Comstock Holding Companies, Inc. Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>Comstock Holding Companies, Inc. will hold its 2024 Annual Meeting of Stockholders on June 12, 2024, to elect directors, ratify auditors, and vote on executive compensation.</b>

AI Summary

Comstock Holding Companies, Inc. (CHCI) filed a Proxy Statement (DEF 14A) with the SEC on April 29, 2024. The 2024 Annual Meeting of Stockholders for Comstock Holding Companies, Inc. will be held on June 12, 2024. The meeting will take place at the company's corporate headquarters in Reston, Virginia. Key agenda items include the election of two directors for three-year terms. Stockholders will vote to ratify Grant Thornton, LLP as the independent registered public accounting firm for fiscal year 2024. A non-binding advisory vote on the 2023 compensation of named executive officers is also scheduled.

Why It Matters

For investors and stakeholders tracking Comstock Holding Companies, Inc., this filing contains several important signals. The election of directors and ratification of the auditor are standard corporate governance procedures crucial for company oversight and financial integrity. The advisory vote on executive compensation allows shareholders to voice their opinion on the company's pay practices for its top executives.

Risk Assessment

Risk Level: low — Comstock Holding Companies, Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting and does not contain new financial or operational information that would indicate significant risk.

Analyst Insight

Stockholders should review the proxy materials to make informed decisions on director elections, auditor ratification, and executive compensation.

Key Numbers

• June 12, 2024 — Annual Meeting Date (2024 Annual Meeting of Stockholders.)
• 2027 — Director Term Expiration (Three-year term for elected directors.)
• 2024 — Fiscal Year End (Fiscal year for which Grant Thornton, LLP is proposed as auditor.)
• 2023 — Compensation Year (Year for which executive compensation is subject to advisory vote.)
• April 15, 2024 — Record Date (Determines shareholders eligible to vote.)

Key Players & Entities

• Comstock Holding Companies, Inc. (company) — Registrant and filer of the proxy statement.
• Grant Thornton, LLP (company) — Proposed independent registered public accounting firm.
• June 12, 2024 (date) — Date of the 2024 Annual Meeting of Stockholders.
• April 15, 2024 (date) — Record date for determining shareholders eligible to vote.
• 1900 Reston Metro Plaza, 10th Floor, Reston, Virginia 20190 (location) — Company's corporate headquarters and meeting location.

FAQ

Key Dates

• 2024-06-12: 2024 Annual Meeting of Stockholders — To elect directors, ratify auditors, and vote on executive compensation.
• 2024-04-15: Record Date — Determines shareholders eligible to vote at the annual meeting.

Glossary

DEF 14A

Definitive Proxy Statement filed with the SEC. (This filing type indicates the company is providing official notice and details for its shareholder meeting.)

Named Executive Officers (NEOs)

The top executive compensation earners at a company. (Shareholders vote on their compensation, making it a key point of interest in proxy statements.)

Independent Registered Public Accounting Firm

An external auditor hired to provide an independent opinion on the company's financial statements. (Ratification of the auditor is a standard agenda item to ensure shareholder confidence in financial reporting.)

Key Financial Figures

• $0.01 — holders of our common stock, par value $0.01 per share, for use at our 2024 Annual M

Filing Documents

• a2024def14aproxystatement.htm (DEF 14A) — 482KB
• a2024pvp-ni.jpg (GRAPHIC) — 264KB
• a2024pvp-tsr.jpg (GRAPHIC) — 231KB
• comstocklogo.jpg (GRAPHIC) — 579KB
• image.jpg (GRAPHIC) — 16KB
• proxycard1.jpg (GRAPHIC) — 258KB
• proxycard2.jpg (GRAPHIC) — 122KB
• 0001299969-24-000013.txt (&nbsp;) — 2506KB

From the Filing

DEF 14A 1 a2024def14aproxystatement.htm DEF 14A Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) 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 Rule 14a-12 Comstock Holding Companies, Inc. (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 COMSTOCK HOLDING COMPANIES, INC. 1900 Reston Metro Plaza, 10 th Floor Reston, Virginia 20190 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS TO BE HELD ON JUNE 12, 2024 To the stockholders of Comstock Holding Companies, Inc. The 2024 Annual Meeting of Stockholders of Comstock Holding Companies, Inc. (the Company), a Delaware corporation, will be held at Comstock's corporate headquarters, located at 1900 Reston Metro Plaza, Reston, Virginia 20190, on Wednesday, June 12, 2024, at 900 a.m. local time in the building's 2nd floor conference center. The purpose of this meeting is to consider and vote on the following matters, each described in further detail within the proxy statement accompanying this notice 1. To elect two directors, each to serve for a three-year term expiring at the 2027 Annual Meeting of Stockholders, or until their successors are duly elected and qualified or until their earlier resignation or removal 2. To ratify the appointment of Grant Thornton, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024 3. To cast a non-binding, advisory vote to approve the 2023 compensation of our named executive officers and 4. To transact any other business that may properly come before the meeting or any adjournment or postponement thereof. The Board of Directors has fixed April 15, 2024, as the record date for determining shareholders that are entitled to receive notice of, and to vote at, the 2024 Annual Meeting of Stockholders or any adjournment or postponement thereof. Your vote is important . All stockholders are invited to attend the meeting and vote in person. If you are unable to attend, please vote your proxy promptly to ensure your shares are properly represented. You can vote by Internet, by telephone, or by signing, dating, and returning the enclosed proxy card in the postage-prepaid return envelope provided. Stockholders who vote by proxy may still attend the meeting, revoke their proxy, and vote their shares in person. By Order of the Board of Directors, Jubal R. Thompson General Counsel and Secretary Reston, Virginia April 29, 2024 Important Notice Regarding the Availability of Proxy Materials for the 2024 Annual Meeting of Stockholders to be held on June 12, 2024 The Proxy Statement and the 2023 Annual Report are available at www.proxydocs.comCHCI . 1 COMSTOCK HOLDING COMPANIES, INC. 1900 Reston Metro Plaza, 10 th Floor Reston, Virginia 20190 PROXY STATEMENT FOR THE 2024 ANNUAL MEETING OF STOCKHOLDERS The Comstock Holding Companies, Inc. (Comstock, the Company, we, our, or us) 2024 Annual Meeting of Stockholders (the "Annual Meeting") will be held at Comstock's corporate headquarters, located at 1900 Reston Metro Plaza, Reston, Virginia 20190, on Wednesday, June 12, 2024, at 900 a.m. local time in the building's 2nd floor conference center. This Proxy Statement is furnished in connection with the solicitation by the Board of Directors (the "Board") of Comstock Holding Companies, Inc. of proxies from the holders of our common stock, par value $0.01 per share, for use at our 2024 Annual Meeting of Stockholders or at any adjournment or postponement of the Annual Meeting. Stockholders of record at the close of business on April 15, 2024, are entitled to receive notice of, and to vote at the Annual Meeting. As of the record date there were 9,392,186 shares of Class A common stock and 220,250 shares of Class B common stock outstanding. Each holder of our Class A common stock may cast one (1) vote per share held on all matters to be voted on at the Annual Meeting. Each holder of our Class B common stock may cast fifteen (15) votes per share held on all matters to be voted on at the Annual Meeting. A list of our stockholders will be available at our corporate headquarters, located at 1900 Reston Metro Plaza, 10th Floor, Reston, Virginia 20190, for a period of ten days prior to the Annual Meeting and at the Annual Meeting itself. This proxy statement and form of proxy are first being m

View Full Filing

View this DEF 14A filing on SEC EDGAR