Capital Southwest Corp Files 2024 DEF 14A
Ticker: CSWC · Form: DEF 14A · Filed: May 31, 2024 · CIK: 17313
| Field | Detail |
|---|---|
| Company | Capital Southwest Corp (CSWC) |
| Form Type | DEF 14A |
| Filed Date | May 31, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $19 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, executive-compensation, equity-awards, corporate-governance
Related Tickers: CSWC
TL;DR
CSWC proxy statement out, details exec comp & equity awards for FY24.
AI Summary
Capital Southwest Corp filed its DEF 14A on May 31, 2024, for the fiscal year ending March 31, 2024. The filing details executive compensation and equity awards, including reported values, grants, and vested amounts for the fiscal years 2023-2024 and 2022-2023. Specific dollar amounts for these awards are not detailed in the provided text snippet.
Why It Matters
This filing provides transparency into executive compensation practices and the structure of equity awards, which can influence investor decisions and corporate governance.
Risk Assessment
Risk Level: low — This is a routine proxy filing (DEF 14A) that primarily discloses executive compensation and corporate governance information, not typically indicative of immediate financial risk.
Key Numbers
- 2024 — Fiscal Year End (The filing covers the fiscal year ending March 31, 2024.)
- 2023 — Fiscal Year End (The filing also provides comparative data for the fiscal year ending March 31, 2023.)
Key Players & Entities
- CAPITAL SOUTHWEST CORP (company) — Filer of the DEF 14A
- 0000017313-24-000034 (filing_id) — Accession number for the filing
- 20240531 (date) — Filing date
- 20240725 (date) — Period of report
- 0331 (fiscal_year_end) — Fiscal year end date
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Proxy Statement, is used to solicit proxies from shareholders when a company is holding an annual or special meeting of shareholders. It provides detailed information about matters to be voted on, including director elections, executive compensation, and other corporate governance issues.
What specific fiscal years are covered by the equity award data in this filing?
The provided text indicates that equity award data is reported for the fiscal years 2023-2024 (April 1, 2023 to March 31, 2024) and 2022-2023 (April 1, 2022 to March 31, 2023).
Where is Capital Southwest Corp headquartered?
Capital Southwest Corp is headquartered in Dallas, Texas, with its business and mailing addresses listed at 8333 Douglas Ave, Suite 1100, Dallas, TX 75225.
What is the SEC file number for Capital Southwest Corp?
The SEC file number for Capital Southwest Corp is 814-00061.
Does this filing contain specific dollar amounts for executive compensation?
The provided text snippet mentions categories of equity awards like 'EquityAwardsReportedValueMember' and 'EquityAwardsGrantedInCurrentYearMember' for specific fiscal years, but it does not list the specific dollar amounts associated with these awards.
Filing Stats: 4,722 words · 19 min read · ~16 pages · Grade level 13.6 · Accepted 2024-05-31 16:05:37
Key Financial Figures
- $19 billion — bank holding company with approximately $19 billion in assets. Mr. Brooks previously served
Filing Documents
- cswc-20240531.htm (DEF 14A) — 671KB
- cswc-20240531_g1.jpg (GRAPHIC) — 12KB
- cswc-20240531_g2.jpg (GRAPHIC) — 5KB
- cswc-20240531_g3.jpg (GRAPHIC) — 183KB
- cswc-20240531_g4.jpg (GRAPHIC) — 162KB
- cswc-20240531_g5.jpg (GRAPHIC) — 156KB
- cswc-20240531_g6.jpg (GRAPHIC) — 452KB
- cswc-20240531_g7.jpg (GRAPHIC) — 251KB
- 0000017313-24-000034.txt ( ) — 4131KB
- cswc-20240531.xsd (EX-101.SCH) — 4KB
- cswc-20240531_def.xml (EX-101.DEF) — 5KB
- cswc-20240531_lab.xml (EX-101.LAB) — 7KB
- cswc-20240531_pre.xml (EX-101.PRE) — 4KB
- cswc-20240531_htm.xml (XML) — 151KB
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 20 PROPOSAL TWO: ADVISORY VOTE ON EXECUTIVE COMPENSATION 22 COMPENSATION DISCUSSION AND ANALYSIS 24 Compensation Philosophy and Overview 24 Shareholder Advisory Vote on Executive Compensation 25 Elements of Executive Compensation 26 Other Benefits 28 Potential Payments upon Change in Control or Termination of Employment 28 Compensatory Risk Assessment 29 COMPENSATION COMMITTEE REPORT 30 COMPENSATION OF EXECUTIVE OFFICERS 31 Summary Compensation Table 31 All Other Compensation 31 Grants of Plan Based Awards 32 Outstanding Equity Awards at Fiscal Year End 32 Equity Awards Vested in Fiscal Year 32 Potential Payments Upon Termination or Change in Control 33 PROPOSAL THREE: RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED ACCOUNTING FIRM 38 Audit and Other Fees Paid to Prior Independent Registered Public Accounting Firm 39 AUDIT COMMITTEE REPORT 40 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 42 PRIVACY NOTICE 42 OTHER MATTERS 42 Shareholder Proposals for 2025 Annual Meeting 42 Reduce Duplicate Mailings 43 Table of Contents PROXY STATEMENT 2024 ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON JULY 25, 2024 GENERAL INFORMATION We are furnishing you this Proxy Statement in connection with the solicitation of proxies by the Board of Directors (the "Board") of Capital Southwest Corporation, a Texas corporation (the "Company," "Capital Southwest," "we," "us," or "our"). This Proxy Statement addresses the items of business for the 2024 Annual Meeting of Shareholders of Capital Southwest (the "Annual Meeting") to be held on July 25, 2024 or any postponement or adjournment thereof. We will hold the Annual Meeting at 9:00 a.m. Central Time. The Annual Meeting will be held in a virtual meeting format setting only. You can participate in the Annual Meeting, vote, and submit questions via live webcast by visiting www.virtualshareho