BlueLinx Holdings Inc. Announces 2024 Annual Meeting of Stockholders
Ticker: BXC · Form: DEF 14A · Filed: Apr 10, 2024 · CIK: 1301787
| Field | Detail |
|---|---|
| Company | Bluelinx Holdings Inc. (BXC) |
| Form Type | DEF 14A |
| Filed Date | Apr 10, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: Proxy Statement, Annual Meeting, Director Election, Auditor Ratification, Corporate Governance
TL;DR
<b>BlueLinx Holdings Inc. is holding its 2024 Annual Meeting of Stockholders on May 16, 2024, to elect directors and ratify auditor appointments.</b>
AI Summary
BlueLinx Holdings Inc. (BXC) filed a Proxy Statement (DEF 14A) with the SEC on April 10, 2024. The 2024 Annual Meeting of Stockholders for BlueLinx Holdings Inc. will be held on May 16, 2024, at 11:00 a.m. Eastern Time. The meeting will take place at the Renaissance Atlanta Waverly Hotel and Convention Center in Atlanta, Georgia. Stockholders will vote on the election of nine directors to hold office until the 2025 annual meeting. The appointment of Ernst & Young LLP as the independent registered public accounting firm will be ratified. Stockholders are encouraged to complete and mail their proxy card to ensure their vote is counted.
Why It Matters
For investors and stakeholders tracking BlueLinx Holdings Inc., this filing contains several important signals. This filing is a definitive proxy statement (DEF 14A), indicating it's the final version provided to shareholders for voting purposes. The meeting agenda includes key corporate governance decisions, such as director elections and auditor ratification, which directly impact shareholder oversight and company direction.
Risk Assessment
Risk Level: low — BlueLinx Holdings Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.
Analyst Insight
Review the director nominees and auditor ratification to make informed voting decisions before the May 16, 2024 meeting.
Key Numbers
- 2024 — Annual Meeting Year (2024 Annual Meeting of Stockholders)
- May 16, 2024 — Annual Meeting Date (Date of the 2024 Annual Meeting of Stockholders)
- 11:00 a.m. Eastern Time — Annual Meeting Time (Time of the 2024 Annual Meeting of Stockholders)
- 9 — Number of Directors to be Elected (To elect nine directors to hold office until the 2025 annual meeting)
Key Players & Entities
- BlueLinx Holdings Inc. (company) — Registrant and filer of the proxy statement
- Shyam K. Reddy (person) — President and Chief Executive Officer of BlueLinx Holdings Inc.
- Ernst & Young LLP (company) — Independent registered public accounting firm to be ratified
- Renaissance Atlanta Waverly Hotel and Convention Center (company) — Location of the Annual Meeting
FAQ
When did BlueLinx Holdings Inc. file this DEF 14A?
BlueLinx Holdings Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 10, 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 BlueLinx Holdings Inc. (BXC).
Where can I read the original DEF 14A filing from BlueLinx Holdings 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 BlueLinx Holdings Inc..
What are the key takeaways from BlueLinx Holdings Inc.'s DEF 14A?
BlueLinx Holdings Inc. filed this DEF 14A on April 10, 2024. Key takeaways: The 2024 Annual Meeting of Stockholders for BlueLinx Holdings Inc. will be held on May 16, 2024, at 11:00 a.m. Eastern Time.. The meeting will take place at the Renaissance Atlanta Waverly Hotel and Convention Center in Atlanta, Georgia.. Stockholders will vote on the election of nine directors to hold office until the 2025 annual meeting..
Is BlueLinx Holdings Inc. a risky investment based on this filing?
Based on this DEF 14A, BlueLinx Holdings Inc. presents a relatively low-risk profile. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.
What should investors do after reading BlueLinx Holdings Inc.'s DEF 14A?
Review the director nominees and auditor ratification to make informed voting decisions before the May 16, 2024 meeting. The overall sentiment from this filing is neutral.
How does BlueLinx Holdings Inc. compare to its industry peers?
BlueLinx Holdings Inc. operates in the wholesale distribution of building products, a sector influenced by construction activity and housing market trends.
Are there regulatory concerns for BlueLinx Holdings Inc.?
