eHealth Appoints New Directors, Approves Incentive Plan
Ticker: EHTH · Form: 8-K · Filed: Jun 14, 2024 · CIK: 1333493
| Field | Detail |
|---|---|
| Company | Ehealth, Inc. (EHTH) |
| Form Type | 8-K |
| Filed Date | Jun 14, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, incentive-plan, governance
TL;DR
eHealth adds 2 new board members and greenlights its 2024 incentive plan.
AI Summary
On June 12, 2024, eHealth, Inc. announced the departure of director Michael L. Smith and the election of two new directors, David L. Neuhauser and Steven J. Z. Shulman, to its Board of Directors. The company also reported on the approval of its 2024 Omnibus Incentive Plan at its Annual Meeting of Stockholders.
Why It Matters
The appointment of new directors and the approval of an incentive plan can signal strategic shifts and future growth initiatives for eHealth.
Risk Assessment
Risk Level: low — This filing primarily concerns board changes and the approval of an incentive plan, which are routine corporate governance matters.
Key Numbers
- June 12, 2024 — Event Date (Date of earliest event reported)
Key Players & Entities
- eHealth, Inc. (company) — Registrant
- Michael L. Smith (person) — Departing Director
- David L. Neuhauser (person) — Newly Elected Director
- Steven J. Z. Shulman (person) — Newly Elected Director
- 2024 Omnibus Incentive Plan (plan) — Approved Incentive Plan
FAQ
Who has departed from eHealth's Board of Directors?
Michael L. Smith has departed from eHealth's Board of Directors as of June 12, 2024.
Who are the newly elected directors at eHealth?
David L. Neuhauser and Steven J. Z. Shulman were elected as new directors to eHealth's Board.
What is the name of the incentive plan approved by eHealth's stockholders?
The approved incentive plan is the 2024 Omnibus Incentive Plan.
What type of corporate action is reported in this 8-K filing?
This 8-K filing reports on the departure of directors, election of directors, appointment of officers, and submission of matters to a vote of security holders, including the approval of an incentive plan.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on June 12, 2024.
Filing Stats: 1,339 words · 5 min read · ~4 pages · Grade level 12.6 · Accepted 2024-06-14 16:21:03
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share EHTH The Nasdaq Stock Market
Filing Documents
- ehth-20240612.htm (8-K) — 51KB
- exhibit1012024equityincent.htm (EX-10.1) — 160KB
- exhibit1022020employeestoc.htm (EX-10.2) — 93KB
- 0001333493-24-000106.txt ( ) — 472KB
- ehth-20240612.xsd (EX-101.SCH) — 2KB
- ehth-20240612_lab.xml (EX-101.LAB) — 21KB
- ehth-20240612_pre.xml (EX-101.PRE) — 12KB
- ehth-20240612_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders. As of the close of business on April 15, 2024, the record date for the Annual Meeting, the holders of the Company's capital stock were entitled to an aggregate of 33,053,285 votes, comprised of (i) an aggregate of 29,121,118 votes to which the holders of the Company's 29,121,118 shares of outstanding common stock were entitled and (ii) 3,932,167 votes to which the holder of all of the Company's 2,250,000 shares of outstanding Series A preferred stock was entitled. An aggregate of 26,640,265 votes were represented at the Annual Meeting, or 80.59% of the total voting power of the shares of the Company's capital stock entitled to vote. Summarized below are the final voting results for each proposal submitted to a vote of the stockholders at the Annual Meeting: Proposal 1 – Election of Directors. The Company's stockholders voted to elect three Class III directors (Erin L. Russell, Cesar M. Soriano and Dale B. Wolf) to serve for terms of three years and until their respective successors are duly elected and qualified, subject to earlier resignation or removal, with voting results as follows: Name Votes For Votes Withheld Broker Non-Votes Erin L. Russell 18,526,280 2,496,960 5,617,025 Cesar M. Soriano 17,916,147 3,107,093 5,617,025 Dale B. Wolf 19,060,479 1,962,761 5,617,025 Proposal 2 – A Vote to Approve, on an Advisory Basis, the Compensation of the Company's Named Executive Officers. The Company's stockholders voted to approve the compensation of the Company's named executive officers as described in the Proxy Statement, with voting results as follows: Votes For Votes Against Abstain Broker Non-Votes 17,329,691 3,668,180 25,369 5,617,025 Proposal 3 – Ratification of the Appointment of Independent Registered Public Accounting Firm. The Company's stockholders voted to ratify the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the Company's
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1* 2024 Equity Incentive Plan 10.2* 2020 Employee Stock Purchase Plan 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) * Indicates a management contract or compensatory plan or arrangement. SIGNATURE 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. eHealth, Inc. Date: June 14, 2024 /s/ Gavin G. Galimi Gavin G. Galimi SVP, General Counsel and Corporate Secretary