Pagaya Technologies Files Definitive Proxy Statement

TL;DR

Pagaya proxy filed for Dec 11 meeting - shareholders vote on exec pay, board, etc.

AI Summary

Pagaya Technologies Ltd. filed a definitive proxy statement (DEF 14A) on October 25, 2024, for its annual meeting on December 11, 2024. The filing outlines the company's governance and proposals to be voted on by shareholders. Key details regarding executive compensation, director nominations, and other corporate matters will be presented.

Why It Matters

This filing is crucial for shareholders as it details the company's leadership, executive compensation, and key proposals that will be voted on, directly impacting the company's future direction and shareholder value.

Risk Assessment

Risk Level: medium — Proxy statements are routine but can reveal significant information about executive compensation, board composition, and shareholder proposals that may indicate underlying company health or strategic shifts.

Key Numbers

• 20241211 — Annual Meeting Date (Shareholders will vote on proposals at this date.)
• 20241025 — Filing Date (Date the definitive proxy statement was filed with the SEC.)

Key Players & Entities

• Pagaya Technologies Ltd. (company) — Registrant
• 0001140361-24-044284 (filing_id) — Accession Number
• 20241025 (date) — Filing Date
• 20241211 (date) — Meeting Date

FAQ

Key Financial Figures

• $4.5 — ivate equity investment group with over $4.5 billion of assets under management

Filing Documents

• ny20033040x2_def14a.htm (DEF 14A) — 403KB
• logo_pagaya.jpg (GRAPHIC) — 25KB
• ny20033040x2_pc01.jpg (GRAPHIC) — 866KB
• ny20033040x2_pc02.jpg (GRAPHIC) — 767KB
• sig_avizeevi.jpg (GRAPHIC) — 8KB
• 0001140361-24-044284.txt ( ) — 2698KB

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT     12 Major Shareholders     12 Compensation of Directors and Executive Officers     13 Delinquent Section 16(a) Reports     14 AUDIT COMMITTEE REPORT     15 PROPOSAL 3: RE-APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM     17 PROPOSAL 4: APPROVAL OF THE FRAMEWORK FOR THE 2024 BONUSES FOR OUR EXECUTIVE OFFICERS WHO ARE ALSO DIRECTORS     18 PROPOSAL 5: APPROVAL, ON AN ADVISORY (NON-BINDING) BASIS, OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS     20 PROPOSAL 6: TO VOTE, ON AN ADVISORY (NON-BINDING) BASIS, THE FREQUENCY OF FUTURE ADVISORY VOTES ON EXECUTIVE COMPENSATION     22 PROPOSAL 7: APPROVAL OF AN AMENDMENT TO OUR ARTICLES OF ASSOCIATION GOVERNING THE EMPLOYMENT OF CERTAIN EXECUTIVES     23 PROPOSAL 8: APPROVAL OF A MINOR AMENDMENT TO THE OWNERSHIP THRESHOLD REQUIRED TO BE MAINTAINED BY OUR FOUNDERS TO AVOID THE AUTOMATIC CONVERSION OF OUR CLASS B ORDINARY SHARES TO CLASS A ORDINARY SHARES     24 PROPOSALS OF SHAREHOLDERS     25 OTHER BUSINESS     26 QUESTIONS AND ANSWERS ABOUT THE ANNUAL MEETING     27 ADDITIONAL INFORMATION     32 INFORMATION INCORPORATED BY REFERENCE     33 ANNEX A     34 ANNEX B     35 ANNEX C     36         3 TABLE OF CONTENTS PROPOSAL 1:   APPROVAL OF THE PHASED-IN DECLASSIFICATION OF OUR BOARD OF DIRECTORS Background After continued evaluation of our corporate governance practices and careful consideration of views held by the investment community, the Board determined that it would be advisable and in the best interests of the Company and our shareholders, subject to shareholder approval

View Full Filing

View this DEF 14A filing on SEC EDGAR