As a publicly traded company, BlueLinx Holdings Inc. is subject to SEC regulations, including the requirement to file proxy statements for annual shareholder meetings.
Industry Context
BlueLinx Holdings Inc. operates in the wholesale distribution of building products, a sector influenced by construction activity and housing market trends.
Regulatory Implications
As a publicly traded company, BlueLinx Holdings Inc. is subject to SEC regulations, including the requirement to file proxy statements for annual shareholder meetings.
What Investors Should Do
- Review the proxy statement for details on director nominees and their qualifications.
- Evaluate the ratification of Ernst & Young LLP as the independent auditor.
- Submit your proxy vote by mail or attend the meeting in person to exercise your shareholder rights.
Key Dates
- 2024-05-16: 2024 Annual Meeting of Stockholders — Key date for voting on director elections and auditor ratification.
Year-Over-Year Comparison
This is the initial filing for the 2024 Annual Meeting of Stockholders, providing details on upcoming votes and meeting logistics.
Filing Stats: 4,789 words · 19 min read · ~16 pages · Grade level 10.5 · Accepted 2024-04-10 16:06:33
Filing Documents
- tm242979-d2_def14a.htm (DEF 14A) — 904KB
- lg_bluelinx-pn.jpg (GRAPHIC) — 32KB
- sg_shyamkreddy-bw.jpg (GRAPHIC) — 5KB
- sg_triciakinney-bw.jpg (GRAPHIC) — 4KB
- bc_peergroup-4clr.jpg (GRAPHIC) — 69KB
- bc_netincome-4c.jpg (GRAPHIC) — 71KB
- bc_ebitda-4clr.jpg (GRAPHIC) — 62KB
- px_24bluelinxpage01-bw.jpg (GRAPHIC) — 360KB
- px_24bluelinxpage02-bw.jpg (GRAPHIC) — 200KB
- 0001104659-24-045801.txt ( ) — 3676KB
- bxc-20231230.xsd (EX-101.SCH) — 8KB
- bxc-20231230_def.xml (EX-101.DEF) — 8KB
- bxc-20231230_lab.xml (EX-101.LAB) — 26KB
- bxc-20231230_pre.xml (EX-101.PRE) — 12KB
- tm242979-d2_def14a_htm.xml (XML) — 166KB
Security Ownership Of Management And Certain Beneficial Owners
Security Ownership Of Management And Certain Beneficial Owners 16 Information About Our Executive Officers 19 Compensation Discussion And Analysis 20 Human Capital And Compensation Committee Report 32 Compensation Of Executive Officers 33 CEO Pay Ratio 41 Pay Versus Performance 43 Audit Committee Report 49 Certain Relationships And Related Transactions 50 Corporate Governance Guidelines And Code Of Ethical Conduct 50 Prohibition On Hedging And Pledging 51 Delivery Of Proxy Materials 51 Form 10-K 52 The enclosed proxy is being solicited by the Board of Directors of BlueLinx Holdings Inc. ("BlueLinx," "us," "we," "our," or the "Company") for the 2024 Annual Meeting of Stockholders (the "Annual Meeting") or any adjournment or postponement of the meeting, for the purposes set forth in the accompanying "Notice of Annual Meeting of Stockholders." References in this proxy statement to 2024 or fiscal 2024 refer to our current fiscal year ending December 28, 2024. References in this proxy statement to 2023 or fiscal 2023 refer to our fiscal year ended December 30, 2023. References in this proxy statement to 2022 or fiscal 2022 refer to the fiscal year ended December 31, 2022. References to 2021 or fiscal 2021 refer to the fiscal year ended January 1, 2022. All fiscal years presented comprise a 52-week reporting period. Copies of this proxy statement, the accompanying proxy card, and the annual report will first be mailed to stockholders on or about April 15, 2024. The proxy statement and annual report are also available on the Investor Relations page of our website at www.BlueLinxCo.com, and at www.proxyvote.com. Attending the Annual Meeting The Annual Meeting will be held at the Renaissance Atlanta Waverly Hotel and Convention Center, 2450 Galleria Parkway SE, Atlanta, Georgia 30339 on Thursday May 16, 2024, at 11:00 a.m. Eastern Time. For directions to the meeting, please contact our Investor Relations department at