Equitable Holdings, Inc. Files Definitive Proxy Statement (DEF 14A)
Ticker: EQH-PC · Form: DEF 14A · Filed: Apr 9, 2024 · CIK: 1333986
Sentiment: neutral
Topics: DEF 14A, Equitable Holdings, Proxy Statement, Executive Compensation, Corporate Governance
TL;DR
<b>Equitable Holdings, Inc. has filed its Definitive Proxy Statement (DEF 14A) for the period ending May 22, 2024.</b>
AI Summary
Equitable Holdings, Inc. (EQH-PC) filed a Proxy Statement (DEF 14A) with the SEC on April 9, 2024. Equitable Holdings, Inc. filed a DEF 14A form on April 9, 2024. The filing covers the period ending May 22, 2024. The company's principal executive offices are located at 1345 Avenue of the Americas, New York, NY 10105. The company was formerly known as AXA Equitable Holdings, Inc. and AXA America Holdings, Inc. The filing includes data related to equity awards, cash dividends, and service costs for the fiscal year ending December 31, 2023.
Why It Matters
For investors and stakeholders tracking Equitable Holdings, Inc., this filing contains several important signals. This filing is a routine requirement for publicly traded companies to provide shareholders with information regarding annual meetings, director nominations, and executive compensation. Shareholders can review details on executive compensation, equity awards, and dividend payouts, which may influence voting decisions on corporate governance matters.
Risk Assessment
Risk Level: — Equitable Holdings, Inc. shows moderate risk based on this filing. The filing is a standard DEF 14A, indicating routine corporate governance disclosures rather than significant new financial events or risks.
Analyst Insight
Review the executive compensation details and shareholder proposals within the DEF 14A to understand management's remuneration and any potential changes to corporate governance.
Key Numbers
- 2024-04-09 — Filing Date (Date of filing)
- 2024-05-22 — Period of Report (Conformed period of report)
- 2023-12-31 — Fiscal Year End (Fiscal year end)
Key Players & Entities
- Equitable Holdings, Inc. (company) — Filer name
- AXA Equitable Holdings, Inc. (company) — Former company name
- AXA AMERICA HOLDINGS, INC. (company) — Former company name
- New York (location) — Business address city
FAQ
When did Equitable Holdings, Inc. file this DEF 14A?
Equitable Holdings, Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 9, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Equitable Holdings, Inc. (EQH-PC).
Where can I read the original DEF 14A filing from Equitable Holdings, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Equitable Holdings, Inc..
What are the key takeaways from Equitable Holdings, Inc.'s DEF 14A?
Equitable Holdings, Inc. filed this DEF 14A on April 9, 2024. Key takeaways: Equitable Holdings, Inc. filed a DEF 14A form on April 9, 2024.. The filing covers the period ending May 22, 2024.. The company's principal executive offices are located at 1345 Avenue of the Americas, New York, NY 10105..
Is Equitable Holdings, Inc. a risky investment based on this filing?
Based on this DEF 14A, Equitable Holdings, Inc. presents a moderate-risk profile. The filing is a standard DEF 14A, indicating routine corporate governance disclosures rather than significant new financial events or risks.
What should investors do after reading Equitable Holdings, Inc.'s DEF 14A?
Review the executive compensation details and shareholder proposals within the DEF 14A to understand management's remuneration and any potential changes to corporate governance. The overall sentiment from this filing is neutral.
How does Equitable Holdings, Inc. compare to its industry peers?
Equitable Holdings, Inc. operates within the insurance sector, specifically focusing on insurance agents, brokers, and services.
Are there regulatory concerns for Equitable Holdings, Inc.?
As a public company, Equitable Holdings, Inc. is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) for shareholder meetings.
Industry Context
Equitable Holdings, Inc. operates within the insurance sector, specifically focusing on insurance agents, brokers, and services.
Regulatory Implications
As a public company, Equitable Holdings, Inc. is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) for shareholder meetings.
What Investors Should Do
- Review the detailed executive compensation packages and any proposed changes.
- Analyze shareholder proposals and voting recommendations.
- Examine the company's disclosures regarding director nominees and their qualifications.
