Easterly Government Properties Announces Board and Compensation Changes
Ticker: DEA · Form: 8-K · Filed: May 21, 2024 · CIK: 1622194
| Field | Detail |
|---|---|
| Company | Easterly Government Properties, Inc. (DEA) |
| Form Type | 8-K |
| Filed Date | May 21, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, board-of-directors
Related Tickers: EGP
TL;DR
Easterly Government Properties (EGP) filed an 8-K detailing board changes and executive comp updates.
AI Summary
Easterly Government Properties, Inc. announced on May 17, 2024, changes in its board of directors and executive compensation arrangements. The filing also covers the submission of matters to a vote of security holders and includes financial statements and exhibits. Specific details regarding the departures, elections, appointments, and compensatory arrangements are provided within the document.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns corporate governance and executive compensation, which typically have a low direct risk to the company's operations.
Key Players & Entities
- Easterly Government Properties, Inc. (company) — Registrant
- May 17, 2024 (date) — Date of earliest event reported
- Maryland (jurisdiction) — State of Incorporation
- 2001 K Street NW Suite 775 North (address) — Principal Executive Offices
- Washington (location) — City of Principal Executive Offices
- District of Columbia (location) — State of Principal Executive Offices
- 20006 (zip_code) — Zip Code of Principal Executive Offices
FAQ
What specific items were reported in this 8-K filing?
This 8-K filing reports on the departure of directors or certain officers, election of directors, appointment of certain officers, compensatory arrangements of certain officers, submission of matters to a vote of security holders, and financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on May 17, 2024.
What is the exact name of the Registrant?
The exact name of the Registrant is Easterly Government Properties, Inc.
In which state is Easterly Government Properties, Inc. incorporated?
Easterly Government Properties, Inc. is incorporated in Maryland.
What is the address of the Principal Executive Offices?
The address of the Principal Executive Offices is 2001 K Street NW Suite 775 North, Washington, District of Columbia, 20006.
Filing Stats: 1,138 words · 5 min read · ~4 pages · Grade level 11.4 · Accepted 2024-05-21 16:18:35
Filing Documents
- dea-20240517.htm (8-K) — 92KB
- dea-ex10_1.htm (EX-10.1) — 159KB
- 0000950170-24-062910.txt ( ) — 391KB
- dea-20240517.xsd (EX-101.SCH) — 24KB
- dea-20240517_htm.xml (XML) — 5KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. On May 17, 2024, the Company held the Annual Meeting, at which the stockholders voted on the proposals as follows: Proposal No. 1: The election of seven director nominees, each to serve until the next annual meeting of stockholders and until their successors are duly elected and qualified. Nominee For Against Abstain Broker Non-Votes Darrell W. Crate 74,135,521 885,289 126,638 15,226,655 William H. Binnie 68,114,411 6,908,442 124,595 15,226,655 Michael P. Ibe 74,083,027 939,262 125,159 15,226,655 Cynthia A. Fisher 59,109,102 15,913,878 124,468 15,226,655 Scott D. Freeman 72,551,322 2,469,617 126,509 15,226,655 Emil W. Henry, Jr. 68,653,723 6,364,987 128,738 15,226,655 Tara S. Innes 72,525,412 2,499,549 122,487 15,226,655 Proposal No. 2: Approval, on a non-binding advisory basis, of the compensation of the Company's named executive officers. For Against Abstain Broker Non-Votes 59,321,826 15,566,183 259,439 15,226,655 Proposal No. 3: Recommendation, on a non-binding advisory basis, of the frequency of non-binding advisory votes on the compensation of the Company's named executive officers. The Company currently intends to hold an advisory vote on the compensation of its named executive officers every year until the next required advisory vote on the frequency of holding the advisory vote on named executive officer compensation. 1 Year 2 Years 3 Years Abstain 73,351,205 130,237 1,453,587 212,419 Proposal No. 4: Approval of the 2024 Plan. For Against Abstain Broker Non-Votes 70,400,669 4,492,413 254,366 15,226,655 Proposal No. 5: Ratification of the Audit Committee's appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. For Against Abstain 87,328,272 2,819,193
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits: Exhibit Number Description 10.1 Easterly Government Properties, Inc. 2024 Equity Incentive Plan 104 Cover Page Interactive Data File (embedded within the inline XBRL document.)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. EASTERLY GOVERNMENT PROPERTIES, INC. By: /s/ Franklin V. Logan Name: Franklin V. Logan Title: Executive Vice President, General Counsel and Secretary Date: May 21, 2024