HEICO CORP Files 2025 Definitive Proxy Statement

Ticker: HEI-A · Form: DEF 14A · Filed: Jan 31, 2025 · CIK: 46619

Sentiment: neutral

Topics: proxy-statement, annual-meeting, corporate-governance

TL;DR

HEICO CORP's proxy statement is in, shareholders get to vote on directors and pay.

AI Summary

HEICO CORP filed its definitive proxy statement on January 31, 2025, for the fiscal year ending October 31, 2024. The filing, designated as DEF 14A, provides information required for its annual shareholder meeting. HEICO CORP, headquartered in Hollywood, Florida, is a manufacturer in the aircraft engines and parts industry.

Why It Matters

This filing is crucial for shareholders as it outlines the agenda and proposals for the upcoming annual meeting, including director elections and executive compensation, allowing them to make informed voting decisions.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) that provides information to shareholders and does not contain new material events or financial disclosures that would typically impact risk.

Key Numbers

Key Players & Entities

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, or definitive proxy statement, is used by companies to solicit proxies from shareholders for an upcoming annual or special meeting, providing detailed information on matters to be voted upon.

What industry does HEICO CORP operate in?

HEICO CORP operates in the AIRCRAFT ENGINES & ENGINE PARTS industry, as indicated by its SIC code [3724].

Where is HEICO CORP headquartered?

HEICO CORP is headquartered in Hollywood, Florida, with its business and mail address listed as 3000 Taft Street, Hollywood, FL 33021.

When is HEICO CORP's fiscal year end?

HEICO CORP's fiscal year ends on October 31st.

What was HEICO CORP's former company name?

HEICO CORP was formerly known as HEINICKE INSTRUMENTS CO, with a date of name change recorded as April 17, 1986.

Filing Stats: 4,525 words · 18 min read · ~15 pages · Grade level 11.8 · Accepted 2025-01-31 08:49:54

Key Financial Figures

Filing Documents

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 32 Summary Compensation Table 32 Grants of Plan-Based Awards 34 Outstanding Equity Awards at Fiscal 2024 Year-End 35 Option Exercises During Last Fiscal Year 36 Non-qualified Deferred Compensation 36 Potential Payments Upon Termination or Change in Control 37 CEO Pay Ratio 37 Pay Versus Performance 38 Description of Relationships Between Compensation Actually Paid and Performance 40 ADVISORY VOTE ON EXECUTIVE COMPENSATION (Proposal No. 2) 42 Recommendation 42 FINANCE/AUDIT COMMITTEE REPORT 43 RATIFICATION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM (Proposal No. 3) 44 Recommendation 44 Principal Accounting Firm Fees 44 Pre-approval of Services Provided by the Independent Registered Public Accounting Firm 44 VOTING REQUIREMENTS 45 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 45 SHAREHOLDER PROPOSALS AND NOMINATIONS 46 COMMUNICATION WITH THE BOARD OF DIRECTORS 46 SHAREHOLDERS SHARING THE SAME ADDRESS 47 GENERAL AND OTHER MATTERS 47 ANNEX A - NON-GAAP FINANCIAL MEASURE A-1 TABLE OF CONTENTS PROXY SUMMARY This Proxy Statement is furnished to the shareholders of HEICO Corporation (collectively, "HEICO," "we," "us," "our" or the "Company") in connection with the solicitation of proxies by HEICO's Board of Directors (the "Board") for use at the Annual Meeting of Shareholders of HEICO (the "Annual Meeting"). Annual Meeting of Stockholders When: March 14, 2025 10:00 A.M. Eastern Daylight Time Where: Hotel AKA Brickell 1395 Brickell Ave, Miami, FL 33131 www.stayaka.com Internet Availability of Proxy Materials and Annual Report on Form 10-K This Proxy Statement and our 2024 Annual Report on Form 10-K are also available on our website at https://www.heico.com under the heading "Investors." Our website does not constitute a part of the Proxy Statement. Voting Matters For more information Board's recommendation Proposal No

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