Year-Over-Year Comparison
This is a DEF 14A filing, which is a routine disclosure. No specific comparative data from a previous filing is immediately apparent in this excerpt.
Filing Stats: 4,431 words · 18 min read · ~15 pages · Grade level 13.6 · Accepted 2024-04-09 16:31:17
Key Financial Figures
- $1.7 billion — rating Non-GAAP Operating Earnings 1 of $1.7 billion and ending the year with $930 billion o
- $930 billion — f $1.7 billion and ending the year with $930 billion of assets under management and administ
- $0.01 — lding shares of common stock, par value $0.01 per share, of Equitable Holdings, Inc.
- $1.3 b — hts include: Full year cash flow 2 of $1.3 billion, in line with guidance. Full ye
- $1.3 billion — ith guidance. Full year net income of $1.3 billion and Non-GAAP Operating Earnings 3 of $1
- $1.2 billion — Earnings 3 of $1.7 billion. Returned $1.2 billion to shareholders during the year, delive
- $5.3 billion — . Strong organic growth momentum with $5.3 billion of Individual Retirement and Group Reti
- $3.0 billion — t and Group Retirement net inflows, and $3.0 billion of Wealth Management advisory net inflo
- $12 billion — peline remains strong and ended 2023 at $12 billion. $1.2 Billion Returned to Stockholder
- $1.2 Billion — strong and ended 2023 at $12 billion. $1.2 Billion Returned to Stockholders in 2023 2
Filing Documents
- d66103ddef14a.htm (DEF 14A) — 1899KB
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- 0001193125-24-090876.txt ( ) — 8644KB
- eqh-20231231.xsd (EX-101.SCH) — 10KB
- eqh-20231231_def.xml (EX-101.DEF) — 10KB
- eqh-20231231_lab.xml (EX-101.LAB) — 18KB
- eqh-20231231_pre.xml (EX-101.PRE) — 13KB
- d66103ddef14a_htm.xml (XML) — 461KB
Executive Compensation
Executive Compensation 19 Board and Corporate Governance Practices 82 ESG at Equitable Holdings 89 Certain Relationships and Related Person Transactions 94
Security Ownership of Certain Beneficial Owners and Management
Security Ownership of Certain Beneficial Owners and Management 96 Delinquent Section 16(a) Reports 99 The Annual Meeting, Voting and Other Information 100
Forward-Looking Statements
Forward-Looking Statements 106 Appendix A: Non-GAAP Financial Measures 107 Notice of Annual Meeting of Stockholders and 2024 Proxy Statement 1 Table of Contents CERTAIN IMPORTANT TERMS Corporate Entities As used in this Proxy Statement, "we," "us," "our" and the "Company" mean Equitable Holdings, Inc. and its consolidated subsidiaries, unless the context refers only to Equitable Holdings, Inc. (which we refer to as "Holdings," "Equitable Holdings" or "EQH") as a corporate entity. We also use the following capitalized terms: "AB" or "AllianceBernstein" means AB Holding and ABLP. As of December 31, 2023 Holdings and its subsidiaries maintained an approximate 61% economic interest in AB. "AB Corp" means AllianceBernstein Corporation, or the "General Partner" of AB Holding and ABLP. AB Corp is a wholly owned subsidiary of Holdings. AB Holding and ABLP are managed and controlled by the General Partner. The Board of the General Partner acts as the Board of each of AB Holding and ABLP. "AB Holding" means AllianceBernstein Holding L.P., a Delaware limited partnership. "AB Holding Units" means units representing assignments of beneficial ownership of limited partnership interests in AB Holding. "AB Units" means units of limited partnership interests in ABLP. "ABLP" means AllianceBernstein L.P., a Delaware limited partnership and the operating partnership for the AB business. "Equitable America" means Equitable Financial Life Insurance Company of America, an Arizona corporation and a wholly-owned indirect subsidiary of Holdings. "Equitable Financial" means Equitable Financial Life Insurance Company, a New York corporation and a wholly-owned indirect subsidiary of Holdings. Other Items "Certificate of Incorporation" means the Second Amended and Restated Certificate of Incorporation of the Company filed with the Delaware Secretary of State on May 24, 2023. "Exchange Act" means the Securities Exchange Act of 1934, as amended. "FASB" means the Finan