ticker: AYI · Form: DEF 14A · Filed: Dec 12, 2024 · CIK: 1144215
| Field | Detail |
|---|---|
| Company | Acuity Brands INC (AYI) |
| Form Type | DEF 14A |
| Filed Date | Dec 12, 2024 |
| Pages | 14 |
| Reading Time | 17 min |
| Key Dollar Amounts | $3,841M, $13.44, $15.56, $619M, $64 million |
| Sentiment | neutral |
Sentiment: neutral
FAQ
What type of filing is this?
This is a DEF 14A filing submitted by Acuity Brands INC (ticker: AYI) to the SEC on Dec 12, 2024.
What are the key financial figures in this filing?
Key dollar amounts include: $3,841M (EPS (1) Cash Flow from Operations $3,841M $13.44 $15.56 $619M (1) This is); $13.44 (Cash Flow from Operations $3,841M $13.44 $15.56 $619M (1) This is a non-GA); $15.56 (w from Operations $3,841M $13.44 $15.56 $619M (1) This is a non-GAAP financ); $619M (perations $3,841M $13.44 $15.56 $619M (1) This is a non-GAAP financial meas); $64 million (our priorities, including — we invested $64 million in capital expenditures, and acquired c).
How long is this filing?
Acuity Brands INC's DEF 14A filing is 14 pages with approximately 4,340 words. Estimated reading time is 17 minutes.
Where can I view the full DEF 14A filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 4,340 words · 17 min read · ~14 pages · Grade level 14.3 · Accepted 2024-12-12 08:03:13
Key Financial Figures
- $3,841M — EPS (1) Cash Flow from Operations $3,841M $13.44 $15.56 $619M (1) This is
- $13.44 — Cash Flow from Operations $3,841M $13.44 $15.56 $619M (1) This is a non-GA
- $15.56 — w from Operations $3,841M $13.44 $15.56 $619M (1) This is a non-GAAP financ
- $619M — perations $3,841M $13.44 $15.56 $619M (1) This is a non-GAAP financial meas
- $64 million — our priorities, including — we invested $64 million in capital expenditures, and acquired c
- $89 million — 15 percent and allocated approximately $89 million to repurchase over 454,000 shares at an
- $194 — r 454,000 shares at an average price of $194 per share. Allocating Capital Effecti
Filing Documents
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- def14a-courtesycopy.pdf (DEF 14A) — 12327KB
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EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 40 Item 3 Advisory Vote to Approve Named Executive Officer Compensation 40 Message from the Compensation and Management Development Committee 41 Compensation Discussion and Analysis 42 2024 Executive Compensation 46 Report of the Compensation and Management Development Committee 61
Executive Compensation Tables
Executive Compensation Tables 62 STOCKHOLDER PROPOSAL 80 Item 4 Director Election Resignation Bylaw 80 STOCK OWNERSHIP 83 Equity Compensation Plans 83 Beneficial Ownership of the Company's Securities 84 Certain Relationships and Related Person Transactions 85 QUESTIONS RELATING TO THIS PROXY STATEMENT 87 OTHER MATTERS 91 NEXT ANNUAL MEETING — STOCKHOLDER PROPOSALS AND DIRECTOR NOMINATIONS 91 APPENDIX A A-1 APPENDIX B B-1 Pages PROXY STATEMENT SUMMARY 1 Key Fiscal 2024 Business Performance Highlights 1 EarthLIGHT — Our Approach to ESG 2 Board Composition Highlights 3 Corporate Governance Highlights 6
Executive Compensation Highlights
Executive Compensation Highlights 8 CORPORATE GOVERNANCE AT ACUITY BRANDS 14 Item 1 Election of Directors 14 Director Information 15 Board and Committees 24 Board Responsibilities 29 Governance Policies and Procedures 31 Compensation of Directors 32 AUDIT COMMITTEE MATTERS 36 Item 2 Ratification of the Appointment of the Independent Registered Public Accounting Firm 36 Selection and Engagement of the Independent Registered Public Accounting Firm 36 Audit Fees and Other Fees 37 Preapproval Policies and Procedures 37 Report of the Audit Committee 37 EXECUTIVE OFFICERS 39 Acuity Brands, Inc. | 2025 Proxy Statement | 1 Proxy Statement Summary This summary highlights information contained elsewhere in this Proxy Statement. This summary does not contain all of the information you should consider, and you should read the entire Proxy Statement carefully before voting. Key Fiscal 2024 Business Performance Highlights Acuity Brands is a market-leading industrial technology company. We use technology to solve problems in spaces, light, and more things to come. Through our two business segments, we design, manufacture, and bring to market products and services that make a difference in people's lives. We achieve growth through the development of innovative new products and services, including lighting, lighting controls, building management solutions, and location-aware applications. We achieve customer-focused efficiencies that allow us to increase market share and deliver superior returns. We look to aggressively deploy capital to grow the business and to enter attractive new verticals. Net Sales Diluted EPS (GAAP) Adjusted Diluted EPS (1) Cash Flow from Operations $3,841M $13.44 $15.56 $619M (1) This is a non-GAAP financial measure used by the Board and management to assess the performance of the business. See Appendix A for a reconciliation to the most directly comparable fin