Distribution Solutions Group Files Proxy Statement Amendment
Ticker: DSGR · Form: DEFA14A · Filed: Apr 29, 2024 · CIK: 703604
| Field | Detail |
|---|---|
| Company | Distribution Solutions Group, Inc. (DSGR) |
| Form Type | DEFA14A |
| Filed Date | Apr 29, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $7,000, $26.3 billion, $3 billion, $200M |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, amendment, shareholder-meeting
TL;DR
DSG filed an amended proxy statement for their annual meeting. Vote your shares!
AI Summary
Distribution Solutions Group, Inc. (DSG) filed an amended proxy statement (DEFA14A) on April 29, 2024. This filing concerns the company's annual meeting and related proposals. The company, formerly Lawson Products Inc., is headquartered in Fort Worth, Texas.
Why It Matters
This filing provides shareholders with updated information regarding the company's annual meeting, allowing them to make informed voting decisions on important corporate matters.
Risk Assessment
Risk Level: low — This is a routine regulatory filing (DEFA14A) providing information to shareholders about an upcoming meeting, not indicating significant financial or operational risk.
Key Players & Entities
- Distribution Solutions Group, Inc. (company) — Registrant
- Lawson Products Inc. (company) — Former company name
- Fort Worth, Texas (location) — Company headquarters
- 0000703604-24-000049 (filing_id) — Accession Number
FAQ
What type of filing is this DEFA14A?
This is an amended proxy statement filed pursuant to Section 14(a) of the Securities Exchange Act of 1934.
Who is the filing company?
The filing company is Distribution Solutions Group, Inc.
When was this filing submitted?
This filing was submitted on April 29, 2024.
What was Distribution Solutions Group, Inc. formerly known as?
Distribution Solutions Group, Inc. was formerly known as Lawson Products Inc./New/DE/.
Where is Distribution Solutions Group, Inc. located?
The company's business and mailing address is 301 Commerce Street, Suite 1700, Fort Worth, TX 76102.
Filing Stats: 4,664 words · 19 min read · ~16 pages · Grade level 13.4 · Accepted 2024-04-29 11:09:44
Key Financial Figures
- $7,000 — e solicitation at a fee estimated to be $7,000 plus expenses. Officers of the Company
- $26.3 billion — d investment advisor with approximately $26.3 billion of assets under management as of Decemb
- $3 billion — partnerships manage over approximately $3 billion of flexible private capital focused on
- $200M — rs as the Chief Financial Officer for a $200M retail chain, where he was responsible
Filing Documents
- a2023proxy.htm (DEFA14A) — 854KB
- a2021-2023neorealizedrealia.jpg (GRAPHIC) — 100KB
- a2021-2023stockpricea.jpg (GRAPHIC) — 45KB
- a2024coverpagea.jpg (GRAPHIC) — 141KB
- briansiga.jpg (GRAPHIC) — 6KB
- capvscumulativetsra.jpg (GRAPHIC) — 70KB
- capvsnetincomea.jpg (GRAPHIC) — 72KB
- directorcharta.jpg (GRAPHIC) — 39KB
- dsglogoa.jpg (GRAPHIC) — 13KB
- proxycardpage1a.jpg (GRAPHIC) — 114KB
- proxycardpage2a.jpg (GRAPHIC) — 75KB
- 0000703604-24-000049.txt ( ) — 1786KB
Security Ownership of Certain Beneficial Owners and Management
Security Ownership of Certain Beneficial Owners and Management 16 Corporate Governance 17 Remuneration of Executive Officers 24 Compensation Overview 24 Compensation Philosophy and Objectives 24 Key Factors in Determining Executive Compensation 25 Role of Compensation Committee in Setting Executive Compensation 25 Role of Executives in Setting Compensation 26 Role of the Independent Compensation Consultant 27 Response to Say-On-Pay Vote 27 Current Elements of Named Executive Officer Compensation 27 Overview and 202 3 Company Highlights 27 Elements of Total Compensation 28 Base Salary 29 Annual Incentive Plan ("AIP") 29 Equity-Based IncentivesLong-Term Incentive Plan ("LTIP") 32 Benefits and Retirement Plans 34 Employment and Change-in-Control Contracts 40 Tax and Accounting Considerations 40 Compensation Agreements 41 202 3 Summary Compensation Table 43 All Other Compensation in 202 3 44 Outstanding Equity Awards on December 31, 202 3 45 Non-qualified Deferred Compensation in 202 3 46 Director Compensation in 202 3 46 Certain Relationships and Related Transactions 47 Fees Billed to the Company by Grant Thornton , LLP 51 Report of the Audit Committee of the Board of Directors 52 Section 16(a) Beneficial Ownership Reporting Compliance 53 Householding of Annual Meeting Materials 53 Deadline for Receipt of Stockholder Proposals for 202 5 Annual Meeting 53 Appendix A 55 3 _______________ PROXY STATEMENT ANNUAL MEETING OF STOCKHOLDERS May 23, 2024 ________________ QUESTIONS AND ANSWERS ABOUT THE 2024 ANNUAL MEETING AND VOTING How do I vote You can vote at the Annual Meeting using the voting procedures set forth at www.meetnow.globalM6ZCFXZ or by proxy without attending the meeting. You may also vote your shares by telephone or via the Internet as set forth in the enclosed proxy. Even if you expect to attend the virtual annual meeting, we strongly encourage you to si